Business & Finance News
The 2010s saw the U.S. economy achieve its longest-ever expansion, with notable milestones such as 110 months of uninterrupted job gains and an unemployment rate near a half-century low becoming easy bragging points for politicians and economists alike.
Turkish Airlines and Boeing have come to an agreement concerning compensation for certain losses caused by grounded and undelivered Boeing 737 Max aircraft, the Turkish airline said on Tuesday.
Oil prices held steady on the final day of the year on Tuesday, heading for their biggest annual rise since 2016, supported by a thaw in the prolonged U.S.-China trade dispute and supply cuts.
JP Morgan Chase & Co is seeking 100% ownership of its futures joint venture in China, Bloomberg reported on Monday, citing a person familiar with the matter.
Ousted Nissan boss Carlos Ghosn has confirmed he is in Lebanon saying he refused to be “held hostage” by a “rigged” Japanese justice system, raising questions about how one of the world’s most-recognized executives exited Japan months before his trial.
Former Nissan and Renault Chairman Carlos Ghosn, who was barred from leaving Japan whilst awaiting trial on charges of financial misconduct, on Tuesday said he was in Lebanon.
Ousted Nissan boss Carlos Ghosn was in Lebanon as of Monday, according to a person familiar with the matter, raising questions about how one of the world’s most recognized businessmen exited Japan months before his trial.
Ride-hailing company Uber Technologies Inc and courier services provider Postmates Inc asked a U.S. court to block a California labor law set to go into effect on Wednesday, arguing the bill violates the U.S. Constitution.
Carlos Ghosn, the ousted boss of the Renault-Nissan carmaking alliance who was grounded in Japan while awaiting trial on charges of financial misconduct, was in Lebanon as of Monday, a person close to Ghosn told Reuters.
Asian shares slipped on the last trading day of the decade, echoing falls on Wall Street, as investors locked in gains made since the United States and China reached a preliminary trade deal earlier this month.
Oil prices edged lower on the final day of the year on Tuesday, but were on track for their biggest annual rise since 2016, supported by a thaw in U.S.-China trade dispute and ongoing supply cuts.
The dollar dipped to a near three-week low against the yen in thin year-end volume on Tuesday as investors favored riskier assets, led by renewed optimism about global growth.
Carlos Ghosn, the ousted boss of the Renault-Nissan carmaking alliance who was awaiting trial in Japan on charges of financial misconduct, flew into Lebanon on Monday evening, several newspapers reported.
Huawei Technologies on Tuesday said its full-year revenue would likely jump 18% in 2019 to 850 billion yuan ($121.72 billion), lower than its earlier projections, as a U.S. trade blacklisting curbed growth and disrupted its ability to source key parts.
Ford Motor Co said on Monday reservations were full for the high-end Mustang Mach-E First Edition electric sport utility vehicle.
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