Wall Street ends higher as investors set aside trade concerns
(Reuters) – U.S. stock indexes closed higher on Friday as investors shrugged off concerns about global trade tensions, but trading volume was relatively light ahead of a busy week of central bank meetings.
Airbus nails down Bombardier CSeries deal in boost to jet
(Reuters) – European planemaker Airbus SE has finalized a rescue deal for Bombardier Inc’s CSeries jet and is expected to flex its cost-cutting and marketing muscle to revive the money-losing Canadian venture.
Porsche to name all-electric model Taycan
STUTTGART (Reuters) – Sport car maker Porsche will name its first all-electric car model the Taycan, it said on Friday, a year before it plans to launch serial production of a vehicle that will compete with Tesla’s Model S.
Wall Street inches up as investors eye summits, Fed decision
(Reuters) – U.S. stock indexes edged higher on Friday as investors placed bets ahead of a busy week of central bank meetings and some traders cited a shift out of emerging markets most exposed to higher oil prices and global trade tensions.
Comcast to win unconditional EU okay for Sky bid: sources
BRUSSELS (Reuters) – U.S. cable company Comcast is set to gain unconditional EU antitrust approval for its bid to buy European pay-TV company Sky , two people familiar with the matter said on Friday.
Tesla must fix ‘flaws’ in Autopilot after fatal crash: U.S. consumer group
WASHINGTON (Reuters) – A consumer advocacy group on Friday urged Tesla Inc to fix what it termed as “flaws” in the automaker’s driver-assistance system Autopilot after a preliminary government report said a driver did not have his hands on the vehicle’…
Italy’s luxury brand Prada paves way for family succession: CEO
VALVIGNA, Italy (Reuters) – Prada Chief Executive Patrizio Bertelli said on Friday his family would not sell its 80 percent stake in Italy’s biggest luxury goods group and said his son Lorenzo may one day head the company.
Verizon names tech chief CEO; prioritizes 5G network over content
(Reuters) – Verizon Communications Inc named Chief Technology Officer Hans Vestberg its new CEO, surprising analysts and signaling the No. 1 wireless company’s priority is building the next-generation 5G network, not expanding further into media conte…
G7 nations struggle to salvage summit as Trump attacks trade
LA MALBAIE, Quebec (Reuters) – Top U.S. allies scrambled on Friday to keep a Group of Seven nations summit from veering off track as President Donald Trump vowed to deal with “unfair trade practices” by Canada and the European Union.
VW says 250,000 cars could be delayed by new testing rules
BERLIN (Reuters) – Volkswagen said production of up to 250,000 cars from its group brands in the second half will be delayed because of effects from new mandatory lab tests for emissions and fuel economy.
