Wall Street set for higher open ahead of manufacturing data
Wall Street’s main indexes were headed for a strong open on Tuesday ahead of the release of manufacturing data as investors looked for fresh signs of domestic demand in the world’s largest economy amid softening global growth.
Ryanair boss slams UK aviation regulator after Thomas Cook collapse
Ryanair boss Michael O’Leary slammed Britain’s aviation regulator on Tuesday, saying its soft licensing rules contributed to the chaos around Thomas Cook’s bankruptcy.
Dollar powers to 29-month high, bonds turn choppy
The dollar climbed to a 29-month high on Tuesday as a blizzard of soft global data left the U.S. economy as the only one still looking reasonably healthy.
Credit Suisse clears Thiam over spying scandal, as right-hand man resigns
Credit Suisse cleared CEO Tidjane Thiam of ordering a surveillance of former wealth management head Iqbal Khan, but said his right-hand man has resigned over the botched spying case that severely damaged the bank’s reputation.
Futures rise ahead of manufacturing data
U.S. stock index futures gained on Tuesday ahead of the release of manufacturing data as investors looked for fresh signs of domestic demand in the world’s largest economy amid softening global growth.
Ford forms JV with Mahindra for India business
Ford Motor Co and Mahindra & Mahindra will form a joint venture company in India valued at $275 million that will develop, market and distribute Ford branded vehicles in the country, the two companies said on Tuesday.
Facebook, Google, Amazon face another House inquiry: Bloomberg
Facebook Inc, Amazon.com Inc and Alphabet Inc’s Google will face a congressional inquiry on how the big technology companies may be damaging the competitive landscape for small businesses, Bloomberg reported on Tuesday.
Strike hits Fiat Chrysler plant in Italy after death of worker
A Fiat Chrysler worker died overnight in an accident at the group’s factory in Cassino, central Italy, prompting unions to launch a strike at the plant to demand tighter safety measures, officials said on Tuesday.
GE to provide world’s most powerful turbines for British wind project
GE Renewable Energy has been chosen as preferred supplier to provide turbines for Britain’s Dogger Bank offshore wind project being developed by SSE and Equinor , the companies said on Tuesday.
Exclusive: Comcast emerges as new Google antitrust foe – sources
Comcast Corp, one of America’s largest media and communications companies, is wading into the epic regulatory pile-on against big tech companies such as Google, according to people familiar with the matter.
