Brazilian automaker CAOA has reached a preliminary agreement to buy Ford Motor Co's plant in Sao Bernardo do Campo, which the U.S. automaker will close by year's end as part of a global restructuring, the companies said on Tuesday.
U.S. Treasury yields fell on Tuesday, with the benchmark 10-year yield hitting its lowest since July 2016, after manufacturing data showed the U.S. factory sector contracted for the first time since 2016 amid worries about a weakening global economy and trade tensions between China and the United ...
The American Petroleum Institute on Tuesday urged the Trump administration to reject proposals floated by U.S. farmers and ethanol producers to boost ethanol demand, the latest development in the clash over biofuel policy.
More than half of U.S. state attorneys general are readying an investigation into Alphabet Inc's Google for potential antitrust violations, the Washington Post reported on Tuesday.
Air Canada has challenged Onex Corp's proposed acquisition of WestJet Airlines , on grounds that the deal may not meet the country's ownership rules, according to a letter sent by the carrier to the Canadian Transportation Agency.
LONDON: A proposed high-speed rail project to improve links from London to central and northern England will cost about £20 billion more than originally expected and is up to five years behind schedule, the government said on Tuesday (Sep 3). The High Speed 2 project (HS2) aims to slash...
The Senate's antitrust panel will meet later this month to discuss concerns that tech giants, such as Google or Amazon, seek to buy smaller rivals in order to head off competition.
NEW YORK: Walmart Inc said on Tuesday (Sep 3) it would discontinue sales of some ammunition in stores across the United States, in response to the mass shootings in Texas last month that killed several people. The largest US arms retailer also said it would discontinue handgun sales in Alaska,...
Illinois has joined a multistate lawsuit aimed at stopping the merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , the New York attorney general's office, which is leading the effort along with California, said Tuesday.
Illinois has joined a multistate lawsuit aimed at stopping the merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , the New York attorney general's office, which is leading the effort along with California, said Tuesday.