[ad_1] DETROIT (Reuters) – Talks for a new four-year labour contract between General Motors Co (GM.N) and its striking workers took a “turn for the worse” on Sunday after the United Auto Workers rejected the
Airline bankruptcies surge, leaving rivals vying for planes
[ad_1] PARIS (Reuters) – Airline bankruptcies have increased this year at the fastest ever rate, led by the collapse of India’s Jet Airways, British travel group Thomas Cook and Avianca of Brazil, according to industry
Indian police arrest former MD Thomas of fraud-hit PMC Bank
[ad_1] NEW DELHI (Reuters) – Indian police on Monday arrested Joy Thomas, the former managing director of Punjab and Maharashtra Co-operative Bank (PMC), which has been accused of creating fictitious accounts to hide loans, a
U.S. airlines grapple with ‘unfair tax’ that adds to aircraft supply disruption
[ad_1] WASHINGTON/CHICAGO (Reuters) – U.S. airlines are scrambling to digest a new 10% tariff on European-made Airbus planes that threaten additional havoc in an aircraft supply market already reeling from frozen deliveries of Boeing Co’s
Exxon Mobil bars use of oil tankers linked to Venezuela – sources
[ad_1] FILE PHOTO: An Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young/File Photo LONDON/HOUSTON (Reuters) – Exxon Mobil Corp this week banned
U.S. unemployment rate hits 3.5%; job growth moderate
[ad_1] WASHINGTON (Reuters) – The U.S. unemployment rate dropped to near a 50-year low of 3.5% in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession for now despite trade
Spain says it will respond with strength to new U.S. tariffs
[ad_1] MADRID (Reuters) – Spain has summoned the U.S. ambassador in Madrid to express its complete rejection of any new U.S. tariffs on European Union goods and will press for strong counter measures if they
Oil settles up as U.S. unemployment rate drops, but crude ends week down 5%
[ad_1] NEW YORK (Reuters) – Oil prices rose about 1% on Friday as an increase in U.S. jobs eased some financial market concerns that a slowing global economy could dent oil demand, but crude fell
‘Goldilocks’ jobs data propels Wall St. to best day since August
[ad_1] (Reuters) – Wall Street surged on Friday after moderate jobs growth in September offered relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the world’s
Capital spending outlook another worry ahead of earnings
[ad_1] NEW YORK (Reuters) – Investors are preparing for more cautious capital investment outlooks from U.S. companies as worries mount heading into earnings season about the possibility of an economic recession. Capital expenditure increases have