Investors in collapsed Woodford fund to get half their cash in January
Hundreds of thousands of investors trapped in the former flagship fund of veteran money manager Neil Woodford should get just over half their money back in January, but may have to wait some time to recover more from the collapsed business.
Ford recalls 547,538 Super Duty pickup trucks on post-crash fire risk
Ford Motor Co said on Friday it would recall 547,538 of its Ford Super Duty pickup trucks across the United States, Canada and Mexico, citing the risk of a post-crash interior fire.
Wall St. set to open higher on trade deal hopes; tariff deadline closes in
Wall Street was set to open higher on Friday on hopes that the United States and China would reach an initial deal to end their trade war after Washington set its terms for an agreement, just days before fresh levies on Chinese goods kick in.
Trump: Wall Street Journal story on China trade deal ‘completely wrong’
President Donald Trump on Friday said a Wall Street Journal story on a U.S. trade deal with China is completely wrong.
Mothercare rescues UK presence with Boots supply deal
Mothercare Plc said on Friday it had agreed to supply baby care and other products exclusively to Boots UK stores, keeping its goods on British shelves after the collapse of its retail network in its home market.
U.S. chipmaker Nvidia offers no concessions to EU to ease through $6.8 billion Mellanox deal
U.S. chipmaker Nvidia has not offered any concessions to EU antitrust regulators examining its $6.8 billion bid for Mellanox Technologies , the European Commission website showed on Friday.
China to brief media on U.S. trade talks shortly
China will give a news briefing at 1030 pm local time (1430 GMT) on the state of trade discussions with the United States, the State Council Information Office said on Friday.
Daimler upbeat on sales prospects in China: executive
Daimler is very positive about the prospects for selling luxury cars in China next year, the company’s China boss Hubertus Troska said on Friday.
U.S. import prices rebound; underlying trend remains weak
U.S. import prices rebounded modestly in November and the underlying trend remained soft, consistent with subdued imported inflation pressures.
U.S. retail sales rise less than expected in November
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending, which could see economists dialing back economic growth forecasts for the fourth quarter.