Business & Finance News
Richemont said on Friday that it was teaming up with former Lanvin designer Alber Elbaz for a new venture at a time when luxury goods groups are vying to make star hires.
Qatari investors in Deutsche Bank want the lender’s chairman to leave after he botched an attempt to appoint their envoy to the board, people familiar with the matter said.
Oil prices were steady on Friday but were on track for the strongest weekly gains in more than a month as support from falling U.S. crude inventories, optimism over a U.S.-China trade deal and possible action from OPEC and its allies to extend output cuts outweighed broader economic concerns.
U.S. and Chinese trade officials are “close to finalizing” some parts of an agreement after high-level telephone discussions on Friday, the U.S. Trade Representative’s office said, adding that deputy-level talks would proceed “continuously.”
A strike by General Motors will likely slash at least 46,000 jobs from October’s nonfarm payrolls, a Labor Department report showed on Friday.
The S&P 500 on Friday rose above its record closing high after a report that the United States and China were close to finalizing parts of a trade pact.
The United States and China are close to finalizing some sections of a trade agreement after a phone call between top negotiators, the U.S. Trade Representative’s office said on Friday.
Verizon Communications Inc beat Wall Street estimates for third-quarter profit and revenue on Friday, as the largest U.S. wireless carrier cut prices of its unlimited plans to pull in more subscribers who pay monthly bills.
Boeing engineers and test pilots considered before two fatal 737 MAX crashes whether an anti-stall system should be redesigned after discussing how flawed data from a single sensor could trigger it repeatedly, U.S. investigators have found.
Four major U.S. retailers, including Walmart and Target Corp, are removing all 22-ounce bottles of Johnson & Johnson’s baby powder from their stores, following the healthcare conglomerate’s recall last week of some bottles due to possible asbestos contamination.
The United States and China are closing to finalizing some sections of a trade agreement after a phone call between top negotiators, CNBC reported on Friday, citing a statement from the Office of the U.S. Trade Representative.
A strike by General Motors will likely cut at least 46,000 jobs from October’s nonfarm payrolls, a Labor Department report showed on Friday.
The S&P 500 inched closer to a record high on Friday after a CNBC report that the United States and China were close to finalizing some sections of a trade agreement after a phone call between top negotiators.
Low-cost airline easyJet has added baggage services to its flight-connections partnership with two budget long-haul carriers flying from Paris, in a move that challenges Air France on transatlantic and Caribbean leisure routes.
Vale SA’s chief executive officer said on Friday that a resumption in paying dividends or share buybacks would depend on progress in repairing the damage from its Brumadinho tailings dam collapse, which killed more than 250 people.
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