China’s tough trade rhetoric leaves talks with U.S. in limbo
China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course.
Airlines urge regulators not to compete on safety after Boeing crisis
Global airlines urged regulators on Friday not to compete over setting new safety rules, after two crashes led to the grounding of the Boeing 737 MAX and raised questions about the international influence of the U.S. aviation authority.
Walmart bets big on attracting workforce with new HQ campus
New corporate headquarters are springing up across the United States.
China’s tough talk leaves trade talks with U.S. in limbo
China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course.
Starbucks’ China rival Luckin serves up a hot debut
Shares of China’s Luckin Coffee Inc surged 47% in their market debut on Friday, indicating strong investor demand for the self-declared challenger to Starbucks Corp in the Asian country.
IMF’s Lagarde says U.S.-China trade war could be risk for world economic outlook
The trade war between the United States and China could be a risk to the world economic outlook if it is not resolved, International Monetary Fund Managing Director Christine Lagarde told Reuters on Friday during a visit to Uzbekistan.
Wall Street seesaws amid heightened trade tensions
The S&P 500 was trading flat but was off session lows on Friday as investors tracked trade headlines after China took a hard stance on its tariff war with the United States.
IATA expects trade tensions to hit airline profit outlook
Global airlines body IATA expects increasing trade tensions and higher costs will mean a cut in 2019 industry profit forecasts.
GMC trucks to deploy adaptive cruise control system
Automaker General Motors Co’s truck brand GMC said on Friday its 2020 Sierra large pickup trucks will have an adaptive cruise control system, in a push to catch up with its rivals.
Oil set for weekly gain on threat of Mideast supply disruptions
Oil prices steadied on Friday, with both benchmarks on track for a weekly gain on rising concerns over potential further supply disruptions in Middle East shipments due to U.S.-Iran political tensions.
