Articles by admin

U.S. manufacturing output fell for a second straight month in February, offering further evidence of a sharp slowdown in economic growth early in the first quarter.

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Ford Motor Co Chief Executive Officer Jim Hackett earned salary, bonus and stock awards of $17.1 million in 2018, up from $16.3 million the previous year, while adjusted pretax profit for the automaker dropped $2.6 billion from 2017, the company said on Friday.

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Global stocks rose on Friday after a report that U.S.-China trade talks were making progress and a vote by UK lawmakers to delay Britain’s exit from the European Union.

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Wall Street was set to open higher on Friday as investors took heart from positive signs regarding trade talks between the United States and China and after UK lawmakers voted to delay a potentially chaotic exit from the European Union.

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A host of central banks meet next week, but with a global economic slowdown underway alongside political and trade strife, they are unlikely to tinker much, if at all, with policy.

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U.S. stock index futures rose on Friday as investors welcomed positive signs regarding trade talks between the United States and China and after UK lawmakers voted to delay a potentially chaotic exit from the European Union.

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For many journalists, China’s once in a year parliamentary meeting starts with a sharp-elbowed sprint up the stairs.

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The Chinese government has additional monetary policy measures that it can take to support economic growth this year, and will even cut “its own flesh” to help finance large-scale tax cuts, Premier Li Keqiang said on Friday.

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Investigators in France on Friday examined the black boxes of a Boeing 737 MAX that crashed in Ethiopia as a spooked global airline industry waited to see if the cause was similar to a disaster in Indonesia months before.

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Corporate America’s biggest shareholders have traditionally been content with sharing their views on a company’s strategy privately with management.

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Engineers working to tackle carcinogenic pollution from cars have developed cheap and simple devices to test the effectiveness of particle filters, which could help take toxic vehicles off roads without resorting to blanket bans.

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The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, alleging a “massive fraud” on U.S. investors.

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France’s air safety agency on Friday began studying data from the black boxes of a Boeing 737 MAX plane that crashed in Ethiopia, as regulators the world over grounded the plane and the U.S. planemaker halted deliveries of its latest model.

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An Ethiopian team investigating the crash of flight ET302, which killed 157 people, has arrived in Paris, where the aircraft’s black boxes are being examined, the airline said in a tweet on Friday.

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Switzerland’s biggest bank, UBS, on Friday reported a nearly $400 million boost to its litigation provisions after a French court slapped it with a 4.5 billion euro ($5.09 billion) penalty last month.

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