Boeing 737 MAX charges to top $18 billion
Boeing Co said on Wednesday it expects more than $18 billion in costs related to the grounding of its 737 MAX jets, and indicated it...
McDonald’s quarterly sales growth, profit beat Wall Street estimates
McDonald’s Corp on Wednesday reported quarterly comparable sales growth and profit above market expectations, as the world’s largest burger chain benefited from its revamped stores,...
GE beats profit, cash flow estimates on strong aviation business
General Electric Co on Wednesday reported quarterly profit and cash flow that exceeded analysts’ estimates, boosted by its aviation unit, but it set a low...
GE profit rises 30% on aviation boost
General Electric Co on Wednesday reported a 30% jump in quarterly profit, boosted by its aviation business, but forecast 2020 profit below estimates....
Dow profit beats on Asia demand and cost cuts, sees recovery in 2020
Chemicals maker Dow Inc reported better-than-expected quarterly profit and revenue on Wednesday, helped by higher volumes in Asia as well as cost cuts, and pointed...
Dow operating profit drops on lower prices, sees recovery in 2020
Dow Inc reported a 27% fall in fourth-quarter operating profit on Wednesday as lower prices squeezed margins, but the chemicals maker pointed to a recovery...
Germany has proof that Huawei worked with Chinese intelligence: Handelsblatt
The German government is in possession of evidence that Huawei, the leading maker of telecoms network equipment, has collaborated with Chinese intelligence, the Handelsblatt daily...
World may have hit peak car output, says auto-parts supplier Bosch
Global automotive production may have peaked, auto supplier Robert Bosch said on Wednesday, announcing job cuts and a review of its business to cope with...
Buoyed by company earnings, world markets look past virus death toll
Global markets showed further signs of stabilization on Wednesday as investors looked past a rising death toll from China’s coronavirus outbreak to tiptoe back into...
Bosch CEO warns coronavirus could hit global auto supply chains
The chief executive of Robert Bosch, the world’s biggest auto components supplier, warned that coronavirus could impact its global supply chain, which is heavily dependent...