Buying out of the crisis: EU offers €6,000 compensation for migrants
The European Union has given more details about how it plans to help member states deal with the influx of migrants to the continent, as it attempts to quell the…
Exclusive: BMW to raise prices of two U.S.-made SUV models in China
BEIJING (Reuters) – German carmaker BMW (BMWG.DE) said it will raise the prices of two U.S.-made crossover sport-utility vehicles in China to cope with the additional cost of tariffs on…
Bayer hits back at new Netflix medical device documentary
NEW YORK (Reuters) – Bayer AG disputed accusations in a new Netflix documentary that claims medical device makers and the U.S. Food and Drug Administration placed profits before patient safety.…
Trump eases car tariff threat as U.S., EU launch talks to quell trade tensions
WASHINGTON (Reuters) – In what the EU chief called a “major concession,” U.S. President Donald Trump agreed on Wednesday to refrain from imposing car tariffs while the two sides launch…
Strike-hit Ryanair warns of job losses as cuts Dublin fleet
DUBLIN (Reuters) – Ryanair (RYA.I) has told more than 300 pilots and cabin crew that they risk losing their jobs as it cuts its Dublin-based fleet by 20 percent for…
Exclusive: General Electric’s power unit faces threat in Saudi Arabia
NEW YORK and ABU DHABI (Reuters) – One of General Electric Co’s (GE.N) largest and most valuable customers, Saudi Arabia, is lining up competitors to bid against GE for lucrative…
Airbus says unnamed buyer signs provisional deal for 10 A320neo
FARNBOROUGH, England (Reuters) – Airbus (AIR.PA) said on Thursday it had won a provisional order from an undisclosed customer for 10 A320neo planes worth $1.1 billion at list prices. FILE…
Boeing in talks with Airbus, others for German helicopter bid
LONDON (Reuters) – Boeing Co (BA.N) is in talks with Airbus (AIR.PA) and other companies about joining its bid for a 4 billion euro ($4.7 billion) heavy-lift helicopter contract in…
Fast-growing e-cigarette maker Juul to launch in UK
LONDON (Reuters) – Silicon Valley e-cigarette start-up Juul Labs is bringing its small flash drive-sized vaping device to the United Kingdom this week, aiming to reproduce its break-neck U.S. growth…
Thyssenkrupp in leadership turmoil as chairman quits
DUESSELDORF/FRANKFURT (Reuters) – The chairman of Germany’s Thyssenkrupp (TKAG.DE) has resigned, following the company’s chief executive under pressure from activist shareholders demanding a radical restructuring of the embattled industrial conglomerate.…