Alstom board to discuss buying Bombardier rail unit: sources
Alstom’s board will meet late on Wednesday to discuss buying Bombardier’s rail unit, sources familiar with the matter said, and a media report said the French train maker had valued the business at just under $7 billion.
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Boeing Co is unlikely, for several years, to hit the monthly 57-unit production rate it had targeted for the 737 MAX preceding the grounding of the jet due to delays in regulatory approval, Chief Financial Officer Greg Smith said on Wednesday.
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Wells Fargo ends forced arbitration for sexual harassment claims
Wells Fargo & Co on Wednesday ended its forced arbitration policy for employee sexual harassment claims, opening the lender to potential lawsuits in the future.
Mexico’s America Movil to focus on bringing 5G to Latin America
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Fed’s Powell reinforces regulation and defends repo support in letter to Congress
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Organizers agonize over whether to scrap Mobile World Congress
Organizers of the Mobile World Congress (MWC) agonized on Wednesday over whether to cancel or press ahead with a smaller version of the event after major European telecom companies pulled out over the coronavirus outbreak.
Stocks gain as data shows lower new coronavirus cases
Stock markets around the world scaled fresh records after China reported the lowest number of new coronavirus cases since late January, boosting investor hopes the epidemic will be contained and driving up the price of crude oil and other commodities.
Alstom board to discuss purchasing Bombardier rail unit: sources
Alstom’s board will meet on Wednesday evening to discuss buying Bombardier’s rail unit, sources familiar with the matter said, and a media report said the French train maker has valued the business at just under $7 billion.
