Wall Street last month gave the Federal Reserve its worst grade since Jerome Powell took the helm of the U.S. central bank earlier this year, docking points for a communications misstep early in October that sent U.S. stocks tumbling.
United Continental Holdings Inc has finalized a three-way joint venture with carriers Avianca Holdings SA of Colombia and Copa Airlines of Panama, giving the No. 3 U.S. air carrier a stronger foothold in Latin America where travel demand is rising.
Wall Street rose on Friday as investors hoped for progress on trade in a critical U.S.-China meeting over the weekend, and the S&P 500 and the Nasdaq posted their biggest weekly percentage gains in nearly seven years.
Wall Street rose on Friday with the S&P 500 and Nasdaq posting their biggest weekly percentage gains in nearly 7 years after the U.S. Federal Reserve hinted at a more dovish approach to future interest rate hikes on Wednesday and investors hoped for progress in the U.S.-China trade dispute at a G20 summit.
A U.S. judge in California has granted preliminary approval to a $48 million settlement for investors who said Volkswagen AG made false and misleading statements over its excess diesel emissions.
United Continental Holdings is close to partnering with Latin American carrier Avianca Holdings SA , as the U.S. airline company agrees to pay off debt owed to a hedge fund, the Wall Street Journal reported on Friday.
Oil prices retreated on Friday amid a global glut, racking up a 20 percent drop for November, while most major equity markets kept moves tight ahead of weekend talks between U.S. President Donald Trump and Chinese leader Xi Jinping.
Chinese President Xi Jinping and the leaders of major developing economies condemned protectionism at a G20 summit in Argentina on Friday overshadowed by U.S. President Donald Trump’s threat to escalate tariffs on China.
U.S. President Donald Trump said on Friday “something could very well come out” of his meeting on trade with Chinese President Xi Jinping on the sidelines of a Group of 20 summit in Buenos Aires, a Voice of America reporter said on Twitter.
Chinese President Xi Jinping and the leaders of major developing economies condemned protectionism at a G20 summit in Argentina on Friday overshadowed by U.S. President Donald Trump’s threat to escalate tariffs on China.
France and Japan’s leaders attempted to avert a diplomatic row over the Renault-Nissan-Mitsubishi alliance on Friday, meeting for bilateral talks in the wake of the surprise arrest of its Chairman Carlos Ghosn in Japan.
Progress has been made on the issue of trade for the final communique of the G20 meeting, Argentine Foreign Minister Jorge Faurie said on Friday.
General Motors Co Chief Executive Mary Barra plans to visit Capitol Hill next week to discuss its plans to halt production at five plants in North America next year and cut up to 15,000 jobs, two congressional aides said on Friday.
Oil prices edged lower on Friday due to concerns of oversupply but losses were limited by expectations that the Organization of the Petroleum Exporting Countries (OPEC) and Russia would agree some form of production cut next week.
EU antitrust regulators have asked Google’s rivals if the internet search giant unfairly demotes local search competitors, according to a questionnaire seen by Reuters, a move which could lead to a fourth case against the Alphabet unit.
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