Latest News

General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival engaged in bribery over many years to corrupt the bargaining process with the United Auto Workers (UAW) union and gain wage and work practices advantages over GM.\n \n
German auto supplier Continental on Wednesday said it would pare back its engine manufacturing activities as more stringent emissions rules threaten demand for combustion engine components, resulting in around 5,040 job losses by 2028.\n \n
U.S. President Donald Trump said on Wednesday the United States is continuing to talk to China but gave no other details, as both sides tried to hammer out a phase one trade deal ahead of looming U.S. tariffs due next month.\n \n
Malta\'s biggest bank failed for years to detect or address risks involving thousands of payments, the European Central Bank (ECB) said, detailing \"severe shortcomings\" that could have allowed money laundering or other criminal activities.\n \n
Apple Inc said on Wednesday it had started construction of a new campus in Austin, Texas, beside its existing facility where it makes the new MacBook Pro laptops.\n \n
Lowe\'s Cos Inc raised its annual profit forecast on Wednesday, helping ease concerns over the health of the U.S. consumer after larger rival Home Depot Inc cut its full-year sales estimates ahead of the all-important holiday season.\n \n
Target Corp signaled a strong start to the holiday season and raised its full-year earnings forecast on Wednesday, betting on its aggressive push into faster delivery and investments in store revamps, sending its shares up 13{7e55f227b9594c526abdb703ffedf021d19f003c7b69240049ece966b09e1f88}.\n \n
The U.S. government said on Wednesday it has begun issuing licenses for some companies to supply goods to China\'s blacklisted telecommunications firm Huawei, providing long-awaited clarity to the industry.\n \n
Emirates agreed to buy its first Boeing 787 Dreamliners in a last-minute, $9 billion deal at the Dubai Airshow on Wednesday while reducing its order for the U.S. planemaker\'s delayed 777X model.\n \n
Oil prices rose more than 2{7e55f227b9594c526abdb703ffedf021d19f003c7b69240049ece966b09e1f88} on Wednesday after a better-than-expected U.S. crude inventories report and as Russia said it would continue its cooperation with OPEC to keep the global oil market balanced.\n \n

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