Hopes for U.S.-China trade progress push global stock index to record high
MSCI’s global stock index hit a record high on Thursday and the U.S. dollar gained along with U.S. Treasury yields after reports the United States has reached in principle a “phase one” trade deal with China.
Wall Street hits records on news of U.S.-China trade deal
Wall Street’s main indexes hit record highs on Thursday following news that the United States had reached a “deal in principle” with China to resolve a trade war that has rattled markets for nearly two years.
Facebook pledges $130 million to content oversight board, delays naming members
Facebook said on Thursday it committed an initial $130 million to fund an independent oversight board, but said it would not announce its members this year, as originally expected.
FAA chief tells Boeing CEO to focus on quality, timeliness of data submissions: email
The head of the U.S. FAA told Boeing Co’s chief executive on Thursday the U.S. planemaker should focus on the quality and timeliness of data submittals for FAA review, according to an email from an FAA official to U.S. lawmakers seen by Reuters.
American Airlines pulls 737 MAX from schedule through April 6
American Airlines Group Inc will extend cancellations of Boeing Co 737 MAX flights through April 6, it said on Thursday, a day after the U.S. Federal Aviation Administration said it would not approve the plane’s return to service before January.
U.S. regulator weighs action against Facebook over how its apps interact: report
The U.S. Federal Trade Commission is considering asking a court to stop Facebook Inc from moving ahead with plans to integrate its WhatsApp, Instagram and Messenger subsidiaries, The Wall Street Journal reported on Thursday, citing people familiar with…
Boeing drops 2019 timeline for 737 MAX return after CEO meets with FAA
Boeing Co on Thursday abandoned its goal of winning approval this month from the Federal Aviation Administration to unground the 737 MAX after Chief Executive Dennis Muilenburg met with senior U.S. aviation officials.
Oil rises 1% on optimism for a U.S.-China trade deal
Oil prices gained nearly 1% on Thursday on hopes that the United States and China were close to reaching a deal on an ongoing trade dispute that has raised concerns about global demand for crude.
U.S. reaches ‘deal in principle’ with China on trade -source
The White House has reached a “deal in principle” with Beijing to resolve the 17-month U.S.-China trade war, according to a source briefed on the trade talks.
U.S. reaches deal in principle on trade with China: source
The United States has reached a “phase-one” trade deal in principle with China, a source briefed on talks between the two nations said on Thursday, saying a statement from the White House was expected soon.