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OTTAWA (Reuters) - The Canadian government on Friday said Lockheed Martin Corp (LMT.N) would be given first chance to bid on a contract to design 15 warships that will end up costing Canada around C$60 billion ($46 billion).
(Reuters) - Honeywell International Inc (HON.N) said on Friday the U.S. Securities and Exchange Commission had opened an investigation into its accounting for asbestos-related liabilities.
The industrial conglomerate’s revised estimate for asbestos-related liabilities was $2.61 billion as of end-2017, some $1.09 billion higher than a prior estimate, a regulatory filing.
NEW YORK (Reuters) - Leading owners of prime U.S. office space are taking a page from the hotel industry to boost profits from coworking’s rapid growth and to mitigate some of the risk they assume when signing long-term leases with these flexible workspace providers.
WASHINGTON (Reuters) - U.S. President Donald Trump is scheduled to meet the chief executives of the biggest U.S. defense companies at Luke Air Force Base in Arizona on Friday to discuss how they can source more parts and materials domestically, people familiar with the meeting said on Friday.
NEW YORK (Reuters) - Stocks dipped on Friday, dragging a global index into a fourth consecutive weekly loss, while the euro and sterling rallied against the dollar after a report said Britain is ready to drop a key Brexit demand.
NEW YORK (Reuters) - The U.S. benchmark S&P 500 stock index edged lower on Friday as strong earnings from Procter & Gamble Co (PG.N) were offset by ongoing concerns about rising interest rates and tensions over trade policy denting economic growth.
(Reuters) - Apple Inc Chief Executive Tim Cook on Friday told an online news website that Bloomberg should retract a story that claimed Apple’s internal computer systems had been infiltrated by malicious computer chips inserted by Chinese intelligence agents.
NEW YORK (Reuters) - Another two to three interest rate increases from the Federal Reserve will likely put U.S. borrowing costs in “neutral” territory where it is neither stimulating nor restricting economic growth, Dallas Federal Reserve President Robert Kaplan said on Friday.
HONG KONG (Reuters) - Swiss bank UBS Group AG. (UBSG.S) has asked its China wealth management staff to reconsider their travel plans to the country after authorities there asked one of its bankers to delay her departure from Beijing to meet with local officials, a person familiar with the matter said.