FCA sticks to investment plan for Italy, no redundancies: unions
Fiat Chrysler will stick to its 5 billion euro ($5.5 billion) 2020 investment plan for Italy, union officials said on Friday, adding that the group...
Wall Street rides trade optimism to record highs
U.S. stocks inched to fresh record highs on Friday, as investors remained optimistic about improving trade relations between Washington and Beijing in the run-up to...
U.S. economy grows steadily in third quarter; consumer spending solid in November
U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the...
Spirit AeroSystems to freeze parts production for 737 MAX as Boeing woes spread
Boeing’s top supplier Spirit AeroSystems Inc said on Friday it would stop making fuselages for the grounded 737 MAX jets, the first major indication of...
Wall Street analysts bullish over Nike’s digital growth, look past margin weakness
Wall Street analysts were upbeat about Nike Inc’s long-term growth, encouraged by the sportswear maker’s robust online sales and strength in China that helped overcome...
Boeing supplier Spirit AeroSystems to suspend production of 737 MAX parts
Boeing’s top supplier Spirit Aerosystems Inc said on Friday it would stop making fuselages for the grounded 737 MAX jets, the first major indication of...
Take Five: Ding dong markets merrily on high
As end-December approaches, money market players’ thoughts may be turning to a September scare, when rates in the $2.2 trillion U.S. repurchase or repo market...
Veteran watchdog Bailey to guide Bank of England through Brexit
Britain’s new government named Andrew Bailey as the Bank of England’s next boss on Friday, entrusting a veteran regulator and technocrat with steering the economy...
Shell writes down up to $2.3 billion on weaker economic outlook
Royal Dutch Shell said on Friday it expects to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced...
Ruling on Ryanair bid to delay COO’s easyJet move set for December 23
The Irish High Court will rule on Monday Dec. 23 on whether Ryanair can prevent its operations chief Peter Bellew from joining arch-rival easyJet until...