Aston Martin not actively pursuing new investors as opens SUV plant
Aston Martin , which was reported this week to be the target of Canadian billionaire Lawrence Stroll, said it was not actively pursuing new investors on Friday as it opened a new factory to build its first sport utility vehicle.
Bayer reaches agreement to postpone more glyphosate lawsuits for settlement talks
Germany’s Bayer has agreed with plaintiffs to postpone its next two U.S. lawsuits over the alleged cancer-causing effects of its glyphosate-based weed killers to allow more time for talks on a settlement.
Wall Street opens higher after strong jobs data, calmer tone on trade
U.S. stocks opened higher on Friday, after data showed domestic job growth increased by the most in 10 months in November, adding to an upbeat mood after President Donald Trump said the trade talks with China were “moving right along”.
Instant View: U.S. Nov payrolls up by most in 10 months
U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors’ payrolls and the healthcare industry stepped up hiring, confirming that the economy remained on a moderate expansion path despite a p…
Exclusive: China’s SenseTime expects $750 mln 2019 revenue despite U.S. ban – sources
Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million, two sources familiar with the matter said.
Trade war goes digital: countries eye tariffs on Internet economy
A 20-year global moratorium on imposing tariffs on digital trade could end next week if India or South Africa makes good on threats, according to trade officials and documents, potentially forcing people to pay duties on software and movie downloads.
What deeper OPEC+ oil output cuts mean for the market
Saudi Arabia and Russia led a deal on Friday in which OPEC and its allies committed to deeper oil output cuts in the first quarter of 2020 aiming to avert oversupply and support prices.
U.S. nonfarm payrolls increase by the most in 10 months
U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors’ payrolls and the healthcare industry boosted hiring, the strongest sign yet the economy was not in danger of stalling.
Aston Martin CEO says shareholders in it for the long-term, not soliciting participation
Aston Martin’s two major shareholders are in it for the long term and the company is not actively soliciting participation, the firm’s boss said on Friday after a media report said Lawrence Stroll, owner of Formula One team Racing Point, is preparing a…
Aston Martin opens new factory to build key first SUV
Aston Martin opened a new factory in Wales on Friday which will build the British automaker’s first sport utility vehicle, key to its hopes of a turnaround after a poor performance this year sent shares tumbling.