Airbus seeks new partners to expand in U.S. space market
Airbus’ defense division is looking for new partners to expand its presence in the growing U.S. space market, and could potentially build components for a lunar program there, Airbus Defense and Space Chief Executive Dirk Hoke told Reuters.
Oil climbs over $1/bbl on U.S.-China trade deal hopes, Mideast tension
Oil prices rose more than $1 a barrel on Tuesday after news that China and the United States were resuming trade talks ahead of a meeting at the G20 summit later this month, spurring hopes that the two countries would resolve an ongoing trade war.
Facebook reveals Libra cryptocurrency, sparking new privacy concerns
Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.
Boost for Boeing as BA owner backs grounded jet with 200-plane order
Boeing won a major vote of confidence at the Paris Airshow on Tuesday as British Airways owner IAG signed a letter of intent to buy 200 of its 737 MAX jets that have been grounded since March after two deadly crashes.
Dish Network nearing $6 billion deal for T-Mobile-Sprint assets: Bloomberg
Satellite TV provider Dish Network Corp is in talks to buy the wireless assets of T-Mobile US Inc and Sprint Corp for at least $6 billion, Bloomberg reported on Tuesday, citing people familiar with the matter.
Anadarko approves $20 billion LNG export project in Mozambique
U.S. energy firm Anadarko Petroleum Corp on Tuesday gave the go-ahead for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa.
White House considered demoting Fed’s Powell: report
Lawyers at the White House earlier this year explored the legality of stripping Jerome Powell of his Federal Reserve chairmanship and demoting him to be just one of as many as seven governors of the U.S. central bank, according to a report from Bloombe…
U.S., China rekindle trade talks ahead of Trump-Xi G20 meeting
China and the United States are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping, cheering financial markets on hopes that an escalating trade war between the two countries would abate.
Global stocks fueled by hopes on 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, while equities got an extra boost when U.S. President Donald Trump confirmed a meeting with Ch…
Fed meets as renewed pressure on Powell comes from Trump
Lawyers at the White House earlier this year explored the legality of stripping Jerome Powell of his Federal Reserve chairmanship, demoting him to be just one of as many as seven governors of the U.S. central bank, according to a report from Bloomberg …