Wall Street set to open lower as manufacturing shock drags on
Wall Street’s main indexes were set to open lower on Wednesday, after hitting a one-month low in the previous session, as a shock contraction in manufacturing activity confirmed the domestic economy was feeling the burn from a prolonged U.S.-China trad…
Timeline: Highlights of the 15-year Airbus, Boeing trade war
The World Trade Organization is poised on Wednesday to open the door to hefty U.S. tariffs on European goods over illegal subsidies for Airbus, pushing a 15-year-old row over support for plane giants to the center of fraught global trade relations.
Explainer: The jet subsidy row that threatens transatlantic trade war
The United States will learn on Wednesday the annual value of European Union goods it is allowed to target with tariffs as part of a 15-year-old dispute at the World Trade Organization over illegal subsidies to the world’s largest planemakers.
WeWork Japan gets new CEO, days after We Company founder quits
WeWork Japan on Wednesday named a new head of local operations, just days after the co-founder of the We Company stepped down following a botched attempt to gain a stock market listing.
Softbank names Ralf Wenzel to oversee joint ventures in Latin America
Japan’s Softbank Group Corp named entrepreneur Ralf Wenzel as chief executive at its Latin American Tech Hub, with the goal of creating joint ventures among Softbank-backed companies in an effort to expand in the region.
WTO to back U.S. tariffs over Airbus subsidies
The World Trade Organization is poised on Wednesday to open the door to hefty U.S. tariffs on European goods over illegal subsidies for Airbus, pushing a 15-year-old row over support for plane giants to the center of fraught global trade relations.
Volkswagen registers unit in Turkey ahead of production decision
Volkswagen has established a subsidiary in Turkey’s western Manisa province, the country’s Trade Registry Gazette showed on Wednesday, as the company nears a final decision on the location for its new production plant.
WeWork Japan replaces CEO days after WeWork founder resignation
WeWork Japan on Wednesday named a new head of local operations, just days after WeWork co-founder Adam Neumann stepped down as CEO of parent The We Company following a botched IPO attempt.
Oil prices mixed ahead of U.S. crude stocks data
Oil prices were mixed on Wednesday as Brent crude extended losses partly in response to weak global stock markets, but U.S. crude rose slightly after industry data showed an unexpected fall in inventories in the United States.
Samsung ends mobile phone production in China
Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world’s biggest smartphone market.
