Business & Finance News
At least three investors left separate groups interested in acquiring a gas network pipeline that will be sold by Brazil’s state-controlled oil company Petroleo Brasileiro SA, three sources with knowledge of the matter said.
U.S. stocks rallied on Monday, starting off the second quarter on a strong note, as upbeat manufacturing numbers from China and the United States eased worries about slowing global growth.
The U.S. Federal Aviation Administration (FAA) said on Monday it expects to receive Boeing Co’s proposed software enhancement package for the grounded 737 MAX “over the coming weeks” after the company had previously said it planned to submit the fix for government approval by last week.
Global stocks rallied on Monday, kicking off the second quarter on a strong note, as investors cheered upbeat factory activity data in China and the United States and signs of progress on the U.S.-China trade front.
U.S. stocks rallied on Monday, starting off the second quarter on a strong note, as upbeat manufacturing numbers from the United States and China eased worries about slowing global growth.
Tesla Inc will pay a $31,000 penalty and purchase $55,000 in emergency response equipment for a California city under a settlement reached with the Environmental Protection Agency over federal hazardous waste violations at its automotive factory, the government said Monday.
Shares of Lyft Inc crashed through the ride-hailing company’s initial public offering price on just their second day of trading, tumbling as much as 10.5 percent and matching the speed at which Facebook Inc gave up its IPO price following its botched offering nearly seven years ago.
Travis Kalanick, the co-founder of ride-hailing company Uber, and the company’s directors won the dismissal of an investor lawsuit that sought to hold them liable for a fight over trade secrets that slowed Uber’s push into autonomous vehicles.
U.S. stocks rallied on Monday, starting off the new quarter on a strong note, as upbeat manufacturing numbers from the United States and China eased worries about slowing global growth.
The top U.S. auto safety regulator said on Monday it will open an investigation into 3 million Hyundai Motor Co and Kia Motors Corp vehicles after reviewing reports of more than 3,000 fires that injured over 100 people.
Global stocks rallied on Monday, building on their best quarterly performance since 2010, as investors cheered upbeat factory activity data in China and the United States and signs of progress on the U.S.-China trade front.
Renault has alerted French prosecutors to payments made to a Renault-Nissan business partner in Oman under former Chief Executive Carlos Ghosn, two sources told Reuters.
U.S. retail sales unexpectedly fell in February, but a rebound in factory activity in March and strong increase in construction spending offered hope the economy was not slowing as sharply as previously feared.
Oil climbed about 2 percent to new 2019 highs on Monday, with Brent crude touching $69 a barrel, after positive signs for the global economy and tighter supplies drove both benchmarks’ largest first-quarter gains in nearly a decade.
U.S. retail sales unexpectedly fell in February, the latest sign economic growth has shifted into low gear as stimulus from $1.5 trillion in tax cuts and increased government spending fades.
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