United States

Emirates' Dubai-Athens-New York flight violates U.S. aviation agreement, say U.S. airlines


DUBAI Emirates' announcement on Monday that it would start flying to the United States with a stop for passengers in Greece sparked a strong reaction from a lobby group representing U.S. competitors who accused it of competing unfairly through state subsidies.

Possible $400 million military sale to Britain approved: Pentagon

WASHINGTON The U.S. State Department has approved a possible $400 million military sale to Britain for C-17 aircraft logistics support services and equipment, the Pentagon said on Monday in a notification to Congress.

U.S. State Dept OKs possible $418 million military aircraft sale to Kenya

WASHINGTON The U.S. State Department has approved a possible $418 million sale to Kenya of aircraft with weapons and related support, a Pentagon agency said on Monday.

Trump meets with leaders of building, sheet metal unions

WASHINGTON President Donald Trump met Monday at the White House with leaders of construction, carpenters, plumbers and sheet metal unions, the White House said.

Trump moving U.S. toward era of bilateral trade: White House

WASHINGTON President Donald Trump met with key business leaders on Monday and signed an executive order withdrawing the United States from the Trans-Pacific Partnership trade deal, moving the country toward an era of bilateral trade and job creation at home, the White House said.

Britain launches interventionist drive for post-Brexit industrial revival

LONDON Britain's government on Monday unveiled a new interventionist approach to rebalance its heavily services-based economy for the post-Brexit era, in a break with traditional Conservative laissez-faire economic policy. | Video

CEO's discussed tax, regulations and trade with Trump: Liveris

WASHINGTON President Donald Trump and the chief executives of 12 large companies discussed tax, regulations and trade on Monday and the business leaders will return in 30 days with a series of actions to help U.S. manufacturing, Dow Chemical CEO Andrew Liveris said.

SLM Solutions removes CEO Rechlin with immediate effect

German 3D printer maker SLM Solutions removed Markus Rechlin from his position as chief executive officer and management board member with immediate effect, it said on Monday.

ATR boss troubled by competition impact of Bombardier bailout

TOULOUSE, France The head of the world's largest maker of turboprop planes, Franco-Italian ATR, raised concerns on Monday that state cash injections Canada's Bombardier has received for its jet production could distort competition in the turboprop market.

UK launches industry strategy to counter any Brexit turbulence

LONDON Britain published the outline of its industrial strategy on Monday, putting forward proposals for a more hands-on approach to developing key industries as a way to protect the economy from any turbulence caused by leaving the European Union.

Factbox: The 10 pillars of Britain's Modern Industrial Strategy

LONDON British Prime Minister Theresa May has set out the first details of a "Modern Industrial Strategy" designed to adapt the economy for a post-Brexit era and revitalize areas of the country left behind by decades of decline in manufacturing. [L5N1FC0QQ]


Yahoo beats Wall Street view, sees Verizon deal closing in second quarter

Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed in the second quarter, allaying some investor concerns that the deal might collapse.