Exclusive: South Africa seeks to unlock stalled arms sales to Saudi, UAE
South Africa aims to free up over a billion dollars in stalled weapons sales, including to Saudi Arabia and United Arab Emirates, by amending a...
Volkswagen says restart of some China plants postponed until February 17
Volkswagen has postponed restarting production at most China plants in its joint venture with SAIC Motor and the Tianjin plant in its JV with FAW...
Credit Suisse chairman expects to see out term after spy scandal
Credit Suisse Chairman Urs Rohner does not expect to be voted out of office before his term ends after this week’s departure of Chief Executive...
Shanghai government to help Tesla resume production amid coronavirus epidemic
U.S. electric carmaker Tesla’s factory in China’s financial hub of Shanghai will resume production on Feb. 10 with assistance to help it cope with a...
Tesla Shanghai factory to resume production on Feb 10, authorities to assist: government official
U.S. electric carmaker Tesla’s factory in China’s financial hub of Shanghai will resume production on Feb. 10, a Shanghai government official said on Saturday, adding...
Treasury’s Mnuchin sees U.S. GDP growth less than 3% in 2020
Treasury Secretary Steven Mnuchin said on Friday he expects 2020 U.S. GDP growth to be less than 3%, partly due to problems at Boeing Co...
Lockheed Martin drops out of Singapore Airshow over coronavirus concerns
U.S. weapons maker Lockheed Martin Corp said on Friday it will not participate in next week’s Singapore Airshow over coronavirus concerns....
Mild weather boosts U.S. job growth; jobless rate ticks up
U.S. job growth accelerated in January, with unseasonably mild temperatures boosting hiring in weather-sensitive sectors, indicating the economy will probably continue to grow moderately despite...
White House dismisses idea of U.S. buying Nokia, Ericsson to challenge Huawei
U.S. Vice President Mike Pence on Friday and the top White House economic adviser dismissed an unusual suggestion from U.S. Attorney General William Barr that...
Indexes drop from record highs, but tally strong weekly gains
Wall Street fell from record levels on Friday after a four-day rally as investors digested the monthly U.S. jobs report and braced for the next...