 | | | | French Finance Minister Bruno Le Maire said on Tuesday he would fight to save jobs at a General Electric Co (GE) factory in eastern France where more than 1,000 posts are threatened. | | | | | | French President Emmanuel Macron said on Tuesday his government would remain vigilant as to whether General Electric Co respects its commitments in terms of jobs in France. | | | | | | Goldman Sachs Group Inc named three new executives to its management committee, the co-presidents of the bank's Asia Pacific region and its global treasurer, according to a memo sent by bank leaders on Tuesday. | | | | | | Early gains in benchmark U.S. indexes faded and global stock markets retreated Tuesday as concerns about Italy's budget and the fate of U.S.-China trade talks continued to weigh on investor sentiment, pushing safe haven U.S. Treasury yields to their lowest levels since October 2017. | | | | | | U.S. stocks closed lower on Tuesday, with initial gains giving way to declines as the likelihood of a prolonged trade war between the United States and China once again kept risk appetite in check. | | | | | | If French automaker Renault green-lights a proposed merger with Fiat Chrysler Automobiles, the companies almost immediately could begin saving money by consolidating components and basic structures on many of their most popular vehicles, an industry analyst said on Tuesday. | | | | | | Airbus is mobilizing staff from outside Germany to assist with a tricky production ramp-up of A321 passenger jets at its plant in Hamburg, industry sources said. | | | | | | U.S. auto sales are expected to drop 2.1% in May from the year-ago period, as higher prices keep buyers at bay, according to industry consultants J.D. Power and LMC Automotive. | | | | | | Consumer confidence jumped in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity was slowing after being temporarily boosted by exports and a build-up of inventories. | | | | | | Walmart Inc appointed Suresh Kumar, a former employee of Alphabet Inc-owned Google and Amazon.com Inc, as its new chief technology officer as it tries to fuel an internal tech transformation and boost its e-commerce business. | | | | | | France will seek protection of local jobs and other guarantees in exchange for supporting a merger between carmakers Renault and Fiat Chrysler, its finance minister said on Tuesday, underscoring the challenges facing the plan. | | | | | |
