 | | | | General Motors has cut about 350 jobs from its Thai subsidiary's operations, a labor representative said on Friday, slashing more than 15% of the workforce for the U.S. automaker that has two factories in Thailand. | | | | | | U.S. stocks were in the red on Friday afternoon as investors were wary after mixed data and ahead of a holiday weekend in which a fresh round of U.S. tariffs on Chinese imports were due to kick in. | | | | | | Most of a highly toxic chemical stored at a fire-damaged Philadelphia oil refinery has been rendered inert, clearing the way for closer inspections of the site following a June blaze that led to the plant's closure, officials said on Friday. | | | | | | Argentina's battered bonds were driven still lower on Friday after a credit rating cut from Standard & Poor's triggered automatic selling mechanisms at big pension funds. | | | | | | The executive board of the International Monetary Fund will meet for an "informal information session" on Friday to discuss recent events in Argentina, an IMF spokesman said. | | | | | | Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks edge higher on Friday despite weakness on Wall Street, though caution over pending U.S. tariffs on Chinese goods put the yuan on track for its biggest monthly decline in 25 years. | | | | | | Volkswagen AG must forfeit greenhouse gas emissions credits and is lowering the fuel economy ratings on 98,000 vehicles after the Environmental Protection Agency said vehicle software overstated real-world performance. | | | | | | Oil futures fell on Friday, with U.S. crude down nearly 3% ahead of a hurricane near the Florida coast that could dampen demand, but prices were still headed for the biggest weekly increase since early July, boosted by an easing of U.S.-China trade rhetoric. | | | | | | Airbus SE on Friday pulled out of a multibillion-dollar competition to supply Canada with 88 new fighter jets, a decision that boosts the chances of rival Lockheed Martin Corp . | | | | | | The Federal Aviation Administration said on Friday a blue-ribbon panel of experts around the world will need a few more weeks to finish its review into the Boeing 737 MAX certification. | | | | | |
