Boeing CEO keeps job intact after facing questions on 737 MAX crashes

Boeing Co CEO and Chairman Dennis Muilenburg emerged with his job intact at an annual meeting on Monday and promised to win back the public’s trust after facing tough questions in the wake of two fatal crashes of the 737 MAX plane. Press Release Distribution Service

U.S., China data send Asian shares higher, Europe to follow

Asian shares climbed on Monday, with markets in Europe poised to track their gains, after strong U.S. first-quarter economic growth and data showing profits at Chinese industrial firms grew for the first time in four months. Press Release Distribution Service

As trade talks reach endgame, U.S.-China ties could hinge on enforcement

U.S. negotiators head to China on Tuesday to try to hammer out details to end the two countries’ trade war, including the shape of an enforcement mechanism, the success or failure of which could set the trajectory of ties for years to come. Press Release Distribution Service

Trump pressed Japan’s Abe to build more vehicles in the U.S.

U.S. President Donald Trump pressed Japanese Prime Minister Shinzo Abe to have Japanese automakers produce more vehicles in the United States, according to a readout of their recent meeting provided by the U.S. ambassador to Japan on Saturday. Press Release Distribution Service

Trump: Japan will invest $40 billion in U.S. car factories

U.S. President Donald Trump on Saturday said at a rally that Japanese Prime Minister Shinzo Abe told him Japan is investing $40 billion in new car factories in the United States. Press Release Distribution Service

Renault to propose joint holding company with Nissan: source

Renault will propose a plan to create a joint holding company that would give the French carmaker and Japanese partner Nissan equal footing, a person with knowledge of the issue told Reuters. Press Release Distribution Service

U.S. GDP data boosts stocks; S&P 500 posts record close

Global stock markets rose and the S&P 500 notched a record closing high for the second time this week on Friday as data showed U.S. economic growth accelerated in the first quarter, while the dollar fell against a basket of currencies. Press Release Distribution Service

World Bank’s new president skips China’s Belt and Road for Africa trip

Nearly 40 world leaders and scores of finance officials, including International Monetary Fund Managing Director Christine Lagarde, are gathered in Beijing for China’s second Belt and Road infrastructure summit, but the World Bank’s new president is not among them. Press Release Distribution Service

Take Five: Dollar darling. World markets themes for the week ahead

Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. Press Release Distribution Service

Europe wants to deal with China as a group: German minister

Major European Union countries want to deal with China as a group rather than sign bilateral agreements as individual states, German Economy Minister Peter Altmaier said on Friday, attending a summit in Beijing on China’s Belt and Road plan. Press Release Distribution Service

Brazil’s Petrobras details refinery, other asset sale plans

Brazil’s state-controlled oil company Petrobras on Friday for the first time detailed long-awaited plans to sell a series of refineries and other assets as the company focuses on its core oil and gas exploration business. Press Release Distribution Service

Good news from China could boost materials shares

Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies. Press Release Distribution Service

Shareholders rebuke Bayer bosses over Monsanto-linked stock rout

Bayer shareholders on Friday cast a vote of disapproval of the German drugmaker’s top management amid anger over a stock price slump as litigation risks mount from the $63 billion takeover of seed maker Monsanto. Press Release Distribution Service

S&P, Nasdaq notch record closes from GDP, earnings boost

A surprisingly strong report card on the U.S. economy helped power the benchmark S&P 500 and Nasdaq Composite indexes to record high closes on Friday, capping a week of gains for stocks that came largely on the back of resilient corporate profits. Press Release Distribution Service

Exxon Mobil, Chevron dogged by refining, chemicals troubles

Exxon Mobil Corp and Chevron Corp on Friday reported lower profits, citing lower margins and refining weaknesses, areas that have plagued the two oil companies off and on for more than a year. Press Release Distribution Service

Bayer says non-executive directors back management board

Bayer said on Saturday its non-executive supervisory board unanimously expressed its confidence in the board of management, which was given a vote of disapproval from shareholders at Friday’s annual general meeting. Press Release Distribution Service

Toyota abandons plan to install U.S connected vehicle tech by 2021

Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications technology on U.S. vehicles aimed at letting cars and trucks communicate with one another to avoid collisions. Press Release Distribution Service

China’s Xi says Belt and Road must be green, sustainable

China’s Belt and Road Initiative (BRI) must be green and sustainable, President Xi Jinping said in opening a summit on his grand strategy, adding that the massive infrastructure and trade plan would deliver “high-quality” growth for all. Press Release Distribution Service

Tesla’s Musk agrees to new vetting rules for tweets in SEC deal

Tesla Inc Chief Executive Elon Musk has reached a deal with the U.S. Securities and Exchange Commission to settle a dispute over his use of Twitter, agreeing to submit his public statements about the company’s finances and other topics to vetting by its legal counsel, according to a court filing on Friday. Press Release Distribution…

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