Wall Street set for subdued open ahead of Fed statement
U.S. stock index futures pointed to a flat opening for Wall Street’s main indexes on Wednesday, as investors refrained from taking positions ahead of the Federal Reserve’s policy statement that is expected to open the door to future interest rate cuts….
Adidas loses EU bid to extend three-stripe trademark
Adidas has failed in an attempt to broaden trademark protection for its three-stripes symbol in the European Union as rivals seek to muscle into the market for striped shoes and clothing.
China’s Geely picks Swedish software firm for driverless cars
China’s Geely has chosen Zenuity, a joint venture between its Volvo car marque and Swedish technology group Veoneer, as its preferred supplier for assisted and self driving software.
Czech owners of Skoda, Volkswagen cars qualify for $23 million compensation: report
A Prague district court has ruled that Czech owners of Skoda and Volkswagen cars qualify for 533 million crowns ($23.30 million) in compensation linked to VW’s diesel emissions scandal, a news website reported on Wednesday.
American Airlines to order 50 Airbus A321XLR, including 30 conversions: source
American Airlines is set to order 50 of Airbus’s new A321XLR passenger jet, a source familiar with the matter told Reuters.
Harley-Davidson strikes deal to make smaller bikes in China
Harley-Davidson Inc will partner with China’s Qianjiang Motorcycle Co to produce a new smaller model bike, making good on promises to build more motorcycles outside the United States that have angered President Donald Trump.
Electric planes start small as industry wrestles with emissions
An all-electric commuter plane and a small Airbus-backed hybrid are among aircraft programs being touted at the Paris Airshow, as the industry tries to convince a skeptical public it can deliver on a pledge to halve carbon emissions by 2050.
Airbus and Boeing aircraft deals at Paris Airshow
Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow.
Harley-Davidson reaches deal to make smaller bikes in China
Harley-Davidson Inc will partner with Qianjiang Motorcycle Co. to produce a new range of smaller bikes, adding to moves to build more motorcycles outside the United States that have angered President Donald Trump.
Qatar Airways orders five Boeing 777F freighters
Qatar Airways is buying five new 777F Boeing Co freighters as it works to increase its footprint around the world, the airline said on Wednesday at the Paris Airshow.
