French government to ensure Alstom-Bombardier deal creates value: minister
PARIS (Reuters) – The French government will make sure the acquisition of Bombardier’s train business by Alstom creates value for…
Caterpillar lays off 120 workers as trade war hits sales
CHICAGO (Reuters) – Caterpillar Inc (CAT.N) has laid off 120 temporary workers at a plant in Texas following its decision…
Explainer: U.S.-China trade talks – where they are and what’s at stake
WASHINGTON (Reuters) – Senior U.S. and Chinese officials are meeting in Washington on Thursday and Friday in an attempt to…
Deere to slash costs after trade war hits earnings
CHICAGO (Reuters) – Deere & Co. (DE.N) on Friday announced a review of costs after a combination of the U.S.-China…
Wall Street ends sharply higher on German stimulus optimism
NEW YORK (Reuters) – U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic…
Farm equipment maker Deere’s dealers reel from trade war, bad weather
CHICAGO (Reuters) – When China announced this week that it had stopped buying U.S. agricultural products and might impose additional…
Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars
, NEW YORK (Reuters) – Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE) said they will spend billions of dollars…
VW to float 10% of truck unit, seeks to raise 1.9 billion euros
FRANKFURT (Reuters) – Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it…
Auto giants battle used car dealers for Africa’s huge market
JOHANNESBURG/NAIROBI (Reuters) – At the edge of Nairobi’s Ngong Forest, thousands of used cars glitter in the hot sun on…
Caterpillar stock slides on profit miss, China sales forecast
(Reuters) – Caterpillar Inc on Monday missed quarterly earnings estimates, hurt by soft Chinese demand, higher manufacturing and freight costs,…
U.S. environmental agency says in talks with Volvo over emissions issue
STOCKHOLM (Reuters) – The U.S. Environmental Protection Agency said on Wednesday it has been in talks with Volvo over the…
Tariffs threaten market-leading tech, consumer stocks
NEW YORK (Reuters) – U.S. technology and consumer discretionary stocks have been insulated from global trade tensions, but if another…
Factbox: Tributes paid to former Fiat Chrysler CEO Marchionne
(Reuters) – Former Fiat Chrysler Chief Executive Sergio Marchionne, one of the auto industry’s most tenacious and respected auto chiefs,…
Fiat Chrysler picks Jeep boss as CEO as Marchionne’s health worsens
MILAN/PARIS (Reuters) – Sergio Marchionne was replaced as chief executive of Fiat Chrysler (FCA) on Saturday by the head of…
GE merges transportation unit with Wabtec in $11.1 billion deal
(Reuters) – General Electric Co (GE.N) confirmed on Monday it was unloading the bulk of its transportation business which makes…
Exclusive: GE nears deal to merge transportation unit with Wabtec – sources
(Reuters) – General Electric Co (GE.N) is nearing a deal to merge its transportation business, which manufactures train engines, with…
‘Boiled frog syndrome’: Germany’s China problem
SCHROBENHAUSEN, Germany (Reuters) – Bauer, a big producer of construction equipment, is better placed than many German companies that invested…