Wall Street’s main indexes pared gains sharply on Tuesday following a Bloomberg report that U.S. officials are concerned China is pushing back against American demands in trade talks.
A proposal by Colombian coffee growers’ federation that producer countries sell their high-quality harvests untethered from the New York market price could encourage buyers to look for alternative providers, importers and exporters said.
The U.S. Office of the Comptroller of the Currency (OCC) said on Tuesday it has fined Citigroup $25 million for violating the Fair Housing Act after it denied some borrowers preferential rates on the basis of their race, color or other factors.
The investigation into the final minutes of Ethiopian Airlines Flight 302 turned on Tuesday to the secrets in the cockpit voice recorder as Boeing and a shaken global aviation industry hung on the outcome.
Norsk Hydro, one of the world’s largest aluminum producers, battled on Tuesday to contain a cyber attack which halted parts of its production, the latest example of the damage hackers can cause to business and industry.
Wall Street’s main indexes climbed on Tuesday, as investors hoped for a more accommodative policy stance at the end of the Federal Reserve’s two-day meeting this week.
Transport Canada said on Tuesday it would send a team to assist the U.S. Federal Aviation Administration in evaluating proposed design changes to update the software on Boeing’s now grounded 737 MAX jet.
General Motors said on Tuesday it would invest 10 billion reais ($2.65 billion) in two of its Brazilian plants located in the state of Sao Paulo.
Stock markets across the world rose on Tuesday for a seventh session, the longest winning streak of the year, while sterling wobbled against the U.S. dollar on expectations European Union officials would allow Britain a delay on Brexit negotiations.
The investigation into the final minutes of Ethiopian Airlines Flight 302 turned on Tuesday to the secrets in the cockpit voice recorder as Boeing and a shaken global aviation industry hung on the outcome.
The European Union will not allow models of the Boeing aircraft that crashed in Ethiopia to fly in its skies until it has received sufficient guarantees from the U.S. planemaker, the head of the bloc’s aviation safety agency said.
New orders for U.S.-made goods rose less than expected in January and shipments fell for a fourth straight month, offering more evidence of a slowdown in manufacturing activity.
Financiers, passengers and industry partners are, for now, still backing Ethiopian Airlines’ quest to become Africa’s dominant carrier, despite a March 10 crash that killed 157 people.
A crisis at India’s Jet Airways deepened on Tuesday as an increasingly worried Indian government called for an emergency meeting, angry passengers demanded refunds and pilots threatened to go on strike over unpaid salaries.
U.S. stocks rose on Tuesday with technology and financial shares leading gains, as investors expected a more accommodative policy stance at the end of the Federal Reserve’s two-day meeting this week.
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