U.S. Federal Aviation Administration (FAA) on Friday issued an order to revoke the repair station certificate of Xtra Aerospace LLC, which repaired a sensor suspected of contributing to the crash of a Lion Air 737 MAX a year ago.
PwC Global | Oct 15, 2019 Crossing the lines: How fintech is propelling Financial Services and Technology, Media, and Telecommunications firms out of their lanes The lines between financial services (FS) and technology, media and telecommunications (TMT) firms have blurred to the point that the roads are a free-for-all and previously distinct sectors are colliding.
Wall Street opened marginally lower on Friday, as a dour sales forecast from Amazon overshadowed another set of strong results in what has so far been an upbeat third-quarter earnings season.
The number of women in senior roles at financial services firms in Britain has flatlined since 2005 despite diversity "rhetoric" from industry, according to research from the Financial Conduct Authority.
A final Indonesian report on the fatal crash of Lion Air flight 610 published on Friday details stress and confusion in the cockpit as the Boeing 737 MAX's MCAS software, misled by faulty sensor readings, repeatedly lowered the plane's nose.
Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products, but in return, Beijing will request cancellation of some planned and existing U.S. tariffs on Chinese imports, people briefed on the talks told Reuters.
Geopolitical tensions, muted economic data and mixed earnings stymied global stocks on Friday with sterling languishing near a one week lows amid a new bout of Brexit anxiety.
Speculation the Federal Reserve will continue cutting interest rates well past its policy meeting next week is pushing some bond fund managers into assets ranging from short-term Treasury bills to half-paid off 15-year home mortgages.
Oil prices were steady on Friday but were on track for the strongest weekly gains in more than a month as support from falling U.S. crude inventories, optimism over a U.S.-China trade deal and possible action from OPEC and its allies to extend output cuts outweighed broader economic concerns.
U.S. and Chinese trade officials are "close to finalizing" some parts of an agreement after high-level telephone discussions on Friday, the U.S. Trade Representative's office said, adding that deputy-level talks would proceed "continuously."
Coindesk | William Foxley | Oct 25, 2019 Xi Jinping, President of the People’s Republic of China and General Secretary of the Communist Party of China, said the country needs to “seize the opportunity” afforded by blockchain technology. Speaking as part of the 18th collective study of the Political Bureau of the Central Committee on
A strike by General Motors will likely slash at least 46,000 jobs from October's nonfarm payrolls, a Labor Department report showed on Friday.
The S&P 500 on Friday rose above its record closing high after a report that the United States and China were close to finalizing parts of a trade pact.
Verizon Communications Inc beat Wall Street estimates for third-quarter profit and revenue on Friday, as the largest U.S. wireless carrier cut prices of its unlimited plans to pull in more subscribers who pay monthly bills.
Makers of airless tires such as Japan's Bridgestone Corp. hope driverless cars will herald a breakthrough for their niche technology, which is more than a decade old but underperforms standard tires in every way except resistance to puncture.