GM and UAW union making progress in talks for new labor deal: sources
General Motors Co and the union that represents its 48,000 striking hourly workers in the United States have made progress in talks toward a new...
Mexican president urges U.S. trade deal ratification as politics cloud outlook
Mexico’s President Andres Manuel Lopez Obrador said on Wednesday that he does not want the ratification of the new U.S.-Mexico-Canada (USMCA) trade agreement left until...
Thyssenkrupp faces more turmoil as CEO Kerkhoff set to leave
Thyssenkrupp said it was preparing to replace Chief Executive Guido Kerkhoff, making him the latest casualty at the German steel-to-submarines conglomerate which has been in...
Israel Aerospace eyes U.S. government contracts, acquisitions
Israel Aerospace Industries (IAI) [ISRAI.UL] said on Wednesday its U.S. unit opened a new government relations office in Washington DC as part of its strategy...
U.S. slaps news sanctions on Chinese entities over Iran oil
The United States is imposing new sanctions on certain Chinese entities and people who it accuses of knowingly transferring oil from Iran in violation of...
German authorities raid Deutsche Bank in relation to Danske scandal
German authorities have raided Deutsche Bank’s Frankfurt headquarters and are searching for information related to Danske Bank and a money laundering scandal, Frankfurt prosecutors said...
Ford self-driving cars to launch in Austin in 2021
Ford Motor Co said on Wednesday it will add Austin, Texas, to the short list of cities where it plans to launch a commercial transportation...
Abu Dhabi’s Etihad delays entry into service of Airbus A350-1000 jets
Abu Dhabi’s Etihad Airways is delaying the entry into service of five Airbus A350-1000 jets as it strives to return to profitability after three consecutive...
Evans says two rate cuts have Fed ‘well-positioned’ at this point
Chicago Federal Reserve president Charles Evans said on Wednesday he backed the Fed’s two recent rate cuts but feels the central bank is now “well-positioned”...
Wall Street opens flat as Trump impeachment threat weighs
U.S. stocks opened largely flat on Wednesday as a move to launch an impeachment inquiry into President Donald Trump unnerved investors, but losses were limited...