GE urges speedy fix for power turbine blades, says blade broke in 2015: sources
General Electric Co is advising some buyers of its big power turbines to switch out faulty blades sooner than expected and has disclosed that a blade broke in 2015, according to a presentation reviewed by Reuters and people briefed on the matter.
Global shipping rates slump in latest sign of economic slowdown
Freight rates for dry-bulk and container ships, carriers of most of the world’s raw materials and finished goods, have plunged over the last six months in the latest sign the global economy is slowing significantly.
Tencent shares jump 3 percent after Chinese regulators approve new games
Tencent Holdings Ltd saw its shares jump more than 3 percent on Friday as investors cheered Chinese regulators’ approval of mobile games published by the industry leader for the first time since a freeze on approvals imposed in March.
Asia stocks firm, euro sags after dovish ECB
Asian stocks rose across the board on Friday, buoyed by gains in U.S. technology shares while investors awaited several key events next week including U.S.-China trade talks.
Oil prices jump as U.S. threatens sanctions against Venezuela
Oil prices rose by more than one percent on Friday as turmoil in Venezuela triggered concerns that its oil exports could soon be disrupted.
Oil prices rise 1 percent as U.S. threatens sanctions against Venezuela
Oil prices rose by 1 percent on Friday as turmoil in Venezuela triggered concerns that its oil exports could soon be disrupted.
Ford CEO tells employees: ‘Time to bury’ 2018, focus on doubling profit
Ford Motor Co Chief Executive Jim Hackett told employees late on Thursday the No. 2 U.S. automaker would not accept last year’s “mediocre” results and said the company was aiming to nearly double its annual operating profit.
Subaru probe finds 3,400 staff were not paid for overtime work
Subaru Corp on Friday said it did not pay overtime wages over a two-year period to some 3,400 employees who under-reported their hours, a revelation that surfaced in an internal probe following the 2016 suicide of an overworked employee.
Asia stocks gain, euro struggles after dovish ECB
Asian stocks inched higher on Friday, buoyed by gains in U.S. technology shares, but gains were capped by worries over slowing growth in Europe and caution ahead of several key events next week including U.S.-China trade talks.
Starbucks top sales forecasts as holiday drinks make comeback
Starbucks exceeded Wall Street forecasts for quarterly sales on Thursday, led by the popularity of its holiday-themed drinks in the United States, where its growth has been cooling in an increasingly crowded market for coffee houses.
