A federal judge on Thursday rejected Southwest Airlines Co's bid to dismiss a discrimination lawsuit by an American of Iraqi descent who was removed from a 2016 flight after another passenger heard him speak in Arabic and feared he might be a terrorist.
Global equity markets extended a year-end rally on Thursday that has pushed U.S. and world stock benchmarks to record highs, while bond yields in Europe rose after Sweden stopped five years of negative interest rates, signaling the end of a sub-zero era.
Wall Street's major indexes resumed their rally with fresh records on Thursday as U.S. Treasury Secretary Steven Mnuchin said an initial U.S.-China trade deal would be signed in early January.
Australia's corporate watchdog said on Friday it had begun civil penalty proceedings in Federal Court against a unit of Volkswagen AG for allegedly not making appropriate checks before giving out 49,380 loans to consumers.
Brazil's planemaker Embraer S.A. said it is studying the development of a new light military transport plane together with the Brazilian Air Force, the company said in a statement on Thursday.
Oil prices fell on Wednesday after U.S. industry data showed a surprise build in crude inventories, but expectations for firmer demand next year prevented a bigger fall in prices.
Fiat Chrysler (FCA) and Peugeot maker PSA said on Wednesday they had agreed on a binding merger in a $50 billion deal that will pave the way to the creation of the world's fourth-largest car maker.
Oil prices dropped on Wednesday after U.S. industry data showed a surprise build in crude inventories, but expectations for firmer demand next year kept losses in check.
Alphabet Inc's Google has settled a "longstanding" tax dispute with Australia's tax office, it said on Wednesday, after paying an extra A$481.5 million ($326.75 million) on top of its previous tax bill.
U.S. electric vehicle maker Tesla Inc is considering cutting the prices of its China-built Model 3 sedans by 20% or more next year, Bloomberg reported on Wednesday, citing people familiar with the plans.
Trade groups representing some of the world's biggest firms plan to lobby U.S. officials and Indian lawmakers in a bid to dilute parts of an Indian privacy bill which could hurt businesses, three sources familiar with the plans told Reuters.
Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over a roughly $50 billion merger that will reshape the global car industry.
Fiat Chrysler (FCA) and Peugeot maker PSA merger is good news for France, Europe and also for the car industry, France's Finance Minister Bruno Le Maire told Reuters on Wednesday.
Fiat Chrysler will meet Italian trade unions in Turin on Friday to discuss the details of a merger deal with French rival PSA , the FIM-CISL union said on Wednesday.
Airbus will end the year with all major civil aircraft programs showing a book-to-bill ratio above 1, sales chief Christian Scherer said on Wednesday.