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Sat, May 25, 2019
7:41 pmFiat Chrysler in tie-up talks with Renault: sources
Fiat Chrysler and Renault are in talks on a comprehensive global tie-up that could address some of the main weaknesses of both carmakers, two sources with knowledge of the discussions told Reuters on Saturday.
3:20 pmJet Airways founder Naresh Goyal and wife stopped from leaving India - airport official
Indian carrier Jet Airways (India) Ltd founder Naresh Goyal and his wife Anita Goyal were stopped from leaving India on Saturday at Mumbai airport, according to an airport official who asked not to be named.
1:33 pmChina says U.S. demand on its state-owned enterprises is 'invasion' on economic sovereignty
The United States has called on China to curb the development of its state-owned enterprises (SOEs), a demand that China sees as an "invasion" on its economic sovereignty, Chinese state news agency Xinhua said on Saturday.
9:41 amBrazil's Caixa picks Morgan Stanley as co-advisor on insurance deals: source
Brazilian state lender Caixa Economica Federal has picked investment bank Morgan Stanley as co-advisor to help it find insurance partners, a source with knowledge of the matter said.
7:43 amNike to waive performance targets for pregnant athletes: report
Sportswear giant Nike will waive performance-based targets for 12 months for any of their pregnant athletes after several runners revealed they had their payments frozen, according to a New York Times report on Friday.
6:37 amVW to intensify talks with Northvolt on battery project: Boersen-Zeitung
Volkswagen is intensifying talks with Swedish startup Northvolt on plans to jointly build up battery cell production in Salzgitter, near its headquarters in Lower Saxony, one of its board members told a German newspaper.
12:40 amHuawei shipments could fall by up to a quarter this year: analysts
China's Huawei, hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said.
Fri, May 24, 2019
10:35 pmWall Street Weekahead: Trade protection doesn't have to exclude growth stocks
The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don't need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China.
9:41 pmAmazon facial recognition ban won just 2% of shareholder vote
Amazon.com Inc shareholders overwhelmingly rejected a proposal that the company stop selling facial recognition technology to government agencies, while a resolution to audit the service drew more support, a regulatory filing on Friday showed.
7:22 pmBoeing at two-week high as approval for 737 MAX to fly seen by late June
Shares of Boeing Co rose as much as 3% to more than a two-week high on Friday after Reuters reported that the Federal Aviation Administration (FAA) expects to approve 737 MAX jets to return to service as soon as late June.
7:20 pmMusk's SpaceX raised over $1 billion in six months: filings
Billionaire entrepreneur Elon Musk's SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space.
6:16 pmWall St. edges higher after Trump sparks U.S.-China trade hopes
Wall Street's major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors.
5:30 pmGlobal stocks climb on muted trade hopes, dollar slips
World equity markets rebounded on Friday from the previous day's sharp fall, after U.S. President Donald Trump said complaints against China's Huawei Technologies Co Ltd might be resolved within the framework of a Sino-U.S. trade deal.
5:17 pmUnited Airlines shakes up Avianca leadership after shareholder default
United Airlines launched a management overhaul at Colombia's Avianca Holdings on Friday, removing top shareholder German Efromovich from controlling the cash-strapped airline, according to regulatory filings.
4:53 pmOil rises more than 1% but sets biggest weekly loss of 2019
Oil prices climbed more than 1% on Friday ahead of long U.S. and UK holiday weekends, but posted the biggest weekly drop of the year, pressured by rising inventories and worries about the global economy.
4:49 pmU.S. regulator sees approval of Boeing 737 MAX to fly as soon as late June: sources
The Federal Aviation Administration (FAA) expects to approve Boeing Co's 737 MAX jet to return to service as soon as late June, representatives of the U.S. air regulator informed members of the United Nations' aviation agency in a private briefing on Thursday, sources told Reuters.
4:49 pmUnited Airlines extends cancellations of Boeing 737 MAX flights into August
United Airlines said on Friday it is extending by one month its cancellations of Boeing Co 737 MAX flights, through Aug. 3, as the jetliner remains grounded following two fatal crashes.
3:57 pmChina accuses U.S. officials of misleading public on trade war
China on Friday accused U.S. officials of lying to the public about their trade war, as rising tensions between the world's two largest economies kept financial markets in a state of unease.
2:47 pmSouth Korea orders further arrests at Samsung Electronics over accounting scandal
A South Korean court approved arrest warrants on Saturday for two executives at Samsung Electronics Co Ltd over their alleged roles in a suspected accounting fraud at the biotech arm of Samsung Group.
2:27 pmBoeing faces SEC probe into disclosures about 737 MAX problems: Bloomberg
The U.S. Securities and Exchange Commission is probing whether Boeing Co provided sufficient disclosures about issues related to its 737 MAX jets, which have been grounded worldwide after two deadly accidents, Bloomberg reported on Friday.
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