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Apple's Cook to China: keep opening for sake of global economy

23 mins ago DieselGasoil Comments Off on Apple's Cook to China: keep opening for sake of global economy
FILE PHOTO: Apple CEO Tim Cook attends the China Development Forum in Beijing, China, March 18, 2017. REUTERS/Thomas Peter BEIJING (Reuters) – Apple chief executive Tim Cook nudged China on Saturday to open up and said the future would depend on global collaboration, as the United States and China remained locked in a bitter trade Read More

Boeing’s latest crashes pose serious risk to global AI development – analysts

2 hours ago DieselGasoil Comments Off on Boeing’s latest crashes pose serious risk to global AI development – analysts
Two deadly crashes involving Boeing’s newest airplane in less than six months puts in jeopardy not only the credibility of the manufacturer, but also new technologies actively being pushed by the world’s top tech firms. All Boeing 737 MAX 8 planes operated by global carriers were grounded earlier this month after an Ethiopian Airlines aircraft Read More

Wall Street Week Ahead: Doubts increase that first quarter will be earnings low point

6 hours ago DieselGasoil Comments Off on Wall Street Week Ahead: Doubts increase that first quarter will be earnings low point
NEW YORK (Reuters) – As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid In Read More

Viacom, AT&T negotiations weigh on possible CBS tie-up: sources

8 hours ago DieselGasoil Comments Off on Viacom, AT&T negotiations weigh on possible CBS tie-up: sources
(Reuters) – Viacom Inc’s bitter contract renewal talks with AT&T Inc’s DirecTV that could see the blackout of MTV, Nickelodeon and Comedy Central by midnight Friday are weighing on a possible tie-up of CBS and Viacom, sources familiar with the discussions said. FILE PHOTO: The Viacom office is seen in Hollywood, Los Angeles, California, April Read More

U.S. lawmaker seeks Boeing whistleblowers, some MAX 737 orders in jeopardy

9 hours ago DieselGasoil Comments Off on U.S. lawmaker seeks Boeing whistleblowers, some MAX 737 orders in jeopardy
WASHINGTON/JAKARTA (Reuters) – A U.S. lawmaker on Friday urged current or former Boeing Co and Federal Aviation Administration (FAA) employees to come forward with any information about the certification program for the 737 MAX, which has suffered two fatal crashes in five months. Boeing and the FAA are under global regulatory scrutiny over software and Read More

Some Boeing 737 MAX orders in jeopardy, U.S. pilots try software fix

10 hours ago DieselGasoil Comments Off on Some Boeing 737 MAX orders in jeopardy, U.S. pilots try software fix
JAKARTA/CHICAGO (Reuters) – Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets because some passengers say they would be frightened to board the plane after two fatal crashes, although industry analysts said the deal was already in doubt. Still, Garuda is the first airline to publicly announce plans to Read More

‘Like Netanyahu’s spokesman’: What is behind Trump’s call to recognize Golan Heights as Israeli

10 hours ago DieselGasoil Comments Off on ‘Like Netanyahu’s spokesman’: What is behind Trump’s call to recognize Golan Heights as Israeli
Washington seems to be eager to once again blatantly violate international law, only to allegedly rig polls in another state in favor of one man – the Israeli prime minister, analysts believe. US President Donald Trump has once again baffled the world with a tweet – this time by calling on the US to “fully Read More

Yield curve inverts for first time since 2007 on global growth worries

12 hours ago DieselGasoil Comments Off on Yield curve inverts for first time since 2007 on global growth worries
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – U.S. markets received a clear warning of coming recession on Friday when the spread between yields on three-month Treasury bills and 10-year notes fell below zero for the first time Read More

In foreboding sign for U.S. economy, factory sector softens

13 hours ago DieselGasoil Comments Off on In foreboding sign for U.S. economy, factory sector softens
WASHINGTON (Reuters) – U.S. manufacturing activity unexpectedly cooled in March, a troubling sign for the economy although the housing market showed signs lower interest rates were giving it a boost. A man walks his dog past a mural depicting factory workers in the historic Pullman neighborhood in Chicago November 20, 2014. REUTERS/Andrew Nelles Financial data Read More

U.S. Treasuries signal trouble, stocks fall after weak data

13 hours ago DieselGasoil Comments Off on U.S. Treasuries signal trouble, stocks fall after weak data
NEW YORK (Reuters) – Stocks around the world fell and U.S. Treasuries yields sent out warning signs of a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March Read More