Norwegian Air unveils London-Rio flight, challenging ‘monopoly’
Budget carrier Norwegian Air plans to start flights between London and Rio de Janeiro in March to break what it said was a “monopoly” enjoyed by British Airways between the two cities.
Trump may impose tariffs on imported cars from next week: report
European auto stocks extended losses on Tuesday after a German magazine reported that U.S. President Donald Trump could impose tariffs on imported cars from next week.
Workers return to GM’s Canada plant; union to meet Trudeau
Workers returned to the assembly line at General Motors’ Oshawa, Ontario, plant on Tuesday, a local union leader said, after walking out on Monday to protest news the plant had been scheduled to shut down in December 2019.
Trade tensions weigh on stocks; U.S. dollar climbs
Global stock markets edged lower on Tuesday, as the previous session’s strong rally ran out of steam after U.S. President Donald Trump appeared to quash hopes of a trade truce with China at the upcoming G20 Summit.
Wall Street falls as Trump’s threat sparks trade worries
U.S. stocks declined on Tuesday after President Donald Trump’s threat to move ahead with additional tariffs on Chinese goods dampened hopes of resolving the trade spat at the upcoming G20 Summit.
Fed’s Clarida more sensitive to data, still backs U.S. rate hikes
The Federal Reserve should be even more attentive to new economic data as its gradual interest-rate hikes edge it ever closer to a neutral stance, the U.S. central bank’s second-in-command said on Tuesday.
U.S. SEC chairman says Tesla case is ‘settled’ despite CEO’s tweet
(The Nov. 26 story corrects paragraphs 4 and 5 to show the SEC filed charges against Musk and Tesla, and that Musk and Tesla settled those charges without admitting or denying the SEC’s allegations)
Mitsubishi Motors says Nissan-Renault alliance can survive turmoil
A senior executive at Mitsubishi Motors Corp said on Tuesday its alliance with Nissan Motor and Renault SA can survive management upheaval, a day after it fired Carlos Ghosn as chairman over financial misconduct allegations.
Fed’s Bullard: ‘cracks’ in growth may shape Fed 2019 debate
For nearly two years the U.S. Federal Reserve has pushed ahead with steady rate increases in an economy that has done better than expected, boosted by government spending, tax cuts, and global growth that made the Fed’s policy choices seem almost a foo…
Wall Street opens lower after Trump’s tariff threat
U.S. stocks opened lower on Tuesday after President Donald Trump said he would move ahead with additional tariffs on Chinese goods, dampening hopes of resolving the ongoing trade spat at the upcoming G20 Summit.
