Federal Reserve Chairman Jerome Powell said on Tuesday he sees the United States on track for years more of steady growth, but was challenged in a congressional hearing by senators worried the Trump administration’s trade policies were already damaging businesses in their districts.
Belgium is being offered a possible role in future European combat jet developments if it picks the Eurofighter Typhoon over the U.S.-built F-35, in a fierce contest to rearm the country’s air force, a senior official with Britain’s BAE Systems said.
Obama was cheered by thousands in Johannesburg’s Wanderers Stadium as he marked the centenary of Nelson Mandela’s birth by urging respect for human rights, the free press and other values he said were under threat. “Those in power seek to undermine every institution … that gives democracy meaning,” he said. …read more […]
Goldman Sachs Group Inc was pressed for details on new businesses after an uneven second-quarter performance, a likely preview of challenges incoming Chief Executive David Solomon will face as he leads the Wall Street bank’s overhaul.
Ryanair plans to cancel only 1 percent of its flights during a strike by Ireland-based pilots on Friday, but Europe’s largest low-cost airline is bracing for far wider industrial action across five countries next week.
British Prime Minister Theresa May narrowly avoided a defeat in parliament at the hands of pro-EU lawmakers from her own party on Tuesday, fending off a rebellion that threatened to worsen a crisis over her Brexit strategy.
Prime Minister Theresa May suffered an embarrassing defeat on a trade law that means ministers must now seek to secure an agreement that allows Britain to have continued participation in the European medicines regulatory framework.
British Prime Minister Theresa May narrowly avoided a defeat in parliament at the hands of pro-EU lawmakers from her own party on Tuesday, fending off a rebellion that threatened to worsen a crisis over her Brexit strategy.
U.S. stock indexes rose on Tuesday after Federal Reserve Chairman Jerome Powell gave a robust view of the U.S. economy and strong earnings from healthcare giant Johnson & Johnson reinforced expectations of a solid earnings season.
Facebook Inc , Alphabet Inc and Twitter Inc told a U.S. House panel on Tuesday that the social media companies are not discriminating against content for political reasons.
European Commission President Jean-Claude Juncker will visit U.S. President Donald Trump in Washington on July 25 to discuss strained trade ties.
Ma Bell has had a tough 2018 so far, and it looks like there’s more uncertainty ahead. …read more […]
Britain’s government cannot accept a plan put forward by pro-European Union rebels in parliament that could see Britain stay in the bloc’s customs union, junior trade minister George Hollingbery told parliament on Tuesday.
BAE System’s CEO said international partners would be brought in to help to develop Britain’s proposed new fighter jet in 2019, also signaling that teaming up with a rival Franco-German project in future was possible.
UnitedHealth Group easily topped profit expectations during the second-quarter and hiked its outlook for the third time this year, but company shares were punished Tuesday for a performance that even company executives believe falls short of the health insurer’s full potential. …read more […]
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