Ford to close oldest Brazil plant, exit South America truck biz
SAO PAULO/DETROIT (Reuters) – Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move…
China, U.S. start high-level trade talks in Beijing: Xinhua
U.S. trade representative Robert Lighthizer leaves a hotel in Beijing for talks with Chinese officials, China, February 14, 2019. REUTERS/Thomas Peter BEIJING (Reuters) – China and the United States began…
U.S.’ Mnuchin says ‘looking forward’ to China trade talks
U.S. Treasury Secretary Steven Mnuchin, a member of the U.S. trade delegation to China, leaves a hotel in Beijing for talks with Chinese officials, China, February 14, 2019. REUTERS/Thomas Peter…
Trump: China trade talks going ‘very well’ before high-level parley
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Wednesday trade talks with China were “going along very well” as the world’s two largest economies try to resolve their seven-month…
High-margin pickup trucks drive GM profit, shares rise
DETROIT (Reuters) – General Motors Co on Wednesday reported a quarterly profit that exceeded Wall Street expectations, thanks to high-margin pickup trucks and small SUVs in the U.S. market and…
China’s services sector moderates in January but still solid: Caixin PMI
BEIJING (Reuters) – China’s sprawling services sector maintained a solid pace of expansion in January even though growth moderated slightly, a private survey showed on Sunday, offering continued support for…
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, sending shares of the heavy machinery maker tumbling as much…
Overseas losses drag down Ford fourth-quarter results
DETROIT (Reuters) – Ford Motor Co (F.N) on Wednesday posted a lower operating fourth-quarter profit as losses in every global region except North America weighed on results. FILE PHOTO –…
Swiss team develop ‘microswimmer’ robot to deliver drugs through the body
LONDON (Reuters) – – A tiny sliver of elastic material swims along inside a narrow tube, coiling up and changing shape in response to the thickness of fluid and the…
China has ‘good faith’ to fix trade issues as talks with U.S. resume
BEIJING (Reuters) – China has the “good faith” to work with the United States to resolve trade frictions, the Foreign Ministry said on Monday, as the world’s two largest economies…