China Southern Airlines to receive $4 billion capital injection
China Southern Airlines will carry out an equity diversification plan that will involve the injection of 30 billion yuan ($4.36 billion) of capital from three...
Ford to lay off around 200 workers at Canadian plant
Ford Motor Co will lay off about approximately 200 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more...
Judge rules against hedge funds that challenged 2016 Jarden deal
A Delaware judge ruled against hedge funds on Friday that tried to get more cash out of Newell Brands Inc’s 2016 acquisition of consumer goods...
Ford to lay off 185 workers at Canadian plant: union
Ford Motor Co will lay off about 185 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs...
Trump: U.S. had ‘very good talk’ with China; in-person talks may follow
U.S. President Donald Trump said on Friday that U.S. Treasury Secretary Steve Mnuchin had a very good talk with his Chinese counterpart, amid signals from...
Global stocks down as big rate cut hopes fade, dollar rises
A gauge of global stocks declined after early gains dissipated on Friday as expectations for a strongly dovish U.S. Federal Reserve at its next meeting...
Wall Street falls as Fed signals smaller rate cut
Wall Street’s main indexes fell on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at...
American Airlines-Qantas joint venture wins final U.S. approval
The U.S. Department of Transportation (DOT) on Friday granted American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after...
Wall Street falls as expectations for hefty Fed cut trimmed
Wall Street’s main indexes edged lower on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point...
Airbus mimics nature with ‘Bird of Prey’ concept plane
Airbus on Friday unveiled a concept aircraft with splayed wingtips and a fanned tail inspired by the feathers of an eagle as it experiments with...