Asian stocks, already under pressure from growing global growth fears, tumbled on Thursday after New York markets slumped overnight because the United States opened a new trade war front by saying it will impose tariffs on $7.5 billion of goods from the European Union.
The United States on Wednesday said it would slap 10% tariffs on European-made Airbus planes and 25% duties on French wine, Scotch and Irish whiskies, and cheese from across the continent as punishment for illegal EU aircraft subsidies.
A U.S. panel has asked Boeing Co to make a company engineer available for an interview regarding an internal ethics complaint the engineer filed that raised questions about Boeing's safety culture, Bloomberg reported on Wednesday.
A U.S. panel has asked Boeing Co to make an engineer available for an interview regarding an internal ethics complaint the engineer filed on the safety of the now-grounded 737 MAX jet.
Oil futures rebounded on Thursday, reversing losses earlier in the day, as fears over the worsening global economic outlook that hit prices hard in the previous session gave way to modest hopes for progress in resolving the U.S.-China trade war.
Alabama aerospace workers won an unexpected reprieve from escalating trade tensions on Wednesday when the United States spared an Airbus plant in the state from the impact of tariffs against the European planemaker - at least for now.
Asian stocks skidded to a one-month low on Thursday after the United States opened a new front in its trade dispute with Europe by imposing tariffs, adding to already-growing market fears about global growth.
Amazon.com Inc will launch its virtual assistant Alexa in Brazil starting this month, with plans for three different devices with the software installed, as it rapidly expands operations in Latin America's largest economy.
UK's Civil Aviation Authority said 44 flights are scheduled to fly on Wednesday to bring back 7,100 people back to the country, following the collapse of travel firm Thomas Cook.
Credit Suisse on Wednesday said it expects an estimated $250 million boost in annual profit from higher net interest income it expects to reap by calculating risk-weighted assets in dollars rather than Swiss francs.
Oil rebounded from several days of falling prices after industry data showed a surprise drop in U.S. crude inventories, offsetting weak economic readings in the United States that have depressed global stock markets.
Tesla Inc's China factory aims to start production this month but it is unclear when it will meet year-end production targets due to uncertainties around orders, labor and suppliers, sources with knowledge of the matter said.
Tesco , Britain's biggest retailer, said on Wednesday its chief executive Dave Lewis will step down next summer and be succeeded by Ken Murphy, an executive at Walgreens Boots Alliance .
Global shares fell to one-month lows on Wednesday after U.S. manufacturing activity tumbled to more than a decade low, sparking worries that the fallout from the U.S.-China trade war is spreading to the U.S. economy.
The owners of Paddy Power Betfair and Poker Stars have agreed to merge in an all-share deal that will create the world's largest online betting and gambling company by revenue to take advantage of the opening up of U.S. markets.