Oil prices drop as trade tensions stoke economy worries
Oil fell on Tuesday amid worries over the outlook for demand after the latest signs that international trade disputes have been dragging on the global economy, although tensions in the Middle East offered some support to prices.
U.S. SEC defends pace of Volkswagen suit after emissions scandal
The U.S. Securities and Exchange Commission (SEC) on Monday defended the pace of its investigation into Volkswagen AG after a judge had asked why the agency waited two years after a global scandal related to vehicle emissions to sue the automaker.
Exclusive: Airbus, Boeing indicate they may pull out of Canada fighter jet race – sources
Airbus SE and Boeing Co may pull out of a bidding process to supply Canada with new fighter jets because they say the contest is unfairly tilted toward Lockheed Martin Corp, two sources with direct knowledge of the situation said on Monday.
Cohu says restrictions on Huawei hurting customers
Semiconductor testing company Cohu Inc said on Monday U.S. restrictions on China’s Huawei Technologies Co Ltd is hurting its customers’ business.
Wall St. drops as Apple falls, Fed eyed
U.S. stocks fell on Monday as Apple shares dropped following a broker downgrade and investors continued to weigh chances of an aggressive interest rate cut by the Federal Reserve later this month.
Global stocks slide on dimming prospects for sharp U.S. rate cut
Stocks around the world fell on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large interest rate cut at the end of July.
Wall Street drops as Apple slumps, Fed eyed
U.S. stocks fell on Monday as Apple Inc shares dropped following a broker downgrade and investors continued to weigh chances of an aggressive interest rate cut by the Federal Reserve later this month.
SunTrust to stop financing private U.S. prison operators
SunTrust Banks Inc will stop financing operators of private prisons and immigration holding facilities, it said on Monday, becoming the latest lender to distance itself from a sector associated with the Trump administration’s policies.
Russia’s Ural Airlines plans to get first Boeing-737 MAX in December: Interfax
Russian airline Ural Airlines plans to receive the first of 14 previously ordered Boeing-737 MAX aircraft for leasing in December, Interfax news agency reported, citing its chief executive Sergei Skuratov.
Global stocks fall on dimming prospects for sharp U.S. rate cut
Stocks around the world fell on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large interest rate cut at the end of July.
