Wall Street rises with trade optimism, upbeat economic data
Wall Street rose on Friday with help from positive comments from Washington and Beijing about progress on efforts to reach a U.S.-China trade deal ,and from upbeat domestic economic data.
EU countries back tough line on 5G suppliers in potential blow to Huawei
EU countries on Friday endorsed a tough line for selecting 5G suppliers, including vetting the domestic legal framework to which they are subjected, potentially dealing a blow to telecoms equipment market leader Huawei Technologies.
More foreign firms halted U.S. deals amid Trump administration scrutiny: report
More overseas companies investigated by U.S. authorities for national security concerns have abandoned investments in the United States since President Donald Trump took office, a report showed on Friday, signaling headwinds for key sources of funding …
Jet industry’s grand masters fight to a draw in Dubai
After insisting for 15 years that the superjumbo is the future, Emirates airline has been forced by the demise of the A380 to embrace smaller wide-body jets, resulting in a flurry of maneuvers between planemakers at this week’s Dubai Airshow.
Argentina creditors jockey for lead ahead of $100 billion debt talks
By Karin Strohecker, Marc Jones, Rodrigo Campos and Cassandra Garrison
British Airways, pilots’ union agree preliminary pay deal to end dispute
British Airways and its pilots’ union BALPA have reached a preliminary agreement to end the pay dispute that resulted in the first walkout by pilots in the airline’s history, the union said on Friday.
Exclusive: Chevron CEO plans major cost-cutting overhaul of production teams – sources
Chevron Corp Chief Executive Michael Wirth is preparing sweeping changes at the No. 2 U.S. oil and gas company that would cut costs and streamline operations in a drive to boost profitability, according to people familiar with the matter.
Talks stall over thousands of job cuts at VW’s Audi: sources
Volkswagen’s premium unit Audi wants to cut thousands of jobs to fund a costly transition to electric vehicles, but talks with powerful labor representatives have hit a logjam, two sources familiar with the matter told Reuters.
Wall Street higher on trade optimism, upbeat economic data
Wall Street rose on Friday as upbeat domestic economic data and positive comments from Washington and Beijing calmed investor worries about a delay in a potential trade deal, which had pushed U.S. stocks off record highs earlier in the week.
British Airways, union agree pay deal to settle dispute: source
British Airways and its pilots’ union BALPA have reached an agreement to end a pay dispute that resulted in the first walkout by pilots in the airline’s history, a source familiar with the matter said on Friday.
