McLaren looks to Asia and hybrid cars to stay on track
British exotic sports car maker McLaren Automotive will bank on expanded sales in Asia and a new generation of hybrid cars as it steers toward...
Safran CEO cautious on supply chain once Boeing grounding lifted
The head of French jet engine maker Safran has voiced caution over the ability of aerospace supply chains to ramp up quickly after the return...
Barry Callebaut cites progress in helping cocoa farmers tackle child labour
Swiss cocoa products maker Barry Callebaut said on Tuesday that 26% of the farmer groups from which it sourced products in 2018/2019 had programmes to...
OPEC, Russia debate deeper oil cuts as new glut looms
Russia expects a constructive meeting with OPEC producers this week, its energy minister said on Tuesday, as OPEC leader Saudi Arabia presses members and allies...
PG&E says its distribution lines caused no deadly fires in 2019
California utility PG&E Corp has determined there were no lives or structures lost in 2019 wildfires that may have been caused by its distribution lines,...
Wall Street sinks as Trump hints at delay in trade deal with China
Wall Street fell more than 1% and the benchmark S&P 500 hit a near one-month low on Tuesday, as comments from President Donald Trump and...
WTO tussles over hard stop vs phase-out of appeals system
The World Trade Organization (WTO) battled on Tuesday over whether to bring its Appellate Body to an abrupt halt or allow its adjudicators to settle...
Volkswagen headquarters raided again over diesel scandal
German public prosecutors raided the Wolfsburg headquarters of Volkswagen on Tuesday in the latest investigation into the carmaker’s diesel emissions scandal....
Federal Reserve terminates 2015 forex enforcement action against Bank of America
The U.S. Federal Reserve announced Wednesday it had terminated a 2015 enforcement action against Bank of America over its shortcomings in preventing traders from manipulating...
Wall St. sinks as Trump hints at delay in trade deal with China
Wall Street fell more than 1% and the benchmark S&P 500 hit a near one-month low on Tuesday, as comments from President Donald Trump and...