Asian shares steady ahead of Fed meeting; May’s Brexit deal in chaos
Asian shares treaded water on Tuesday ahead of a U.S. Federal Reserve policy meeting, hovering near six-month highs, while sterling was choppy as the speaker of Britain’s parliament banned another vote on same Brexit deal.
Elon Musk tweet about Tesla violates settlement agreement, U.S. regulator tells court
A tweet about Tesla Inc production targets by Elon Musk was “a blatant violation” of a court order to get his written communications pre-approved, U.S. securities regulators told a judge on Monday, doubling down on the government’s demand to find the T…
Huawei leads Asian domination of U.N. patent applications in 2018
Chinese telecoms giant Huawei led the pack with Asia accounting for more than half of the international patent applications at the World Intellectual Property Organization (WIPO) last year, WIPO said on Tuesday.
Goldman Sachs sets targets for Hispanic and black entry-level hires
Goldman Sachs Group Inc is setting targets for hiring minority groups for the first time as it ramps up efforts to diversify its workforce, according to a memo sent by top executives to employees on Monday.
Foxconn says Wisconsin factory production to launch by 2020
Foxconn Technology Group Ltd said on Monday it will complete work on a new factory in Wisconsin to assemble liquid crystal display screens and start production before the end of next year.
Algeria suspends all Boeing 737 MAX 8 and 9 flights: Ennahar TV
Algeria’s civil aviation authority has suspended all flight operations of Boeing 737 MAX 8 and 9 planes as a precautionary measure following the Ethiopian Airlines plane crash, Ennahar TV reported on Monday.
Wall St. advances ahead of Fed policy meeting
Banks and tech helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week’s U.S. Federal Reserve meeting for affirmation of its commitment to “patient” monetary policy.
U.S. states probing Hyundai, Kia over vehicle fires: Connecticut AG
A group of U.S. states is investigating Hyundai Motor Co and Kia Motors Corp for potential unfair and deceptive acts related to reports of hundreds of vehicle fires, Connecticut Attorney General William Tong said on Monday.
Oil closes in on four-month highs on OPEC cuts, U.S. stock draw
Oil prices rose to near four-month highs on Monday, supported by the prospect of extended OPEC-led oil supply curbs and signs of inventory declines in U.S. crude stockpiles.
Canada re-examining Boeing 737 MAX approval after FAA certification probe
Transport Canada is re-examining the validation it gave Boeing Co’s 737 MAX jets, following reports of a U.S. probe into the aircraft’s certification by the Federal Aviation Administration (FAA), Canada’s transport minister said on Monday.
