A Brazilian federal court on Thursday granted an injunction blocking the proposed tie-up between planemakers Boeing Co and Embraer SA , according to a court document seen by Reuters.
U.S. stocks fell on Thursday as the arrest of a top Chinese technology executive stirred fears of fresh tensions between the United States and China over trade, although Wall Street’s main indexes reduced steep losses from earlier in the session.
Canadian Prime Minister Justin Trudeau on Thursday said his government had no involvement in the arrest of a top executive from Chinese technology giant Huawei, who was detained at Vancouver airport.
The United States last week exported more crude oil and fuel than it imported for the first time on record, according to data released on Thursday, the same day OPEC ended a meeting without a decision to curb global output to balance out the historic surge in U.S. supply.
Boeing Co Chief Executive Officer Dennis Muilenburg said on Thursday he is hopeful that China and the U.S. are on a path to resolve their trade spat, on a day when global stocks fell on renewed fears of a trade war between the world’s two largest economies.
Chinese telecoms giant Huawei Technologies Co Ltd’s chief financial officer was arrested as part of a U.S. investigation into an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to sources familiar with the situation.
The arrest in Canada of a top Chinese technology executive for possible extradition to the United States has roiled markets and cast doubt on a recent U.S.-China trade truce.
The chief executive of the Madison Square Garden Co , owner of the New York Knicks and New York Rangers sports teams, has agreed to pay nearly $610,000 to resolve U.S. securities violations that he said stemmed from a law firm error.
The United States last week exported more crude oil and fuel than it imported for the first time on record, underscoring the nation’s growing influence as a supplier of oil to the world.
U.S. crude oil exports surged to 3.2 million barrels per day (bpd) last week, the highest on record, based on data going back to 1991, U.S. Energy Information Administration data showed on Thursday.
BlackRock Inc’s Rick Rieder is buying longer-term bonds because softening inflation could force the U.S. Federal Reserve to pause interest rate hikes, the top fixed-income investor told Reuters this week.
Deutsche Bank defended its record in fighting money laundering on Thursday after the Financial Times reported it had processed 31 billion euros ($35 billion) more in questionable funds for Danske Bank than previously thought.
A three-judge appeals court panel on Thursday questioned the U.S. Justice Department’s challenge to a lower court approval’s of AT&T Inc’s $85.4 billion acquisition of Time Warner.
U.S. regulators have charged the chairman of the Madison Square Garden Co , which owns the New York Knicks and New York Rangers sports teams, with securities violations, the Federal Trade Commission said in a statement on Thursday.
The chief marketing officer of Unilever has decided to retire next year, handing incoming CEO Alan Jope his first big hiring decision.
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