Avianca Brasil files for bankruptcy, citing jet repossession threat
Brazil’s fourth-largest airline, Avianca Brasil, filed for bankruptcy protection on Monday, saying its operations had been threatened by potential repossession of aircraft, which could prevent the carrier from continuing to operate.
McDonald’s to curb antibiotic use in beef supply chain
McDonald’s Corp on Tuesday released guidelines for suppliers of beef in its top 10 sourcing countries to curb the use of antibiotics as the fast-food giant joins a broad effort to battle dangerous superbugs.
Google has ‘no plans’ to launch Chinese search engine: CEO
Google has “no plans” to relaunch a search engine in China though it is continuing to study the idea, Chief Executive Sundar Pichai told a U.S. congressional panel on Tuesday amid increased scrutiny of big tech firms.
Canadian detained in China as Huawei CFO returns to court
Canada confirmed on Tuesday that one of its citizens was detained in China but said it saw no explicit connection to the arrest in Vancouver of a top executive at Chinese telecoms giant Huawei Technologies Co [HWT.UL].
EU opens $22 billion Vodafone, Liberty Global deal inquiry
Vodafone’s purchase of Liberty Global’s assets in Germany and east Europe may damage competition in Germany and the Czech Republic, EU antitrust regulators said on Tuesday, as they opened a full-scale probe into the $21.8 billion deal.
Wall Street pulls back after Trump’s government shutdown threat
The S&P 500 gave up most gains and Dow Industrials turned lower on Tuesday after President Donald Trump’s threat to shut down the government over funding for a border wall undid the boost to markets from optimism over China-U.S. trade talks.
White House expects China to cut car tariffs after trade call: auto executive
White House officials told automakers following a U.S.-China trade call that the Trump administration believes China will cut tariffs on U.S. autos to 15 percent from the current 40 percent, an auto executive said on Tuesday after being briefed on the …
S&P, Dow turn negative after Trump threatens government shutdown
The S&P 500 and the Dow Jones Industrial Average gave up all gains on Tuesday, reversing from a strong start on the back of progress in U.S.-China trade talks, as President Donald Trump threatened to shut down the federal government over funding for a wall along the U.S.-Mexico border.
EU says Vodafone, Liberty Global deal may hurt competition
Vodafone’s $21.8 billion purchase of Liberty Global’s assets in Germany and east Europe may hit competition in Germany and the Czech Republic, EU antitrust regulators said on Tuesday, as they opened a full-scale probe into the deal.
Stocks gain on possible thaw in trade spat; oil climbs
A gauge of global stock markets climbed on Tuesday as signs of a thaw in the U.S.-China trade battle helped investors overlook heightened uncertainty over Brexit and French protests, while oil prices rebounded from a selloff a day earlier.
