The US decision to increase tariffs on planes imported from the EU further escalates trade tensions between the two blocks, the European aircraft maker Airbus says.
The US Secretary of State Mike Pompeo stated on Saturday Western values promoted by the US across the world would prevail over Chinese and Russian attempts to re-create their "empires".
Mark Esper, the US Secretary of Defense, stated on Sunday that American companies and its allies were working to find an alternative to Chinese 5G merchants.
The Deputy Foreign Minister of China Qin Gang on Saturday expressed confidence that the coronavirus epidemics would end soon and the economic recovery would be fast.
Michele Viale, the head of the Italian Alstom Ferroviaria, was under investigation by Italy's prosecutors over the deadly high-speed train incident that occurred on February 6.
The US Commerce Department retail sales report showed that consumer spending in the United States rose by 0.3% in January after a weak holiday season.
On Friday, the state-backed Beijing Daily newspaper reported that Beijing's authorities have imposed 14 days self-quarantine on those people, returning to the capital city.
Shares of Kraft Heinz, in which the Brazilian private equity firm 3G and Warren Buffett's Berkshire Hathaway own major stakes, fell by 4% on Friday after Fitch cut the company's credit rate to "junk".
Delta Air Lines would spend $1B in the next 10 years to fight global air travel climate impact. The company announced on Friday.
The US Commerce Department retail sales report showed that consumer spending in the United States rose by 0.3% in January after a weak holiday season.
The Dow Jones Industrial Average and the S&P 500 traded flat on Friday, as concerns about the coronavirus epidemic in China showed no signs of easing.
On Friday, the common European currency rebounded against the US Dollar after data showed that the Eurozone GDP grew by 0.1% in the fourth quarter.
Michele Viale, the head of the Italian Alstom Ferroviaria, has been placed under investigation by Italy's prosecutors, over the deadly high-speed train incident that occurred on February 6.
On Friday, the state-backed Beijing Daily newspaper reported that Beijing's authorities have imposed 14 days self-quarantine on those people, returning to the capital city.
Fiat Chrysler announced on Friday it temporarily halted its output at the Serbian factory amid components disruptions, which sourced from China, as businesses had been hit by the coronavirus outbreak.
On Friday, Britain's Prime Minister Boris Johnson has welcomed the new cabinet of senior ministers, pledging to repay the voters' trust by building more hospitals, improving infrastructure and cutting crime.
Large airlines are suspending their flights to China due to the coronavirus outbreak, including such giants as American Airlines, Air France, British Airways, Lufthansa, Qatar Airways and many others.
Renault reported on Friday its first loss in the last ten years and trimmed its margin target for 2020, as the carmaker tries to reboot its alliance with Nissan after the Carlos Ghosn scandal.
Volkswagen is planning to shut down two of its coal-fired power stations located at the main plant in Germany's Wolfsburg, with the intention to cut down its carbon dioxide emissions, the CEO Herbert Diess stated on Friday.
On Friday, Nissan Motor shares plunged to their lowest level in ten-and-a-half years, falling about 10% after the Japanese carmaker trimmed its annual profit outlook and claimed it would not make a dividend payment in the second half.
MyTheresa, the online lux-fashion retailer, has plans for listing on the NY Stocke Exchange and could take place as soon as April 2020, Reuters reported.
Mattel topped estimates for its quarterly profit results, benefited from a strong cost-cutting programme, despite the company's Q4 North American sales of the flagship Barbie brand were hit by Hasbro's "Frozen" dolls.
Tesla is planning to attract $2.0B by a share sale, tapping into extraordinary jump in the carmaker's share price during the past few months, as well as reversing its policy of avoiding new stock sales.
Roku is expecting its annual revenue to be in the $1.58B-$1.62B range, topping Wall Street forecasts, driven by the new streaming services launches, sending the company's shares up 10%.