Daimler to launch electric compact SUV in 2021: CEO
Mercedes logos are seen ahead of the Shanghai Auto Show, in Shanghai, China April 15, 2019. REUTERS/Aly Song SHANGHAI (Reuters) – Daimler plans to launch an electric compact sport utility…
Oil rally stalls on talk of OPEC+ boosting output
NEW YORK (Reuters) – Oil prices halted their rally on Monday, with both benchmarks down nearly 1 percent, after Russia’s finance minister said Russia and OPEC may decide to boost…
Trump on China trade spat: ‘We’re going to win either way’
U.S. President Donald Trump speaks during a tour of Nuss Truck & Equipment in Burnsville, Minnesota, U.S., April 15, 2019. REUTERS/Carlos Barria BURNSVILLE, Minn. (Reuters) – President Donald Trump said…
Bank results curb Wall Street, oil falls as Russia mulls production boost
NEW YORK (Reuters) – Underwhelming quarterly results from U.S. banks limited gains in world stocks on Monday, and oil prices fell after Russia said it and OPEC may decide to…
U.S. to press allies to keep Huawei out of 5G in Prague meeting: sources
WASHINGTON/LONDON (Reuters) – The United States will push its allies at a meeting in Prague next month to adopt shared security and policy measures that will make it more difficult…
EU says it is ready to launch U.S. trade talks, but without agriculture
BRUSSELS (Reuters) – The European Union is ready to start talks on a trade agreement with the United States and aims to conclude a deal before year-end, European Trade Commissioner…
Wall Street slips as bank earnings disappoint
NEW YORK (Reuters) – Wall Street lost ground on Monday, dragged down by financials as underwhelming bank earnings curbed investor enthusiasm. But while all three major U.S. stock indexes edged…
U.S. airlines face too many travelers, too few planes in 737 MAX summer dilemma
CHICAGO (Reuters) – Normally, U.S. airlines compete to sell tickets and fill seats during the peak summer travel season. But operators of the grounded Boeing 737 MAX are facing a…
Trump urges ‘rebrand’ of 737 MAX, Boeing has other ideas
WASHINGTON/CHICAGO (Reuters) – U.S. President Donald Trump on Monday urged Boeing Co to “rebrand” its 737 MAX jetliner following two fatal crashes, but the planemaker said it was focused on…
In South Korea’s struggling Kia Town, ‘bad jobs’ better than no jobs
GWANGJU, South Korea (Reuters) – Park Byung-kyu once led Kia Motor’s union in the city of Gwangju, fighting for labor protections against the powerful, family-run chaebol that dominated the economy…