Business & Finance News
Volkswagen AG will end almost of all its operations in Iran, Bloomberg reported on Wednesday, citing a U.S. official who led the discussions with the carmaker.
Volkswagen AG will end almost of all its operations in Iran, Bloomberg reported on Wednesday, citing a U.S. official who led the discussions with the carmaker.
Asian stocks rose in early trade on Thursday following a second day of gains on global share markets amid easing investor concern over the impact from the U.S.-China trade war, but markets remained cautious.
The U.S. economy will expand at a robust pace in coming quarters but slow to 2 percent by the end of 2019, according to forecasters polled by Reuters who unanimously said the escalating trade war with China was bad economic policy.
U.S. President Donald Trump intends to nominate former Federal Reserve economist Nellie Liang to the U.S. central bank’s board of governors, the White House said on Wednesday.
Canadian Prime Minister Justin Trudeau said on Wednesday he wanted to see flexibility from the United States if the two sides are to reach a deal on renewing NAFTA, which Washington insists must be finished by the end of the month.
British American Tobacco Plc said on Wednesday its board has identified a lead candidate to succeed Chief Executive Nicandro Durante, who has said he intends to retire on April 1, 2019, after nearly 37 years with the company.
U.S. President Donald Trump on Wednesday nominated former Federal Reserve economist Nellie Liang to the U.S. central bank’s board of governors, two White House officials said.
Goldman Sachs Group Inc named Dan Dees as investment-banking co-chief on Wednesday, according to an internal memo, the latest change in leadership at the Wall Street bank’s business units before David Solomon becomes chief executive officer next month.
A federal judge in New York on Wednesday dismissed a criminal case brought against General Motors Co in 2015 over the largest U.S. automaker’s handling of an ignition-switch defect linked to 124 deaths.
The S&P 500 and the Dow Jones industrial average rose on Wednesday, with the Dow hitting its highest closing level since late January as rising Treasury yields boosted the financial sector and trade worries subsided.
The S&P 500 and the Dow Jones Industrial Average rose on Wednesday, with the Dow hitting its highest closing level since late January, as rising Treasury yields boosted financial stocks and trade worries subsided.
The chief executive of British American Tobacco Nicandro Durante is preparing to step down in the wake of a sector-wide share price decline prompted by investor concerns over slowing sales growth, Sky News reported on Wednesday.
Amazon.com Inc is considering a plan to open as many as 3,000 new Amazon Go cashierless stores in the next few years, Bloomberg reported https://www.bloomberg.com/news/articles/2018-09-19/amazon-is-said-to-plan-up-to-3-000-cashierless-stores-by-2021 on Wednesday, citing people familiar with the matter.
Canadian Prime Minister Justin Trudeau said on Wednesday he wanted to see flexibility from the United States if the two sides are to reach a deal on renewing NAFTA, which Washington insists must be finished by the end of the month.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
