Shell urges Trump White House to tighten methane leak rules
Royal Dutch Shell urged U.S. President Donald Trump’s administration on Tuesday to tighten restrictions on greenhouse gas emissions from oil and gas production, instead of weakening them as planned.
Deal or no deal, U.S.-China trade talks may end in weeks: Lighthizer
The United States and China may be in the final weeks of discussions to hammer out a deal to ease their tit-for-tat tariffs dispute, U.S. Trade Representative Robert Lighthizer said on Tuesday.
Belgium closes air space for Boeing 737 MAX airplanes: agency
Belgium closed down its air space for Boeing 737 MAX planes, the country’s news agency Belga quoted transport minister Francois Bellot as saying on Tuesday after the Sunday’s deadly plane crash in Ethiopia.
Volkswagen CEO: Will review group’s brand portfolio by year-end
Volkswagen Chief Executive Herbert Diess on Tuesday said the multi-brand conglomerate was reviewing its portfolio of brands as it seeks to slim down and hike profitability.
Volkswagen CEO expects software to make up 90 percent of auto industry innovation
Volkswagen will ramp up its hiring of software experts to ensure that the car and truck maker stays at the forefront of innovation in an industry geared toward refining mechanical, rather than software components.
Volkswagen to unveil U.S. plan at end of first quarter, mulls further China steps in 2019
Volkswagen will decide whether it makes sense to raise its stake in Chinese joint venture companies toward the end of this year or beginning of next year, Chief Exectuive Herbert Diess said on Tuesday.
Volkswagen warns on jobs as margins slip, electric plans accelerate
Volkswagen will cut jobs as it speeds up the rollout of less labor-intensive electric cars and will review its sprawling portfolio of brands as it battles to reverse a slide in profit margins, the German carmaker said on Tuesday.
Wall Street rises after tame inflation supports patient Fed; Boeing drags Dow
U.S. stocks rose on Tuesday after tame inflation data supported the Federal Reserve’s dovish stance on future rate hikes, but Boeing’s fall for a second straight day in a row pressured the Dow.
Poland closes airspace to Boeing 737 Max 8 planes
Poland closed its airspace to Boeing 737 Max 8 airliners from Tuesday evening and grounded its own fleet of the planes after the same type of aircraft crashed in Ethiopia, killing 157 people, officials said.
Wells Fargo CEO draws bipartisan ire in U.S. Congress hearing
Democratic and Republican lawmakers pressed Wells Fargo & Co Chief Executive Tim Sloan for proof that the bank has moved past a string of customer abuse scandals at a tense hearing in Congress on Tuesday.
