Nissan says European operations unsustainable with no-deal Brexit tariffs
Nissan’s European operations, which include plants in Britain and Spain, will not be sustainable if Britain’s departure from the European Union leads to 10% tariffs on vehicles, the firm’s European Chairman Gianluca de Ficchy told reporters on Thursday…
Futures edge lower ahead of top-level U.S.-China trade talks
U.S. stock index futures edged lower on Thursday, as high-level negotiators from the United States and China geared up to meet for the first time since late July as they try to hammer out a deal to end a 15-month long trade war.
Royal Air Maroc suspends deal for two more Boeing 737 MAX jets: source
Morocco’s national carrier Royal Air Maroc (RAM) has suspended a deal to purchase two more Boeing 737 MAX jets after the same model of aircraft crashed in Ethiopia, a source from the airline told Reuters on Thursday.
Oil prices steady as latest U.S.-China trade talks loom
Oil prices were steady on Thursday as the U.S.-China trade war continued to cloud prospects for the global economy and fuel demand despite a resumption in talks seeking a resolution to the 15-month conflict.
BMW bets on doubling of luxury car sales to boost margins
BMW aims to double sales of large luxury cars next year from 2018 levels to help revive profit margins hit by investments in new technologies, Chief Financial Officer Nicolas Peter said on Thursday.
With quarterly profit beat, Delta eyes accelerated hiring to meet ‘surprise’ demand rise: CEO
Delta Air Lines reported a greater-than-expected increase in quarterly profit on Thursday thanks to “surprise” demand growth, prompting the airline to accelerate its hiring of pilots, flight attendants, and airport workers, Chief Executive Ed Bastian …
WeWork India fighting for new funds after talks with local lender collapse
WeWork’s India franchise has seen talks with local lender ICICI Bank Ltd on $100 million in funding break down since The We Company’s botched stock market launch, and is in early discussions to raise $200 million from new investors, the venture’s chie…
Australian farmer launches legal action against Bayer over weedkiller: report
An Australian farmer has launched a legal case against Bayer AG’s agricultural chemicals unit Monsanto after being diagnosed with a type of leukaemia, the Australian Broadcasting Commission reported on Thursday.
JPMorgan targets Asia’s growing wealth with Singapore trust company
JPMorgan Chase & Co. has set up a trust company in Singapore, its first in Asia, to cater for a growing cadre of ultra-wealthy individuals in the region.
Oil prices dip despite latest U.S.-China trade talks
Oil prices dipped on Thursday as the U.S.-China trade war continued to cloud prospects for the global economy and fuel demand despite a resumption in talks seeking a resolution to the 15-month conflict.
