Fed’s Powell: Outlook ‘favorable,’ steps to address money market volatility coming ‘soon’
Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts amid global economic risks, and said the time to allow the Fed’s...
Netflix to make movies in Italy with Berlusconi’s Mediaset
U.S. streaming service Netflix has struck a deal with Italy’s top commercial broadcaster Mediaset to produce films in the country, the two companies said on...
Boeing 737 MAX timetable uncertain as regulators continue safety review
U.S. and European Union regulators said on Tuesday they were still reviewing Boeing Co’s changes to 737 MAX software after two fatal crashes, throwing into...
Weak U.S. producer inflation bolsters case for Fed rate cut
U.S. producer prices unexpectedly fell in September, leading to the smallest annual increase in nearly three years, likely giving the Federal Reserve further room to...
Venezuela designers turn to piracy after Adobe announces it will cut service
Venezuelans on Tuesday desperately explored piracy workarounds to continue using Adobe programs after the software developer said it will cut access to its products for...
GM strike impacts 150,000 auto industry workers: consulting firm
The prolonged strike at General Motors Co is estimated to have hit 150,000 workers in the auto industry, a report from research and consulting firm...
Europe says assessing 737 MAX software, downplays talk of split
The European Union Aviation Safety Agency (EASA) said on Tuesday it was still assessing proposed changes to Boeing software for the grounded 737 MAX and...
Vodafone to close more than 1,000 European stores
Vodafone will shut 15% of its 7,700 stores in Europe and upgrade some of the remaining outlets as customers buy more online and change their...
Rising U.S.-China tensions dim hopes for end to trade war
Beijing sharply rebuked Washington on Tuesday for adding some top Chinese artificial intelligence startups to its trade blacklist, dimming hopes for progress in high-level talks...
Oil eases on concerns over U.S.-China talks, weak demand signals
Oil prices slid about 1% on Tuesday as Washington’s blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, although...