BAE Systems wins funding from U.S. Army to start production of new armored vehicles
Britain’s defense company BAE Systems on Tuesday said it had won additional funding up to $575 million from the U.S. Army to begin production of its new armored vehicles that would replace the Vietnam War-era M113 fleet of personnel carriers.
Germany still in talks on Huawei 5G network role, minister says
Germany’s government is still in talks on whether China’s Huawei will be allowed to participate in building the country’s high-speed internet infrastructure, German Economy Minister Peter Altmaier said on Tuesday.
U.S. consumers forecast more spending than a year ago: NY Fed
U.S. consumers expect to spend more money in 2019 than they did a year ago, data from the Federal Reserve Bank of New York showed on Tuesday.
Aviva, NatWest to join ‘Brexodus’ of business to EU
England’s High Court on Tuesday gave Aviva, Britain’s second largest insurer, approval to transfer around 9 billion pounds ($11.69 billion) in assets to a new Irish company just before the starting gun is fired on Brexit.
Kellogg stocks up on Pringles, cereals for fear of ‘hard Brexit’
As the possibility of a no-deal Brexit looms, Kellogg Co is taking measures to protect Britons from a potential shortage of Pringles, the UK’s second-favorite brand of chips.
Danske Bank pulls out of Russia, Baltics after money-laundering backlash
Danske Bank will pull out of Russia and the neighboring Baltic states, the Danish lender said after Estonia ordered it to close the branch at the center of one of the largest-ever money laundering scandals.
Wall St. subdued with U.S.-China trade talks in focus
U.S. stocks struggled for direction on Tuesday after rallying strongly last week, as investors focused on the latest round of trade talks between the United States and China.
Oil slips from 2019 high as economy worries weigh
Oil fell from its 2019 high of almost $67 a barrel on Tuesday as concerns about the progress of U.S.-China trade talks and slowing economic growth countered lower supplies.
BHP CEO staying around to deal with tailings and transformation
The chief executive of mining group BHP has no plans to quit and will focus on the “nuclear level of safety” needed to avoid any repeat of the Vale dam collapse in Brazil, as well as on transforming his own company.
Wall St. opens lower as U.S.-China trade talks resume
U.S. stocks opened lower on Tuesday after rallying strongly last week, as investors focused on the latest round of trade talks between the United States and China.
