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Global airlines slash profit forecast on protectionism fears

Global airlines slashed a widely watched industry profit forecast by 21% on Sunday as an expanding trade war and higher oil prices compound worries about an overdue industry slowdown.



4 years ago

Ministers at Forthcoming G20 Summit in Japan to May Create Global Cryptocurrency Exchange Registry

Finance Ministers and Central Bank Governors from the globe’s twenty most powerful economies are “expected” to collaborate on creating a global registry of cryptocurrency exchanges when they meet at the G20 Conference in Fukuoka, Japan, in June, Nikkei Asian Review (NAR) reports. G20 government personnel meeting... Read More


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4 years ago

Italy says it won't seek fight with EU, amid talk of government crisis

The Italian government is confident it can reach a compromise with Brussels and avoid sanctions over its deteriorating public finances, the economy minister said as talk of a looming government crisis grew.



4 years ago

Mexico's Economy Minister to meet Wilbur Ross over U.S. tariff threat

Mexico's Economy Minister Graciela Marquez said on Sunday she would meet with U.S. Commerce Secretary Wilbur Ross in Washington on Monday, two days before the neighboring countries are due to discuss possible tariffs on Mexican goods.



4 years ago

Explainer: Why Google has a target on its back in Washington

The U.S. Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to ensure fair competition, two sources familiar with the matter said.



4 years ago

Mexico and U.S. gear up for tariff talks, Trump doubles down on threat

Top Mexican and U.S. officials on Sunday prepared for crunch talks next week aimed at averting a major trade clash after U.S. President Donald Trump vowed to impose punitive tariffs on all Mexican goods in an intensifying dispute over migration.



4 years ago

Some Boeing 737 MAX planes may have faulty parts: FAA

The U.S. Federal Aviation Administration said on Sunday some Boeing Co 737 MAX and NG planes may have parts that were improperly manufactured and that it will require their replacement, the latest issue to hit the world's largest plane maker.



4 years ago

Mexican president says he wants to stay friends with Trump, American people

Mexican President Andres Manuel Lopez Obrador said on Sunday that Mexico is a friend of the American people and that he wants to continue being friends with his U.S. counterpart Donald Trump.



4 years ago

Exclusive: FCA discusses improved Renault merger bid to win French backing

Fiat Chrysler is discussing a Renault special dividend and stronger job guarantees in a bid to persuade the French government to back its proposed merger between the carmakers, sources close to the discussions said.



4 years ago

Top Trump official says tariffs on Mexico will not derail trade deal

Top administration officials said on Sunday that U.S. President Donald Trump's proposed tariffs on Mexican imports would not interfere with the finalization of a North American trade pact and were designed to force Mexico's hand in immigration talks.



4 years ago

Mexico starts talks in Washington early over U.S. tariff threat

Mexico's Economy Minister Graciela Marquez said on Sunday she would meet with U.S. Commerce Secretary Wilbur Ross in Washington on Monday, two days before the neighboring countries are due to discuss possible tariffs on Mexican goods.



4 years ago

Explainer: Why Google has a target on its back in Washington

The U.S. Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to ensure fair competition, two sources familiar with the matter said.



4 years ago

Italy says it won't seek fight with EU, amid talk of government crisis

The Italian government is confident it can reach a compromise with Brussels and avoid sanctions over its deteriorating public finances, the economy minister said as talk of a looming government crisis grew.



4 years ago

Facebook in talks with U.S. derivatives regulator over digital currency plans: FT

Facebook Inc is in talks with the U.S. derivatives regulator, the Commodity Futures Trading Commission (CFTC), over the social media company's plans for a digital currency, the Financial Times reported on Sunday.



4 years ago

U.S. regulators say some Boeing 737 MAX planes may have faulty parts

The U.S. Federal Aviation Administration on Sunday disclosed a new problem involving Boeing Co's grounded 737 MAX, saying that more than 300 of that troubled plane and the prior generation 737 may contain improperly manufactured parts and that the agency will require these parts to be quickly replaced.



4 years ago