DevEx | William Worley | Feb 11, 2020 OXFORD, England — The head of the United Nations Development Programme has outlined four key factors he says will define the future of development. In a speech at the Oxford Forum for International Development, Achim Steiner — the UNDP administrator who previously led the U.N. Environment Programme and the
U.S. industrial production fell 0.3% in January as unseasonably warm weather held down the output of utilities and Boeing Co slowed production of civilian aircraft, the Federal Reserve said on Friday.
Some of the world's biggest aircraft buyers are urging the European Union to clear Boeing's tie-up with Embraer, fearing Embraer's commercial aviation business would struggle on its own now Airbus has swallowed its main competitor in regional jets.
Huawei's cyber security chief said on Friday that he was not aware of any mobile operator ever having given the Chinese company access to the equipment used to intercept calls when required to do so by security services.
Wall Street's main indexes were headed for a muted open on Friday, as concerns over the economic fallout of the coronavirus outbreak overshadowed a handful of positive earnings reports.
Tesco , Britain's biggest retailer, unlawfully stopped major supermarket rivals from opening shops near its stores, the country's competition regulator said on Friday.
While private equity and venture capital look quite similar on the surface, the way they achieve their aims is very different. Continue reading
A consortium led by U.S. entertainment giant MGM Resorts International has been named as the lead bidder for an integrated casino complex in Osaka, the local government said on Friday.
Volkswagen said it will compensate owners of its heavily polluting diesel vehicles in Germany in a settlement that will cost the German carmaker 830 million euros.
Shares of Nvidia Corp rose 6% on Friday after the chipmaker stunned analysts with strong quarterly results and joined rivals Intel Corp and Advanced Micro Devices Inc in predicting strong demand for chips used in the latest generation of data centers and AI.
"You're not used to hearing these hard-bitten executives say, 'I'm personally, personally worried,'" CNBC's Jim Cramer said.
The S&P 500 and the Dow barely moved on Friday, as worries over an economic hit from the coronavirus outbreak refrained investors from making big bets ahead of a long weekend, while gains in Nvidia shares kept the Nasdaq in positive territory.
Fiat Chrysler (FCA) said on Friday it had temporarily halted production at its Serbian plant due to disruptions related to components sourced from China, where businesses have been hampered by the outbreak of a new coronavirus.
Alphabet Inc's Google is in talks with publishers on paying a licensing fee for content that would be packaged in a premium news product, the Wall Street Journal reported https://www.wsj.com/articles/google-in-talks-to-pay-publishers-for-content-in-premium-news-product-11581689169, citing people familiar with the matter.
NMC Health is still trying to unravel details about the holdings of the company's top investors, it said on Friday after announcing that one of its controlling shareholders had resigned from the board.