Business & Finance News
Chile’s finance minister has sought to downplay a row between the government and the construction and engineering arm of South Korean giant Hyundai over a $740 million suspension bridge, saying disputes in such mega projects were “quite common”.
Uber Technologies Inc’s co-founder and former CEO Travis Kalanick will resign from its board of directors by the end of the year, the company said on Tuesday.
U.S. President Donald Trump said on Tuesday he and Chinese President Xi Jinping will have a signing ceremony to sign the first phase of the U.S.-China trade deal agreed to this month.
Uber Technologies Inc on Tuesday said its founder and former CEO Travis Kalanick will resign from the company’s board of directors by the end of the year.
U.S. stock indexes were set to trade near record highs heading into the Christmas break on Tuesday, fueled by optimism over improving trade relations between Washington and Beijing.
Oil prices rose on Tuesday in thin pre-Christmas trading after Russia said cooperation with OPEC on supply cuts would continue and amid signs Saudi Arabia and Kuwait could take as much as a year to bring a major field back to full capacity.
Mexican businesses are concerned that a tweak to dispute resolution mechanisms under a new North American trade deal could be used to stifle exports, top industry associations say.
U.S. stock index futures hovered near record-highs on Tuesday, buoyed by optimism about the global economy in the wake of improving trade relations between Washington and Beijing.
Dubai’s Emaar Properties said on Tuesday it was considering raising capital against cash flows generated by the observation decks on its Burj Khalifa skyscraper, but was not looking at selling them.
As Boeing’s new boss tackles the immediate crisis over its grounded 737 MAX jet, he also faces pressing questions from European regulators over a deal to buy the commercial arm of Brazil’s Embraer – seen as key to its longer-term strategy.
The executive tasked with leading a recovery at Nissan Motor Co Ltd said he had decided to resign just weeks into his new job, a move that could disrupt the automaker’s push to turn the corner on scandal and slumping sales.
Oil prices rose on Tuesday in thin pre-Christmas trading after Russia’s energy minister said cooperation with OPEC to support the market would continue and as analysts forecast a second weekly decline in U.S. crude inventories.
World stocks flatlined near record highs on Tuesday and remained on track for their best year in a decade, as China’s latest policy easing pledges added to the optimism generated by signs of detente in the 17-month long Sino-U.S. trade war.
The U.S. Financial Industry Regulatory Authority (FINRA) and major exchanges have fined Credit Suisse’s U.S.-based securities business $6.5 million for supervisory failings, FINRA said late on Monday.
Beleaguered Boeing Co is putting its future in the hands of an industrial veteran who has led several companies in crisis, began his career at engine maker General Electric Co and has already spent a decade on the board of the world’s largest planemaker.
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