General Motors cuts some 350 jobs in Thailand operations
General Motors has cut about 350 jobs from its Thai subsidiary’s operations, a labor representative said on Friday, slashing more than 15% of the workforce...
Argentine peso, bond prices fall further as S&P rating cut prompts selling
Argentina’s battered bonds were driven still lower on Friday after a credit rating cut from Standard & Poor’s triggered automatic selling mechanisms at big pension...
Stocks edge higher but yuan weakens as tariffs loom
Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks edge higher on Friday despite weakness on Wall Street, though...
FAA panel reviewing 737 MAX certification will take additional time
The Federal Aviation Administration said on Friday a blue-ribbon panel of experts around the world will need a few more weeks to finish its review...
IMF board to meet for informal session about Argentina -spokesperson
The executive board of the International Monetary Fund will meet for an “informal information session” on Friday to discuss recent events in Argentina, an IMF...
Argentine asset prices fall further as S&P rating cut prompts sales
Argentina’s battered bonds were driven still lower on Friday after a credit rating cut from Standard & Poor’s triggered automatic selling mechanisms at big pension...
Volkswagen overstated fuel economy on 98K U.S. vehicles, will reimburse consumers
Volkswagen AG must forfeit greenhouse gas emissions credits and is lowering the fuel economy ratings on 98,000 vehicles after the Environmental Protection Agency said vehicle...
Wall Street flattens out into Labor Day weekend
U.S. stocks lost steam in afternoon trading on Friday as investors moved to the sidelines ahead of a long Labor day weekend but the three...
Strong consumer spending propping up U.S. economy
U.S. consumer spending increased solidly in July as households bought a range of goods and services, which could further allay financial market fears of a...
Airbus pulls out of Canada fighter jet race, boosts Lockheed Martin’s chances
Airbus SE on Friday pulled out of a multibillion-dollar competition to supply Canada with 88 new fighter jets, a decision that boosts the chances of...