Global markets’ fast start to the year continued on Tuesday as world shares inched to a six-month high, Brent oil neared $70 a barrel for the first time since November and the dollar showed renewed signs of strength.
New orders for key U.S.-made capital goods slipped in February and shipments were unchanged, but data for January was revised slightly higher, which could support views that the manufacturing sector was stabilizing.
Ford is spending tens of millions of euros preparing for a possible British exit from the European Union without a trade deal and has yet to decide on its longer-term plans for Britain, Ford Europe chairman Steven Armstrong said on Tuesday.
Ford would have to take a “long, hard look” at its British operations, which include two engine factories, if Britain leaves the European Union without a deal, the U.S. carmaker said on Tuesday.
Royal Dutch Shell last year experienced a sharp rise in the number of oil spills caused by pipeline theft in Nigeria, which the company said were the result of larger output and higher oil prices.
New orders for key U.S.-made capital goods unexpectedly fell in February and shipments were unchanged, but data for January was revised slightly higher.
Air Canada said on Tuesday it has removed Boeing Co’s 737 MAX planes from flight schedules until July 1, citing uncertainty about when the aircraft would be allowed to return to service.
Vodafone still expects to secure EU antitrust approval for its $22 billion purchase of Liberty Global’s assets in Germany and eastern Europe by the middle of the year, it said on Tuesday.
The European Union has not raised major concerns about the impact of Vodafone buying Liberty Global’s assets on the cable market in Germany or on fixed line-mobile convergence in the Czech Republic, sources said.
Some environmentally focused investors are not ready to buy into Lyft Inc or Uber Technologies Inc, worried about the climate impact of this year’s two most closely watched initial public offerings.
The founder and former boss of Superdry, Julian Dunkerton, is set to return to the board of the British fashion group after winning the support of shareholders by a narrow margin, initial votes showed on Tuesday.
Royal Dutch Shell on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies.
Bitcoin burst to its highest level in almost five months on Tuesday, sending smaller cryptocurrencies up, with analysts ascribing the move to a major order by an anonymous buyer that triggered a frenzy of computer-driven trading.
World trade shrank by 0.3 percent in the fourth quarter of 2018 and is likely to grow by 2.6 percent this year, slower than 3.0 percent growth in 2018 and below a previous forecast of 3.7 percent, the World Trade Organization said on Tuesday.
World stocks hovered just under a six-month high on Tuesday as Brent neared $70 a barrel for the first time since November, Brexit fatigue sapped sterling and the dollar shows signs of gaining strength again.
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