Asian shares inched higher on Friday, on course to post the second straight week of gains, helped by hopes governments will make provisions to soften the impact on their economies from the coronavirus epidemic.
French carmaker Renault warned that auto demand remained volatile, cut its dividend for 2019 and set a lower operating margin goal for 2020, a crunch year in which it wants to reboot its partnership with Japan's Nissan .
Samsung Electronics said on Friday that board chairman Lee Sang-hoon, who was sentenced to jail in December for sabotaging union activities, had offered to resign, without elaborating on a reason.
An Australian investigator who helped bring criminal cartel charges against Citigroup Inc and Deutsche Bank AG told a court he met agents from another regulator in a cafe to discuss the matter but the talks were "high level" only.
Shares of Nissan Motor Co fell to their lowest in 10-1/2 years on Friday, tumbling nearly 10% after the struggling Japanese automaker cut its annual profit forecast and said it would not pay a dividend in the second half.
The U.S. government on Friday said it would increase tariffs on aircraft imported from the European Union to 15% from 10%, ratcheting up pressure on Brussels in a nearly 16-year transatlantic dispute over aircraft subsidies.
International Business Machines Corp on Friday said it had canceled its participation in the RSA cyber security conference due to coronavirus-related concerns.
The U.S. government on Friday raised tariffs on aircraft imported from the European Union, ratcheting up pressure on the EU to resolve an epic 16-year-old dispute over support for airplane makers, and raising the stakes in broader talks to reach a U.S.-EU trade deal.
The U.S. government on Friday said it would increase tariffs on aircraft imported from the European Union to 15% from 10%, ratcheting up pressure on Brussels in a nearly 16-year transatlantic dispute over aircraft subsidies.
The U.S. Court of International Trade has issued a temporary order under which U.S. customs agents cannot collect duties from a U.S. company under President Donald Trump's recently-announced expansion of steel and aluminum tariffs.
International Business Machines Corp on Friday said it had canceled its participation in the RSA cyber security conference due to coronavirus-related concerns.
The U.S. government's decision to raise tariffs on European-built aircraft will hit U.S. airlines already facing a shortage of aircraft and complicate efforts to reach a negotiated settlement with the European Union, Airbus said.
The U.S. Trade Representative's office said on Friday it has established a dispute resolution office and complaint hotline to enforce President Donald Trump's "Phase 1" trade deal with China, which takes effect on Saturday.
Boeing Co told the U.S. Federal Aviation Administration it does not believe it needs to separate or move wiring bundles on its grounded 737 MAX jetliner that regulators have warned could short circuit with catastrophic consequences, people familiar with the matter said on Friday.
Boeing Co has provided preliminary recommendations to the U.S. FAA to address concerns over wiring bundles on its grounded 737 MAX jetliner, people familiar with the matter said on Friday.