New Boeing chief executive takes over with 737 MAX crisis unresolved
Boeing Co’s new Chief Executive David Calhoun assumes the job Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX...
Oil steady as fears over U.S.-Iran conflict ease, focus turns to trade deal
Oil prices held steady on Monday as fears of conflict between the United States and Iran eased, with investors shifting their focus to this week’s...
Walmart sacks 56 executives in India as part of restructuring
Walmart Inc, the world’s largest retailer, has fired 56 of its executives in India as it restructures in the country....
The real price of Occidental’s ‘costless’ oil hedge
In just 12 days, Occidental Petroleum Corp pulled off one of the biggest hedges against falling oil prices ever placed by a U.S. energy company....
Asian shares at 19-month highs ahead of U.S.-China deal
Asian shares shook off a quiet start to reach new 19-month highs on Monday ahead of the expected signing of a Phase 1 China-U.S. trade...
As businesses hold back, U.S. consumers seen boosting big banks’ profits
Consumer lending is expected to propel profits for big U.S. banks when they unveil fourth-quarter results this week, though stress in corporate lending and uneven...
Ford’s China vehicle sales drop 26% in third straight year of decline
Ford Motor Co’s China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest...
China’s BYD names former GM president Kevin Wale as senior adviser
China’s BYD Co Ltd said on Monday it has appointed Kevin Wale, former General Motors (GM) China President, as a senior adviser to the electric...
Oil steady on easing U.S.-Iran tensions, eyes on China trade deal
Oil prices held steady on Monday as fears of conflict between the United States and Iran eased, with investors shifting their focus to this week’s...
Walmart sacks around 50 executives in India restructuring: sources
Walmart Inc , the world’s largest retailer, has fired around 50 of its India executives as part of its restructuring in the country, three sources...