Business

Trump called Boeing CEO ahead of MAX shutdown: source

President Donald Trump phoned the head of Boeing ahead of the company's announcement on Monday that it was halting production of the 737 MAX, a person familiar with the matter said Thursday.

Business

Trade turbulence pushes airline profits lower

Global trade tensions have sent airline profits into a descent, the industry's trade association said Wednesday, and while profitablity is expected to rebound next year it will unlikely match the level hit in 2018.

Business

Chinese e-commerce giants report booming Singles Day sales

Chinese e-commerce giants Alibaba and JD.com reported a total of more than $50 billion in sales on Monday in the first half of Singles Day, an annual marketing event that is the world's busiest online shopping day.

Automotive

Climate change, trade woes reshape Frankfurt auto show

The headwinds buffeting the auto industry are making themselves felt at the Frankfurt Motor Show, with companies confronting a slowdown in sales due to global trade uncertainty and pressure from governments to lower emissions ...

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