Business

WASHINGTON (Reuters) – New orders for U.S.-made capital goods increased more than expected in August and shipments maintained their upward trend, pointing to underlying strength in the economy despite an anticipated drag on growth from Hurricanes Harvey and Irma. The Commerce Department said on Wednesday non-defense capital goods orders excluding aircraft, a closely watched proxy
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SHANGHAI (Reuters) – Planemaker Bombardier Inc aims to close deals with Chinese airlines in upcoming months and is in talks with the country’s three biggest airlines, a senior Bombardier executive said on Tuesday. Marc Meloche, Bombardier Commercial Aircraft’s head of structured finance, said in an interview the planemaker was also in discussions with leasing businesses on purchasing its
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TOKYO (Reuters) – Oil prices stood little changed on Monday, keeping most of their gains from the previous session to hold near their highest levels in months, as major producers meeting in Vienna said the market was well on its way towards rebalancing. The Organization of the Petroleum Exporting Countries, Russia and several other producers
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BRUSSELS (Reuters) – The European Commission wants more social protection and rights for casual workers, such as those in the “gig economy”, and others with non-standard contracts to try to tackle growing social inequality. The Commission’s consultation document on these plans, seen by Reuters, is part of a broader reworking of the EU’s economic priorities,
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SAN FRANCISCO/LONDON (Reuters) – Half a million people have signed an online petition in under 24 hours backing Uber’s bid to stay on roads of London, showing the company is turning to its tried-and-tested tactic of asking customers for help when it locks horns with regulators. London’s transport authorities stunned the powerful start-up on Friday
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