President Xi Jinping is visiting the United States as leader of a China whose image of economic success has taken a beating. Stock market turmoil and a surprise currency devaluation fueled fears of a Chinese …
President Xi Jinping is visiting the United States as leader of a China whose image of economic success has taken a beating. Stock market turmoil and a surprise currency devaluation fueled fears of a Chinese …
Boeing Co has signed deals to sell 300 aircraft to three Chinese firms and set up an aircraft plant in China, becoming the first U.S. firm to clinch a business tie-up in the country since Chinese president Xi Jinping began a U.S. state visit, the official Xinhua news agency said. China’s ICBC Financial Leasing Co, a unit of the Industrial and Commercial Bank of China, on Wednesday separately confirmed it
Boeing Co has signed deals to sell 300 aircraft to three Chinese firms and set up an aircraft plant in China, becoming the first U.S. firm to clinch a business tie-up in the country since Chinese president Xi Jinping began a U.S. state visit, the official Xinhua news agency said. China’s ICBC Financial Leasing Co, a unit of the Industrial and Commercial Bank of China, on Wednesday separately confirmed it
Wall Street fell more than 1.5 percent on Tuesday morning amid a decline in commodity prices and continuing uncertainty about when the Federal Reserve will raise interest rates.
Martin Winterkorn’s days as head of Volkswagen AG appeared numbered on Tuesday after the German carmaker said a scandal over falsified vehicle emission tests in the United States could affect 11 million of its cars worldwide. The Tagesspiegel newspaper, citing unidentified sources on Volkswagen’s supervisory board, said the board would decide on Friday to replace the 68-year-old with Matthias Mueller, the head of the automaker’s Porsche sports car business. A
International Monetary Fund Director Christine Lagarde said on Tuesday the downside risks to global growth have increased, including from slower Chinese growth. “The downside risks are greater than …
NEW YORK/WASHINGTON, Sept 22 (Reuters) – The United States and Cuba plan to hold talks in Havana next week on normalizing airline service, a U.S. official said on Tuesday, a step that could benefit U.S. carriers if the island becomes open to American tourism. The talks will take place Sept. 28-29, the official said, as Washington and Havana inch toward normal relations after more than half a century of hostility
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U.S. stocks traded sharply lower, pressured by continued anxiety over slowing global growth following the Fed’s decision to keep rates unchanged.