Business & Finance News
U.S. stocks rose on Tuesday and the Dow posted its fourth consecutive session of gains, as Federal Reserve Chairman Jerome Powell expressed an optimistic U.S. economic view and solid earnings bolstered the outlook for a robust reporting period.
Prime Minister Theresa May could be forced to call another election in months if the “fanatical” pro-Brexit wing of her party do not compromise over how Britain leaves the EU, former prime minister John Major warned on Tuesday.
U.S. regional airline Republic Airways signed a letter of intent to buy 100 E175 passenger jets made by Brazil’s Embraer SA , the two companies said at the Farnborough Airshow on Tuesday.
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 had threatened to deepen a crisis over her Brexit strategy.
Boeing will press for deeper price cuts from some suppliers once it completes its planned acquisition of the regional jet business of Brazil’s Embraer , Chief Executive Dennis Muilenburg told Reuters on Tuesday.
Wall Street pushed higher on Tuesday as investors looked to Federal Reserve Chairman Jerome Powell’s optimistic view of the U.S. economy and as solid earnings supported expectations of a strong second-quarter reporting season.
Prime Minister Theresa May won approval from the lower of house of parliament on Tuesday for a law needed to let Britain pursue an independent trade policy once it leaves the European Union.
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.
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.
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