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Foxconn says Wisconsin factory production to launch by 2020

6 hours ago DieselGasoil Comments Off on Foxconn says Wisconsin factory production to launch by 2020
(Reuters) – Foxconn Technology Group Ltd said on Monday it will complete work on a new factory in Wisconsin to assemble liquid crystal display screens and start production before the end of next year. FILE PHOTO: A Foxconn logo is seen before the arrival of U.S. President Donald Trump as he participates in the Foxconn Read More

Global stocks rise, dollar slips as traders price in accommodative Fed stance

15 hours ago DieselGasoil Comments Off on Global stocks rise, dollar slips as traders price in accommodative Fed stance
LONDON (Reuters) – Global shares hit their highest levels in five months and the dollar dipped on Monday, as traders began to price in the likelihood of the U.S. Federal Reserve sticking to an accommodative stance at its policy meeting this week. FILE PHOTO: The London Stock Exchange Group offices are seen in the City Read More

Asia shares, bonds count on Fed to be accommodative

22 hours ago DieselGasoil Comments Off on Asia shares, bonds count on Fed to be accommodative
SYDNEY (Reuters) – Asian shares pulled ahead on Monday while bonds were in demand globally on mounting speculation the U.S. Federal Reserve will sound decidedly dovish at its policy meeting this week. FILE PHOTO : A man looks at an electronic stock quotation board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, November Read More

Asia shares, bonds underpinned as Fed seen accommodative

1 day ago DieselGasoil Comments Off on Asia shares, bonds underpinned as Fed seen accommodative
SYDNEY (Reuters) – Asian shares pulled ahead on Monday while bonds were in demand globally on mounting speculation the U.S. Federal Reserve will sound decidedly dovish at its policy meeting this week. FILE PHOTO : A man looks at an electronic stock quotation board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, November Read More

Air Force arms B-52 bombers with prototype nuclear-armed cruise missiles

2 days ago DieselGasoil Comments Off on Air Force arms B-52 bombers with prototype nuclear-armed cruise missiles
File photo – B-52 (Boeing) The Air Force is now arming its fleet of B-52 Bombers with prototype nuclear-armed cruise missiles to prepare the aircraft for the possibility of launching the Long Range Stand Off (LRSO) weapon. Through a $250 million deal, the Air Force will work with B-52 manufacturer Boeing to build missile carriage Read More

Airlines fear long grounding of Boeing 737 MAX jets after Ethiopian crash

3 days ago DieselGasoil Comments Off on Airlines fear long grounding of Boeing 737 MAX jets after Ethiopian crash
PARIS/ADDIS ABABA (Reuters) – The grounding of Boeing’s 737 MAX jets after the crash in Ethiopia has had no immediate financial impact on airlines using the planes, but it will get painful for the industry the longer they do not fly, companies and analysts said on Friday. Ethiopian Airlines Flight 302 crashed soon after take-off Read More

Wall Street climbs with tech shares, trade optimism

3 days ago DieselGasoil Comments Off on Wall Street climbs with tech shares, trade optimism
NEW YORK (Reuters) – U.S. stocks rose on Friday, led by technology companies, as sentiment was lifted by an upbeat note in trade talks between the United States and China. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 7, 2019. REUTERS/Brendan McDermid/File Photo China’s Read More

Tech shares, trade optimism push Wall Street higher

3 days ago DieselGasoil Comments Off on Tech shares, trade optimism push Wall Street higher
(Reuters) – Wall Street’s main indexes hit session highs on Friday, in broad based gains led by technology stocks, as sentiment was lifted by an upbeat note in trade talks between the United States and China. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March Read More

U.S. manufacturing sector slowing as economy loses momentum

4 days ago DieselGasoil Comments Off on U.S. manufacturing sector slowing as economy loses momentum
WASHINGTON (Reuters) – U.S. manufacturing output fell for a second straight month in February and factory activity in New York state was weaker than expected this month, offering further evidence of a sharp slowdown in economic growth early in the first quarter. FILE PHOTO: Line workers spot weld parts of the frame on the flex Read More

Boeing black box review begins in France, aviation world waits

4 days ago DieselGasoil Comments Off on Boeing black box review begins in France, aviation world waits
PARIS/ADDIS ABABA (Reuters) – Investigators in France on Friday examined the black boxes of a Boeing 737 MAX that crashed in Ethiopia as a spooked global airline industry waited to see if the cause was similar to a disaster in Indonesia months before. Ethiopian Airlines flight 302 crashed soon after take-off from Addis Ababa last Read More