Business & Finance News
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.
U.S. automaker Ford is aiming to cut 5,000 jobs in Germany as it seeks to return to profit in Europe, a spokesman said on Friday.
The U.S. National Highway Traffic Safety Administration said Friday it was seeking public comment on General Motors’ 15-month-old petition seeking approval to deploy a limited number vehicles on U.S. roads without steering wheels or other human controls.
Marriott International Inc said on Friday it was evaluating activist investor Jonathan Litt’s nomination for a seat on the hotel chain’s board.
A Swiss court will decide within weeks whether UBS must hand over historical client data to French tax authorities, a ruling that could open the door to fresh financial claims against Switzerland’s banks.
U.S. job openings in January increased in January, led by vacancies at wholesalers, real estate and information sectors, suggesting that a near-stall in hiring in February was probably in part because of a shortage of qualified workers.
Austrian real estate company Signa Holding and New York-based real estate developer RFR Holding LLC have acquired Manhattan’s iconic Chrysler Building, Signa said https://bit.ly/2F2xeJG on Friday.
Russia’s national flag carrier Aeroflot will cancel its order of 20 Boeing 737 Max planes unless Boeing is able to guarantee the plane’s safety after Sunday’s deadly crash in Ethiopia by November, Aeroflot CEO Vitaly Savelyev said on Friday.
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
U.S. stocks rose 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.
U.S. manufacturing output fell for a second straight month in February and factory activity in New York state was weaker than expected this month, offering further evidence of a sharp slowdown in economic growth early in the first quarter.
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