Airbus extends lead over Boeing with 415 jet sales in October
Airbus had 415 airplane orders in October, including its largest ever from a single airline, extending a wide lead over Boeing, which has been hit by the grounding of its 737 MAX.
EU’s Vestager says Google’s antitrust proposal not helping shopping rivals
Alphabet unit Google’s proposal to create a level playing field for price comparison shopping rivals to stave off fresh fines has not led to more traffic for its competitors, Europe’s antitrust chief said on Thursday.
EU’s Vestager backs Twitter for banning political ads, berates Facebook
Europe’s antitrust chief praised Twitter on Thursday for banning political advertising but criticized Facebook, which will continue to run such ads, for its “de facto manipulation of who you’re going to vote for”.
Oil rises above $62/bbl on hopes for U.S.-China trade deal
Oil rose above $62 a barrel on Thursday after China hinted at progress towards a trade deal with the United States, raising hopes for an end to a long dispute that has weighed on economic growth and demand for fuel.
Exxon’s lawyer calls lawsuit a ‘cruel joke’ as climate change fraud trial ends
Lawyers for New York state and Exxon Mobil Corp delivered closing arguments in a closely watched trial accusing the oil company of hiding from investors the true cost of addressing climate change.
Factbox: Lawsuits over climate change proliferate across the United States
A trial in which Exxon Mobil Corp stands accused of defrauding investors out of up to $1.6 billion by hiding the true cost of climate change regulation is expected to wrap up this week.
T-Mobile in talks with Sprint on merger, does not rule out lower price
T-Mobile US Chief Executive John Legere on Thursday acknowledged talks are ongoing with Sprint Corp to extend their merger agreement, but he declined to rule out requesting the $26 billion price be reduced.
HSBC warned by British regulator over weak fraud and staff controls
HSBC has been told by the Bank of England to tighten up compliance controls for fraud, staff conduct and other non-financial risks, a source close to the bank said on Thursday.
Exclusive: Freddie Mac hires McKinsey to review capital as government overhaul begins
Housing finance giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a potential exit from government control, a spokesman said Thursday.
U.S., China agree to roll back tariffs in phase one trade deal: U.S. official
The United States and China have agreed to roll back tariffs as part of the first phase of a trade deal between the world’s two biggest economies, a U.S. official confirmed on Thursday.
