Norwegian Air expects Boeing's 737 MAX aircraft to remain grounded until at least the end of August, missing the European summer season, CEO Bjoern Kjos said on Friday.
The United States has halted a World Trade Organization dispute over China's treatment of intellectual property rights until Dec. 31, the WTO dispute panel hearing the case said in a statement published on Friday.
U.S. stock index futures dropped on Friday, as the long-feared hit to global growth from President Trump's trade war crystallized in slashed sales forecasts from chipmaker Broadcom, and signs of the worst slowdown in Chinese industry in 17 years.
The Great Recession ended a decade ago. Many Americans are still waiting for their finances to improve.
Globe and Mail | Sean Silcoff | June 11, 2019 Toronto accounting software firm Wave Financial Inc. has been purchased by tax services giant H&R Block, Inc. for US$405-million. It’s the latest in a string of “exits” – takeovers or initial public offerings – of venture-backed Canadian firms this year that have commanded relatively large valuations
U.S. stocks opened lower on Friday, weighed down by technology stocks, as the long-feared hit to global growth from President Donald Trump's trade war crystallized in slashed sales forecast from chipmaker Broadcom.
The White House Office of Management and Budget has told the U.S. Congress it will now meet a two-year deadline to ban federal contracts with companies that do business with Chinese telecom giant Huawei, part of a defense law passed last year, according to a letter seen by Reuters.
Nissan Motor's chief executive said on Thursday he would discuss differences in views over the automaker's plan to reform its governance directly with Renault, calling the French car maker an important shareholder and partner, Jiji news agency reported.
Asian stocks stuttered on Thursday, dogged by the uncertainty over an intractable U.S.-China trade dispute, while oil prices flirted with five-month lows thanks to higher U.S. crude inventories and a bleaker demand outlook.
Asian shares were led lower on Thursday as the Hong Kong market fell for second consecutive session following a day of massive street protests, while oil prices flirted with five-month lows due to higher U.S. crude inventories and a bleak demand outlook.
Reliance Capital Ltd said on Thursday the observations of PricewaterhouseCoopers (PwC) about its fiscal accounts were "completely baseless and unjustified", a day after the auditor withdrew from assessing the shadow bank's fiscal year 2018/19 accounts.
Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said on Thursday, suggesting Beijing would soon unveil more policies to bolster growth amid rising U.S. trade pressure.
U.S. private equity investor KKR & Co Inc said on Wednesday it is selling Korea-based KCF Technologies (KCFT) to SKC, an affiliate of South Korean conglomerate SK Group, for 1.19 trillion won ($1 billion).
Switzerland's biggest banks, UBS and Credit Suisse, have improved their capital positions but must strengthen their crisis planning, the Swiss National Bank said on Thursday, citing conclusions of financial watchdog FINMA.
China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are pouring funds into Chinese stocks as the long-term promise of a growing middle class trumps more immediate fears about tariffs.