Ethiopian Airlines CEO expects settlement with Boeing by end-June
Ethiopian Airlines expects a settlement with planemaker Boeing by end of June over the crash of an 737 MAX plane in March 2019, CEO Tewolde Gebremariam told Reuters on Friday.
World stocks edge up, oil prices highest in over a month
World stocks edged up on Friday and oil prices rallied more than 2%, lifting sentiment after a week pressured by deteriorating U.S.-China relations.
Futures fall as China trade war fears add to coronavirus woes
U.S. stock index futures slipped on Friday after the Trump administration moved to block shipments of semiconductors to China’s Huawei Technologies from global chipmakers, a move that could ramp up trade tensions between Washington and Beijing.
World stocks win a respite, oil prices highest in over a month
World stocks edged higher on Friday and oil prices rallied more than 2%, as sentiment revived after a week pressured by deteriorating U.S.-China relations.
U.S. employers wary of coronavirus ‘immunity’ tests as they move to reopen
U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces.
Companies fear coronavirus liability lawsuits. So far, few exist
Businesses are urging U.S. lawmakers to shield companies from what they fear could be a flood of lawsuits by workers and consumers blaming employers for exposing them to the new coronavirus.
Exclusive: U.S. moves to cut Huawei off from global chip suppliers
The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action that could ramp up tensions with China.
Exclusive: Nissan sees bigger role for U.S., China markets in global car sales – sources
Nissan Motor Co expects equal contributions to global car sales from China, the United States and elsewhere in coming years as the struggling Japanese carmaker strategises to recover profitability, two people with knowledge of the issue said.
U.S. extends temporary general license for Huawei
The U.S. Department of Commerce on Friday announced that it was extending the Temporary General License that allows certain transactions with Huawei Technologies Co Ltd for another 90 days.
Futures edge higher on China industrial data
U.S. stock index futures rose on Friday as better-than-expected industrial data from China raised hopes of an eventual economic recovery from coronavirus-related lockdowns.
