News Headlines

Airbus, French exporters slip as U.S. tariffs loom in subsidy row

Shares in Airbus and other key French exporters fell on Monday as Europe and the United States edged closer toward tit-for-tat sanctions in a long-running dispute over aircraft subsidies.

Mon, 16 Sep 2019 04:42:22 -0400
LG Display to replace its chief executive amid mounting losses

South Korea's LG Display Co Ltd on Monday said it has named LG Chem President Jeong Ho-young as its new chief executive officer.

Mon, 16 Sep 2019 04:28:11 -0400
Osram advises investors to accept $4.8 billion offer from AMS

German lighting group Osram advised its shareholders on Monday to accept a 4.3 billion euro ($4.8 billion) takeover bid from AMS and sell their shares to the Austrian sensor specialist, saying the offer was economically attractive.

Mon, 16 Sep 2019 03:41:25 -0400
UAW workers head for picket lines in first national strike against GM since 2007

The United Auto Workers (UAW) went on strike at General Motors just after midnight Sunday and about 48,000 hourly workers at its facilities are headed for the picket lines in the morning, union officials said early Monday.

Mon, 16 Sep 2019 03:37:46 -0400
Start-ups to grab $280 billion in banking payments revenues by 2025, study says

Banks are set to miss out on as much as $280 billion in revenue from their payments operations by 2025, as new start-ups muscle in and more of the business of sending money to individuals and companies becomes instant and free, according to a new report.

Mon, 16 Sep 2019 04:10:14 -0400
EU to pursue web tax plan alone if no global accord: Gentiloni

The European Union plans to introduce a tax on digital services even in the absence of a global accord on a so-called 'web tax', the Commissioner-designate for Economic Affairs Paolo Gentiloni was quoted as saying on Monday.

Mon, 16 Sep 2019 02:43:38 -0400
Apple TV+ premieres with star-studded period drama 'Dickinson' at Tribeca Festival

Apple TV+ premiered its first show at the Tribeca TV Festival on Saturday, flaunting feminist snark, lavish period costumes and a star-studded cast in "Dickinson," a series that sheds a modern light on the life of an iconic American poet.

Sun, 15 Sep 2019 02:31:27 -0400
Global regulators to question Facebook's Libra amid EU concerns: paper

Global regulators will question Facebook on Monday about its Libra cryptocurrency, amid concerns from European Union governments over the threat the digital currency poses to financial stability, the Financial Times reported on Sunday.

Sun, 15 Sep 2019 01:22:46 -0400