European shares rise on ‘no-deal’ Brexit vote, dollar gains
A gauge of global equity markets traded little changed on Thursday as fading risks of a disorderly Brexit lifted European shares but bolstered the dollar ahead of another vote, while Wall Street was flat on uncertainty over U.S.-Sino trade talks.
Trump says U.S. doing well in trade talks with China
President Donald Trump said on Thursday the United States was doing very well in trade talks with China, but that he could not say whether a final deal would be reached.
Volvo Cars to pay $310 million dividend, second under China’s Geely
Volvo Cars will pay a dividend of 2.9 billion Swedish crowns ($311 million) after record sales in 2018, the company said on Thursday, with almost all of it slated to boost the coffers of its debt-laden Chinese parent Geely.
Analysis of Ethiopian Airways jet’s black boxes to start Friday: BEA
Ethiopian investigators have arrived at France’s BEA air accident investigation agency and technical analysis of the black boxes recovered from the doomed Ethiopian Airlines plane will begin on Friday, the agency said.
Treasury’s Mnuchin expects elements of China trade talks to be resolved soon
The Trump administration is discussing a thick tome of ideas with Chinese officials as the two sides seek a trade deal, with Washington expecting some elements to be resolved soon, U.S. Treasury Secretary Steven Mnuchin said on Thursday.
Trump says he hopes grounding of Boeing planes is short
U.S. President Donald Trump said on Thursday he hoped Boeing Co can figure out whatever problem might exist with its 737 MAX jetliners and that a U.S. decision to ground them would only have to be in place for a short time.
GE expects tough ‘reset’ year in 2019, then a rebound; shares climb
General Electric Co said on Thursday that 2019 would be a difficult, “reset” year, but promised a better performance in terms of earnings from 2020 and beyond, sending shares higher.
U.S. Treasury’s Mnuchin expects elements of China trade talks resolved soon
The Trump administration is discussing a thick tome of ideas with Chinese officials as the two sides seek a trade deal, with Washington expecting some elements to be resolved soon, a top administration official said.
Top Pentagon official has not spoken to admin about 737’s
A former Boeing executive who is now the Acting Secretary of Defense, Patrick Shanahan, told the U.S. Congress he has not spoken to anyone in the U.S. administration about issues with the 737 MAX 8 jet grounded Wednesday by the Federal Aviation Adminis…
U.S. labor market softening; imported inflation benign
The number of Americans filing applications for unemployment benefits increased more than expected last week, suggesting the labor market was slowing, but probably not to the extent implied by a near-stall in job growth in February.
