Volkswagen mulls extending diesel incentives across Germany
German carmaker Volkswagen is examining whether to extend trade-in incentives to owners of older vehicles in all of Germany, extending the program beyond the 15 most heavily polluted cities, a spokesman said on Friday.
Stocks, dollar up on trade hopes; Wall Street set for fourth week gains
Major stock indexes rose worldwide on Friday and the dollar was on track for its first positive week this year, boosted by optimism that the trade conflict between the United States and China may come to an end.
Industrials power Wall Street higher on trade optimism
Gains in technology and industrial stocks put Wall Street on track for their fourth week of gains on Friday, amid growing optimism that the United States and China would resolve their bitter trade dispute.
Netflix shares fall as weak forecast dampens investor optimism
Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter.
Tesla cuts jobs as it looks to make Model 3 more affordable
Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 percent.
Schlumberger shares rise on lower 2019 capex, international outlook
Oilfield services provider Schlumberger NV said on Friday it would spend less in 2019 and forecast single-digit growth in international markets this year, sending its shares as much as 5 percent higher.
Volkswagen to offer diesel trade-in incentives in all of Germany: Bild
German carmaker Volkswagen will offer trade-in incentives to owners of older diesel vehicles in all of Germany and not just in the 14 cities most affected by emissions, Bild newspaper reported on its website on Friday.
Canada dismisses China’s warning of repercussions over Huawei ban
Canada’s government on Friday dismissed China’s warning of repercussions if Ottawa banned Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to 5G networks, saying it would not compromise on security.
Wall Street rises on trade optimism, upbeat manufacturing data
Wall Street’s main indexes were on track for their fourth week of gains on Friday, led by technology and industrial stocks, amid hopes that a bitter trade war between the United States and China would finally come to an end.
Murdoch seeks permission to merge UK’s Times and Sunday Times
Rupert Murdoch’s London-based newspapers The Times and Sunday Times have asked the British government for permission to share resources across both titles, a move that is barred under rules imposed when the media mogul bought both newspapers in 1981.
