 | | | | Southwest Airlines expects it will have to remove the grounded Boeing Co 737 MAX jets from its flying schedule beyond the current Oct. 1 re-entry date following the discovery of a fresh safety issue, Chief Executive Gary Kelly told employees on Monday. | | | | | | WPP is in exclusive talks to sell a majority stake in its data analytics unit Kantar to private equity firm Bain Capital, it said on Monday, in a $4 billion deal aimed at steering the world's biggest advertising company back to growth. | | | | | | The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered concessions including no new tariffs and an easing of restrictions on tech company Huawei in order to reduce tensions with Beijing. | | | | | | China has agreed to make unspecified new purchases of farm products from the United States, President Donald Trump said after meeting his Chinese counterpart Xi Jinping in Japan. | | | | | | U.S. stocks climbed on Monday, but were well off highs that sent the S&P 500 to a record, fueled by gains in technology stocks on optimism for progress in U.S.-China trade talks and signs of a likely reprieve for Chinese telecom company Huawei. | | | | | | OPEC agreed on Monday to extend oil supply cuts until March 2020, three OPEC sources said, as the group's members overcame their differences in order to prop up the price of crude amid a weakening global economy and soaring U.S. production. | | | | | | Oil prices pared gains on Monday after worries about oversupply persisted, pulling back from an early rally as OPEC extended supply cuts until March 2020 during a meeting in Vienna. | | | | | | Global stocks rose and bonds retreated on Monday as the United States and China agreed to restart trade talks at the G20 summit over the weekend, leading investors to bet that a breakthrough between the world's two largest economies would jumpstart global economic growth. | | | | | | U.S. manufacturing activity slowed to near a three-year low in June, with a measure of new orders received by factories tumbling, amid growing anxiety over an escalation in trade tensions between the United States and China. | | | | | | U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co Inc , as it bets on rising demand for memory chips used in data centers, 5G phones and AI-powered devices. | | | | | |
