Exclusive: U.S. seen open to mechanism to end aircraft subsidy fight – sources
The United States is expected to be open to negotiations on an “enforceable mechanism” that could allow European planemaker Airbus to receive government funding on commercial terms and ease the risk of tit-for-tat sanctions, two U.S. sources said.
U.S. lawmaker calls for Facebook to pause cryptocurrency project
A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy a…
Senior U.S. lawmaker says Facebook should halt cryptocurrency project pending review
U.S. House Financial Services Committee Chairwoman Maxine Waters said Tuesday that Facebook Inc should halt development of its announced cryptocurrency until Congress and regulators conduct a review.
Wall Street nears record as mood on trade again turns optimistic
Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the Fed will cut interest rates this year.
Comcast partners with Charter, Cox to advance targeted advertising
U.S. cable provider Comcast Corp on Tuesday launched a program to further develop an advertising strategy that better targets audiences, as the TV industry looks to lure more advertisers away from digital players like Facebook Inc and Alphabet Inc’s Go…
Photoshop maker Adobe beats revenue, profit estimates
Adobe Inc beat analysts’ estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud.
Global stocks lifted by hopes for monetary policy, U.S.-China trade
Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic stimulus, with equities getting an extra boost from confirmation that U.S. President Donald Trump would …
Barrick CEO believes Acacia offer is fair after extending bid deadline
Barrick Gold Corp, the world’s No. 2 gold miner, believes its proposed offer to take full control of its African unit is “more than fair” and will engage with Acacia Mining Plc’s board and minority shareholders to win them over, Chief Executive Mark Br…
Wall St. rises on hopes for trade talks, Fed rate cuts
U.S. stocks surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the U.S. Federal Reserve will cut interest rates this year.
Germany to buy three new Bombardier jets
Germany’s government will buy three new Bombardier jets this year, RND newspapers reported on Tuesday, adding that the deal would have a volume of 240 million euros ($268.51 million).
