Fiat Chrysler to list robot-making business after PSA merger
Fiat Chrysler (FCA) said it planned to list robot making business, giving more detail on Monday about the future of Turin-based Comau, which it already...
Wall St. rises as recovery hopes offset U.S. protests, China tensions
U.S. stocks edged higher on Monday on prospects of a post-pandemic economic recovery, but the sentiment remained fragile amid protests across the country over race...
Embraer says China, India are potential partners after failed Boeing deal
Brazil’s Embraer SA said on Monday that China and India could be potential new partners, following a Reuters report last week that said those two...
Pfizer declines about 8% after setback to breast cancer treatment
Shares of Pfizer Inc fell nearly 8% on Monday after an independent data monitoring committee determined the drugmaker’s breast cancer treatment was unlikely to meet...
World equities edge higher despite U.S.-China tensions
World stocks hovered near three-month highs and safe-haven government bonds inched lower as signs that Europe’s economic downturn has bottomed boosted risk appetite, despite worries...
Nasdaq keeps Philadelphia trading floor closed due to protests
Nasdaq Inc said it postponed Monday’s planned reopening of its PHLX options trading floor in Philadelphia, which had been closed because of the coronavirus pandemic,...
U.S. manufacturing activity pulls off 11-year low: ISM
U.S. manufacturing activity eased off an 11-year low in May, the strongest sign yet that the worst of the economic downturn was behind as businesses...
U.S. Supreme Court rebuffs investors’ bid to block Madoff trustee lawsuits
The U.S. Supreme Court on Monday refused to hear a bid by major banks and companies including Koch Industries Inc to prevent a trustee chasing...
Oil falls as U.S.-China tension escalates
Oil fell on Monday on worries about renewed tensions between the United States and China, although reports that OPEC and Russia were closer to a...
Embraer open to new partnerships after Boeing deal collapses
Brazilian planemaker Embraer SA said on Monday that it expects to sign new strategic partnerships in the future, after Boeing Co abruptly canceled a deal...