Boeing Co's decision to suspend aerospace's biggest production line exposes contrasts in the U.S.-dominated 737 MAX supply chain, severely straining some niche machine shops while giving engine giants time to iron out their own wrinkles.
Wall Street's major indexes inched higher on Tuesday, extending their record-setting rally, as strong housing and manufacturing data bolstered investors' confidence in the U.S. economy.
Shared workplace operator WeWork said on Tuesday it has arranged a $1.75 billion letter of credit with Goldman Sachs that is in the process of being syndicated and whose funds are expected to be available in January.
British American Tobacco (BAT) must stop advertising its e-cigarettes from any public account on Instagram, including influencers' accounts, the UK's advertising watchdog ruled on Wednesday.
Boeing Co is expected to continue burning cash despite pausing production of its 737 MAX jet, as it will leave its workforce intact and likely provide support to suppliers, analysts said.
Santa came early to Asia's stock markets on Tuesday as trade deal optimism, positive economic signals in China and Wall Street's rally sent shares to an 18-month high, while familiar Brexit worries knocked sterling.
Another senior Credit Suisse executive was followed over three days in February, the Neue Zuercher Zeitung reported, suggesting the shadowing of former wealth management boss Iqbal Khan was not an isolated incident as the Swiss bank has said.
Amazon.com Inc is temporarily blocking third-party sellers from using FedEx Corp's ground delivery network to handle Prime shipments as it strives to hit accelerated delivery deadlines this holiday season.
Australia's banking regulator will use its increased investigative powers for the first time to examine whether Westpac Banking Corp directors and executives broke the law as part of the bank's money laundering scandal.
Asian shares rose to their highest in eight months on Tuesday, as trade deal optimism and Wall Street's streak to all-time highs supported sentiment, while familiar fears of a hard Brexit knocked the pound.
U.S. President Donald Trump's top trade negotiator praised a "phase one" U.S.-China trade deal which is expected to nearly double U.S. exports to China over the next two years, while China remained cautious ahead of the signing of the agreement.
Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline and set to stoke oil demand in the world's biggest economies.
Boeing Co said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, its biggest assembly-line halt in more than 20 years, as fallout from two fatal crashes of the now-grounded aircraft drags into 2020.
Boeing Co on said Monday it would suspend production of its best-selling 737 MAX jetliner in January, the firm's biggest assembly-line halt in more than 20 years, as repercussions of two fatal crashes of the now-grounded aircraft drag into 2020.
Qantas Airways Ltd plans to have more experienced pilots on board the world's longest non-stop flights than on its current long-haul flights for the first 18 months as it evaluates fatigue, said sources with knowledge of the matter.