Asian shares ticked higher on Monday after Beijing surprised markets by trimming a key interest rate for the first time since 2015, stirring speculation that further stimulus was on the way for the world's second-largest economy.
The bank forecasts global economic growth of 3.2% next year, compared to 3% in 2019.
Ford Motor Co has tried and failed to generate interest in utilitarian electric vehicles such as a battery-powered Focus compact car. Now, the company is using the high-performance image of its Mustang muscle cars to sell an electric SUV. Here are some details of the Mustang Mach E's design and performance.
The Mustang Mach E electric sport utility vehicle Ford Motor Co unveiled in Los Angeles on Sunday is more than another car for the storied automaker.
Asian share markets got the week off to a muted start on Monday as jaded investors awaited real evidence on progress in the U.S.-China trade dispute, though sentiment found support from another record close on Wall Street.
Japanese telco SoftBank Corp on Monday announced plans to merge its internet unit Yahoo Japan with messaging app operator Line Corp as it scoops up troubled internet companies to bulk up against rivals like Rakuten Inc .
Samsung's plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it's a strategy fraught with risks, people with familiar with the move said.
HP Inc said on Sunday it was open to exploring a bid for U.S. printer maker Xerox Corp after rebuffing a $33.5 billion cash-and-stock acquisition offer from the latter as "significantly" undervaluing the personal computer maker.
Airbus and Boeing fought to save billions of dollars of jet deals on Sunday as host airline Emirates kept the Dubai Airshow in suspense over dozens of tentative orders designed to fine-tune the world's largest international airline network.
Sluggish inflation gives the Federal Reserve the leeway to keep borrowing costs low and help draw more workers into the labor market, San Francisco Federal Reserve Bank President Mary Daly said on Saturday.
Japan's Nissan Motor Co Ltd has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire.
Here are some of the most interesting analyst calls of the week
Sluggish U.S. inflation means the Federal Reserve can keep borrowing costs where they are without much cost and with a lot of potential benefit for workers, San Francisco Federal Reserve Bank President Mary Daly said on Saturday.
Walt Disney, Walmart, Nike and Starbucks are among a small group of elite consumer companies that have overcome fears of digital disruption.
Boeing said on Saturday the U.S. Federal Aviation Administration and other global regulators would decide the timing of the return to service of its 737 MAX, which has been grounded since March in the wake of two fatal crashes.