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Fiat Chrysler reaches tentative labor deal with United Auto Workers

November 30, 2019 by  
Filed under News

Fiat Chrysler Automobiles NV and the United Auto Workers (UAW) union on Saturday announced a tentative agreement for a four-year labor contract, a boost for the automaker as it works to merge with France’s Groupe PSA .


Source: Reuters Business News

Tesla move will draw further companies into Germany – state premier

November 30, 2019 by  
Filed under News

Tesla’s announcement earlier this month that it will build its first European factory near Berlin will draw further companies from the electric mobility and energy storage sectors into Germany, a state premier told newspaper Die Welt.


Source: Reuters Business News

International stocks to outperform U.S. in 2020: investors

November 30, 2019 by  
Filed under News

Even though the U.S. stock market continues a record-breaking rally that has sent the benchmark S&P 500 index up nearly 25% for the year, investors appear to be looking elsewhere for better values in the year ahead.


Source: Reuters Business News

Facebook issues corrective label on user's post under new Singapore fake news law

November 30, 2019 by  
Filed under News

Facebook said on Saturday it had issued a correction notice on a user’s post at the request of the Singapore government, but called for a measured approach to the implementation of a new “fake news” law in the city-state.


Source: Reuters Business News

China's factory activity unexpectedly returns to growth in November

November 29, 2019 by  
Filed under News

Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing’s accelerated stimulus measures to steady growth.


Source: Reuters Business News

That frenzied Black Friday crush? Not this year

November 29, 2019 by  
Filed under News

The frenzy associated with Black Friday shopping was missing this year as U.S. retailers offered earlier discounts and more consumers shopped online, though spot checks around the country showed traffic picked up after a sluggish morning.


Source: Reuters Business News

Factbox: Quotes from shoppers as they scour for the best deals on Black Friday

November 29, 2019 by  
Filed under News

Shoppers headed out to stores across the United States in a quest to score the best Black Friday discounts on everything from handbags to 4K TVs, with early promotions marking the start of a condensed holiday shopping season.


Source: Reuters Business News

Wall Street slips as U.S.-China tensions weigh, investors watch retail

November 29, 2019 by  
Filed under News

Wall Street’s major indexes ended Friday’s shortened session lower as U.S.-China discord over Hong Kong fueled investor anxiety about their trade talks and retail stocks dipped as in-store Black Friday sales appeared to draw smaller crowds.


Source: Reuters Business News

PG&E says its distribution lines caused no deadly fires in 2019

November 29, 2019 by  
Filed under News

California utility PG&E Corp has determined there were no lives or structures lost in 2019 wildfires that may have been caused by its distribution lines, according to a Friday court filing.


Source: Reuters Business News

Global stocks dip as trade worries halt record rally, dollar falls

November 29, 2019 by  
Filed under News

Oil prices slumped and a gauge of global equity markets on Friday edged away from an all-time high it was near breaching earlier in the week as doubts simmered over the outlook for signing an initial deal to ease U.S.-China trade tensions.


Source: Reuters Business News

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