Global automaker supplies threatened by China coronavirus crisis
The threat from the coronavirus crisis closed in on the global auto industry on Thursday, as Fiat Chrysler Automobiles NV warned that a European plant...
Wall St. reaches new highs as China moves to limit coronavirus impact
U.S. stocks gained for a fourth straight session on Thursday and Wall Street’s main indexes hit record highs as concerns eased over the economic fallout...
Musk’s SpaceX plans IPO for Starlink business
Elon Musk’s SpaceX plans to list its space internet venture, Starlink, but not for several years, a company official told Reuters on Thursday....
Airbus posts strong January orders, delivers 31 jets
Airbus posted its biggest January order haul in at least 15 years on Thursday as it booked a major leasing order that has been in...
BlackRock looks for middle ground on shareholder resolution reforms
BlackRock Inc has cited both the value and costs of shareholder proposals in a long-awaited letter to regulators weighing reforms to the proxy process, effectively...
Toyota plans to make 100,000 pickups a year at new Mexican plant
Toyota Motor Corp will ramp up production at its new Mexican plant to 100,000 vehicles a year by 2021, marking a major step to shift...
New 737 MAX software flaw found during tests; Boeing sticks to return timeline
Flight testers discovered another flaw in the software of Boeing Co’s grounded 737 MAX, the plane that suffered two fatal crashes, though the company and...
China to halve tariffs on some U.S. imports as coronavirus risks grow
China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that...
Kuwait seeks information on alleged Airbus bribery case: KUNA
Kuwait’s anti-corruption authority (NAZAHA) said on Thursday it was open to receiving any information about alleged bribes paid to secure Airbus plane orders involving Kuwaiti...
Wall Street scales new highs as China moves to limit coronavirus impact
U.S. stocks advanced for the fourth straight session on Thursday with the S&P 500 and Dow Industrials hitting record highs on China’s efforts to contain...