Garment manufacturers in Bangladesh on Sunday demanded higher export subsidies from the government, saying proposals in the latest national budget, unveiled last week, were not enough to compensate for higher production costs and low prices.
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Safety concerns, trade wars and growing security tensions in the Gulf are dampening spirits at the world’s largest planemakers as they arrive at this week’s Paris Airshow with little to celebrate despite bulging order books.
The head of Boeing Co said on Sunday the U.S. planemaker had made a mistake in implementing a cockpit warning system on the 737 MAX and predicted it would take time to rebuild the confidence of customers in the wake of two fatal crashes.
Intel Corp on Sunday launched an accelerator in Israel to develop technologies in artificial intelligence and autonomous systems, and said it plans to bring the project to other countries as well.
The Canadian government’s contracting arm is backing a proposed new satellite system that will use big data analytics to provide commercially available data about the Earth and its orbit amid growing concerns about the risks posed by space debris.
Two months after she was laid off from her job at MGM Resorts International, Mali Catello is still looking for work.
The Chinese government’s takeover of Baoshang Bank has caused some pain but prevented bigger financial and social instability, and regulators will restructure the lender as soon as possible, a newspaper affiliated to China’s central bank said on Sunday.
Mourad Eulmi, the head of the Algerian family-owned firm SOVAC which runs an assembly plant with Germany’s Volkswagen AG, was questioned in court about corruption accusations on Sunday, state TV reported.
Exclusive: Boeing seeking to reduce scope, duration of some physical tests for new aircraft – sources
Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify the planemaker’s new aircraft, according to industry sources and regulatory officials.
China’s investigation into FedEx Corp over misdirected mail should not be regarded as retaliation against the U.S. company, state news agency Xinhua said on Sunday, amid worsening relations between China and the United States.
The U.S. Navy expects additional U.S. and international orders for the Boeing P-8A Poseidon maritime patrol aircraft in coming months, which should extend production by two years to late 2025, a senior U.S. Navy official told Reuters.
The European Central Bank could set itself a more flexible inflation target given how difficult it has been to boost prices, ECB policymaker Ewald Nowotny said in remarks published on Sunday.
The United States has underestimated the Chinese people’s will to fight a trade war and Beijing is prepared for a long economic battle, an influential Chinese Communist Party journal said on Sunday.
IN JANUARY 2017, three days before President Donald Trump’s inauguration, a businessman from the United Arab Emirates was invited to a lavish dinner planned by Trump’s longtime ally
ndia will impose higher retaliatory tariffs on 28 U.S. products including almonds, apples and walnuts from Sunday, following Washington’s withdrawal of key trade privileges for New Delhi.
Target Corp on Saturday said it was working on a problem that prevented customers in the United States from paying for their purchases.
Longer-term inflation expectations in the euro zone need to come unstuck for the European Central Bank to provide more stimulus, ECB Vice President Luis de Guindos was quoted on Saturday as saying.
The International Monetary Fund has proposed that the European Union improve transparency, regulatory oversight and insolvency rules in its proposals to create a stronger capital market system, a senior IMF official said.
Brazilian retail veteran Michael Klein and his family on Friday gained control of appliance retailer Via Varejo SA from retailer GPA SA in an auction, spending less than initially expected.
Nevada lawmakers passed several housing-related bills in the recently concluded legislative session, affecting such issues as construction defect claims, affordable housing development and evictions.
CFM International has caught up with delays in deliveries of its LEAP jet engine after keeping its assembly lines running at high speed while the Boeing 737 MAX remains grounded, the French-American engine maker said on Saturday.
Facebook said it has boosted its advertising spending to increase its reputation amid privacy controversies, censorship of conservatives and alternative voices, and antitrust investigations
Completion reports filed for June 14, 2019.
Permits to drill issued on June 14, 2019.
British five-a-side soccer pitch operator Goals Soccer Centres is preparing to launch a sale process within months, Sky News reported on Saturday.
Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with the envisioned governance reform, a source said.
The document, titled “Hate Agent Policy Review” outlines a series of “signals” that Facebook uses to determine if someone ought to be categorized as a “hate agent” and banned from the platform
American Airlines Group Inc on Friday asked a federal court to quickly halt an alleged illegal slowdown by mechanics’ unions that has become “devastating” to the airline’s operations.
Oil workers at state-run Petroleo Brasileiro SA have begun a 24-hour strike in eight Brazilian states as part of nationwide protests against a government proposal to reform pensions, umbrella union group FUP said on Friday.
Workers at Volkswagen AG’s assembly plant in the state of Tennessee narrowly voted against union representation, dealing a fresh blow to the United Auto Workers’ (UAW) efforts to unionize a foreign automaker’s plant in the U.S. South.
U.S. President Donald Trump on Friday urged Lockheed Martin Corp to keep open its Sikorsky helicopter plant in Coatesville, Pennsylvania, a week after the weapons maker announced the planned closure of the facility.
The Federal Open Market Committee meeting next week is shaping up as a pivotal one for Wall Street, with stocks primed for a selloff should the Fed fail to take an even more dovish tilt after policymakers raised expectations for a rate cut in recent weeks.
Papa John’s International Inc has appointed Ernst & Young LLP as its auditor for fiscal year ending December 2019 after dropping KPMG LLP, the company said in a regulatory filing on Friday.
Mexican officials blocked Walmart Inc’s deal to buy delivery app Cornershop because Walmart could not guarantee a level playing field for rival retailers, whose customers use the app to order groceries and other goods, according to an official document and an interview with the top competition regulator this week.
U.S. drugmakers on Friday filed a lawsuit to prevent the companies from disclosing the list price of prescription drugs in direct-to-consumer television advertisements as per a newly proposed government regulation.
The nation’s rig count continues to show more signs of weakness as numbers dropped by 6 to 969 while Oklahoma remained steady in the past week. The industry is unsure of the future.
Shareholders in Tulsa’s NGL Energy Partners LP are getting a quarterly distribution.
The Brazilian government has formally asked the World Trade Organization (WTO) to open a panel to investigate Indonesian policies on Brazil’s poultry exports, the Agriculture Ministry said on Friday.
The U.S. Trade Representative’s Office on Monday will kick off seven days of testimony from U.S. retailers, manufacturers and other businesses about President Donald Trump’s plan to hit another $300 billion worth of Chinese goods with tariffs.
Dish Network Corp executives met this week with the U.S. Justice Department’s antitrust chief Makan Delrahim and Federal Communications Commission chairman Ajit Pai on the government’s review of the proposed $26.5 billion tie-up of wireless carriers T-Mobile USA and Sprint Corp.
Private equity group Apollo Global Management is in talks with satellite TV provider Dish Network to finance a bid for wireless assets that will be divested in the proposed merger between T-Mobile and Sprint Corp, according to two people familiar with the matter.
Perdue Foods, one of America’s largest chicken producers, said it will sell frozen chicken nuggets mixed with cauliflower, chickpeas and plant protein to address a growing demand for products combining meat and vegetables.
Moody’s cut Turkey’s sovereign credit rating deeper into “junk” territory on Friday, saying the risk of a balance of payments crisis continued to rise, and with it the risk of a government default.
Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company’s sales this year.
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.
Boeing Co has been awarded a $6.5 billion U.S. defense contract for Joint Direct Attack Munition tail kits, spares, repairs and technical services, the Pentagon said on Friday.
Asian stocks held their ground on Friday after Wall Street gained on a surge in oil prices as attacks on tankers in the Gulf of Oman stoked U.S.-Iran tensions and raised concerns over supply flows through one of the world’s main sea lanes.
U.S. satellite imagery company Maxar Technologies Inc is exploring a sale of its space robotics business, which could fetch more than $1 billion and allow it to pay down some of its debt, according to people familiar with the matter.
Mexico will be ready to retaliate in kind if the U.S. government imposes tariffs on Mexican exports to the United States, Mexican Economy Minister Graciela Marquez said on Friday.
The owner of dating app Bumble said on Friday it would revamp its holding structure and spend $100 million, as it looks to better compete with Match Group’s Tinder.
Oil fell on Friday after sharp gains in the previous session when prices were boosted after attacks on two oil tankers in the Gulf of Oman stoked concerns of reduced crude flows through one of the world’s key shipping routes.
Canada’s Bombardier is opening a new facility in California that will assemble rail cars for San Francisco’s rapid transit system by year’s end, and potentially serve other West Coast rail projects.