Volkswagen’s supervisory board on Friday condemned remarks made by the company’s chief executive after he appeared to allude to a Nazi-era slogan when he attempted to describe the carmaker’s earnings potential.
Russian tycoon Oleg Deripaska sued the United States on Friday, alleging that it had overstepped its legal bounds in imposing sanctions on his companies and made him the “latest victim” in the U.S. probe into Moscow’s alleged political interference.
Shares of Tesla Inc fell nearly 5 percent on Friday, as investors wondered if its unveiling of an electric sports utility vehicle would add to pressure on cash flow, while analysts worried the carmaker was not addressing slowing demand for other models.
Russian businessman Oleg Deripaska said on Friday he had launched a lawsuit to try and force the United States to lift sanctions on his companies because he did not want his life’s work to be destroyed.
Wall Street’s main indexes hit session highs on Friday, in broad based gains led by technology stocks, as sentiment was lifted by an upbeat note in trade talks between the United States and China.
U.S. regulators will ask the public if robotic cars should be allowed on streets without steering wheels or brake pedals as they try to set the first legal boundaries for their design in the world’s second vehicle largest market.
Russian tycoon Oleg Deripaska sued the United States on Friday, alleging that it had overstepped its legal bounds in sanctioning his companies and made him the “latest victim” in the ongoing U.S. probe into Moscow’s alleged political interference.
Investigators in France on Friday examined the black boxes of a Boeing 737 MAX that crashed in Ethiopia as the global airline industry waited to see if the cause was similar to a disaster in Indonesia months before.
A glance at the attendee list at one of the world’s largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics.
German luxury carmaker BMW has applied for state funding of research and development in the field of battery cells, a spokesman said on Friday, adding this does not mean the company aims to produce them itself.
Trucks and excavators are going onto the site of the Ethiopian Airlines plane crash, causing concern that vital evidence may be lost or crushed, two diplomatic sources said on Friday.
U.S. stocks gained ground on Friday, boosted by shares of technology companies, as sentiment was lifted by an upbeat note on trade talks between the United States and China.
Boeing Co said on Friday its software upgrade for the grounded 737 MAX jetliner will be rolled out in the coming weeks, and that its timeline for deploying the upgrade has not changed.
A gauge of global equity markets hit a fresh five-month high on Friday on investor optimism over U.S.-Chinese trade talks and hopes a new Brexit vote next week will prove successful, but the dollar headed to its biggest weekly loss since early December.
Some lessors of India’s Jet Airways have begun terminating lease deals over unpaid dues and are preparing to move the leased planes abroad, escalating a crisis for the carrier, five sources with knowledge of the matter told Reuters.
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