Executives of aerospace giant Lockheed Martin pledged again Tuesday to limit costs on the F-35 fighter jet amid pressure from President Donald Trump, but those efforts should not impact the program’s profitability.
US President Donald Trump issued an executive order on Tuesday to revive two controversial pipeline projects, reversing the policy of his predecessor Barack Obama.
The operations boss of Airbus declared Tuesday that the European aerospace giant was entering a “dangerous phase” because of Brexit, which could complicate its free movement of staff and products.
Sales of existing homes in the United States slowed in December but 2016 was still the best in a decade, according to industry figures released Wednesday.
US President Donald Trump’s decision to abandon the Trans-Pacific Partnership has left the ambitious trade agreement in limbo and focused attention on the world’s other trade frameworks. Here is an overview.
Chinese e-commerce giant Alibaba said Tuesday its revenues leapt 54 percent year-on-year for the quarter ended in December, spurred by rapid growth in Chinese online shopping.
The Turkish central bank on Tuesday hiked its main interest rate by 75 basis points in a bid to boost the ailing lira but failed to impress markets looking for even sharper action.
France on Tuesday took a key step towards shutting down its oldest nuclear power station, a campaign promise of Socialist President Francois Hollande, just months before he leaves office.
China’s State Grid has concluded a deal to buy a majority stake of Brazil’s electricity giant CPFL for 14.19 billion reals ($4.5 billion), the company announced Tuesday.
Shares in BT Group dived Tuesday after the telecoms and TV group warned that its profits would take a much larger hit than expected on accounting irregularities in Italy.
A contested EU-Canada free trade deal cleared a key hurdle on Tuesday as EU lawmakers defied rising anti-globalisation sentiment to back one of Europe’s most ambitious accords.