Oil breaks above $60, but growth doubts curb gains
Oil rose above $60 a barrel on Monday, recovering some of the previous session’s near-7 percent fall, although uncertainty over global economic growth limited the gains.
Airbus hints at decision on proposed A321XLR jet next year
The incoming chief executive of Europe’s Airbus hinted on Monday at a decision next year on whether to launch the A321XLR, a longer-range version of its best-selling A321 single-aisle jet.
Exclusive: Deutsche Telekom to win EU okay for Dutch Tele2 deal – sources
Deutsche Telekom is set to win unconditional EU antitrust approval for its bid to buy Swedish peer Tele2’s Dutch unit, people familiar with the matter said on Monday.
Wall Street opens higher as retail, tech stocks gain
U.S. stocks opened higher on Monday, as optimism of a robust holiday season powered gains in shares of retailers and technology stocks bounced back after a brutal sell-off last week.
Cyber Monday deals to test limits of retailers’ websites
Cyber Monday online shopping frenzy kicked off with retailers offering a slew of discounts and free shipping, testing the limits of their e-commerce operations as they take millions of orders across the country.
Exclusive: Argentina says close to inking a two-way beef deal with U.S.
Argentina is on the verge of signing a deal with the United States that would allow two-way trade of fresh beef for the first time in nearly two decades, the South American country’s international trade secretary, Marisa Bircher, told Reuters.
GM to cut car production in North America, halt some models: source
General Motors Co will significantly cut car production in North America and stop building some low-selling car models, and was expected to announce significant planned reductions to its North American salaried, executive workforce, sources said on Mon…
Airbus delivers first A330neo in Boeing 787 dogfight
Europe’s Airbus delivered its first A330neo jet to TAP Portugal on Monday as it seeks to trump U.S. rival Boeing in the fiercely competitive battle at the lower end of the market for long-haul jets.
Oil creeps back above $60, but growth doubts curb gains
Oil prices rose above $60 a barrel on Monday, recovering some of the previous session’s near-7 percent fall, although uncertainty over global economic growth limited the gains.
Kering takes e-commerce in-house in online luxury battle
Kering said on Monday it would develop its own online shopping sites by 2020, ending an outsourcing joint-venture for brands like Balenciaga, showing how major luxury companies are speeding up e-commerce plans.
