Futures gain as China fuels trade deal optimism
U.S. stock index futures pointed to another session of gains on Monday, as a report out of China added to optimism over a trade deal and the country’s central bank indicated willingness to step in to prop up a slowing economy.
Emirates chairman warns of ‘tough’ second half
Dubai state-owned airline Emirates chairman Sheikh Ahmed bin Saeed al-Maktoum said on Monday the airline will face a tough second half of the company’s financial year.
Emirates announces $16 billion order for 50 Airbus A350 planes
Dubai state-owned airline Emirates said on Monday it had placed a firm order for 50 Airbus A350 jets worth $16 billion at list prices.
VW CEO says new ID.3 car 40% cheaper to build than electric Golf
Volkswagen’s new ID.3 electric vehicle will be 40% cheaper to build than the electric version of its Golf model, Chief Executive Herbert Diess told investors on Monday.
Parts with passports: how free trade drives GM’s engines
Long before the pistons for General Motors Co V-6 engines reach the U.S. No. 1 automaker’s Romulus, Michigan plant, they are seasoned international travelers.
Amazon trims Fresh grocery delivery charges in Germany
(This Nov. 4 corrects to clarify reduction applies to Amazon Fresh service only, in headline and paragraphs 1,3,5)
ByteDance CEO urges TikTok diversification as U.S. pressure mounts: internal note
The founder and CEO of TikTok owner ByteDance will focus on adding users of the popular video app in countries outside of its strongest markets, according to an internal staff note seen by Reuters, as it faces political pressure in the United States.
Replacing Pratt engines in IndiGo fleet by end of January a challenge: CEO
Replacing all Pratt & Whitney engines on IndiGo’s fleet of almost 100 Airbus planes by Jan. 31, as ordered by India’s aviation watchdog, will be challenging but the airline aims to complete the work, its chief executive officer said on Monday.
Volkswagen cuts medium-term outlook for operating profit, sales
German carmaker Volkswagen on Monday cut its medium-term outlook for operating profit as the industry is being hit by a global downturn.
Emirates says it ordered 50 Airbus A350 in a deal worth $16 billion
Emirates said on Monday it had placed a firm order for 50 Airbus A350 jets worth $16 billion at list prices.
