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Trump vague about whether he will veto bills that back Hong Kong protesters

U.S. President Donald Trump was vague on Friday about whether he would sign or veto legislation to back protesters in Hong Kong as he tries to strike a trade deal with China, and boasted that he alone had prevented Beijing from crushing the demonstrations with a million soldiers.



4 years ago

British Airways, pilots' union agree preliminary pay deal to end dispute

British Airways and its pilots' union BALPA have reached a preliminary agreement to end the pay dispute that resulted in the first walkout by pilots in the airline's history, the union said on Friday.



4 years ago

Talks stall over thousands of job cuts at VW's Audi: sources

Volkswagen's premium unit Audi wants to cut thousands of jobs to fund a costly transition to electric vehicles, but talks with powerful labor representatives have hit a logjam, two sources familiar with the matter told Reuters.



4 years ago

Trump says administration to take 'good look' at Hong Kong rights bill

President Donald Trump said on Friday his administration would take a "good luck" at a Hong Kong bill that passed the U.S. Congress nearly unanimously, as lawmakers awaited his decision on whether he would sign it into law or issue a veto.



4 years ago

Exclusive: UniCredit clinches deal to cut exposure to Turkish lender Yapi Kredi - sources

UniCredit has struck a deal to reduce its exposure to Turkey's Yapi Kredi , three sources told Reuters, a move seen as a first step toward the Italian bank's full exit from the recession-hit country.



4 years ago

A digital bank that raised $110 million from investors including Leonardo DiCaprio has run into trouble

CNBC | Hugh Son | Nov 21, 2019 Key Points The digital bank Aspiration has had difficulty closing its most recent funding round, according to people with knowledge of the matter. The company laid off 15% of its employees last month and has been withholding some payments to vendors since at least the summer, these

4 years ago

Wall Street rises with trade optimism, upbeat economic data

Wall Street rose on Friday with help from positive comments from Washington and Beijing about progress on efforts to reach a U.S.-China trade deal ,and from upbeat domestic economic data.



4 years ago

U.S. banks cram for Fed risk test, with ripple effects in repo

New quarterly data from the biggest U.S. banks suggest that some will need to back away from short-term lending markets by year-end to avoid triggering requirements that they hold more capital.



4 years ago

Wall Street rises with U.S.-China trade mood, upbeat economic data

Wall Street advanced on Friday as both Washington and Beijing made positive comments on the potential for a trade deal between the world's two biggest economies and upbeat domestic economic data helped to ease investor worries.



4 years ago

Dollar, global shares gain on Xi, Trump remarks

The dollar gained and global equity markets rose on Friday on upbeat U.S. economic data while amicable messages from Chinese President Xi Jinping and U.S. President Donald Trump helped defuse tensions over the prolonged U.S.-Sino trade war.



4 years ago

Canadian official's email saying 737 MAX software must go reflects 'working-level' view: regulator

An email sent by an official at Transport Canada urging Boeing to remove an anti-stall system involved in two 737 MAX crashes reflects "working-level discussions" and were not reviewed by the Canadian regulator, the agency said on Friday.



4 years ago

Canadian official's critique of 737 MAX software reflects 'working-level' view: regulator

An email sent by a Transport Canada official urging Boeing to remove an anti-stall system involved in two 737 MAX crashes reflects "working-level discussions" and were not reviewed by the Canadian regulator, the agency said on Friday.



4 years ago

Mexico urges U.S. Congress not to let politics impede trade deal approval

Mexican President Andres Manuel Lopez Obrador on Friday urged U.S. lawmakers not to allow politics to hold up the approval of the United States-Mexico-Canada Agreement (USMCA) trade deal.



4 years ago

Mexico's economy minister tries to dispel concerns over labor reform

Mexico's Economy Minister Graciela Marquez said Friday that U.S. representatives should not be concerned that Mexico can implement its labor reform as the United States still has to approve a trade deal.



4 years ago

WeWork names new executives, path to profitability by 2023: report

WeWork named four men to executive roles on Friday and outlined a six-point path to profitability, though the money-losing flexible office space operator said it will not be cash flow positive until 2023, according to a media report.



4 years ago