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GE tumbles as analyst returns to bearish view

Bloomberg General Electric (GE) fell in pre-market trading on Monday after a key analyst at JPMorgan returned to a bearish view on the stock, reversing a December upgrade that had provided a major boost to positive sentiment. Steve Tusa downgraded the shares to underweight from neutral and trimmed his price target by $1 to a Street-low view of $5, a ...

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Fiat to pool cars with Tesla to meet emissions targets

Bloomberg Fiat Chrysler Automobiles NV is pooling its fleet with Tesla Inc. to comply with stricter European Union rules on carbon-dioxide emissions, in a deal that’s likely to pay the US electric-car leader hundreds of millions of dollars. Tightening EU regulations that kick in next year could cost Fiat 2 billion euros ($2.2 billion) in potential fines in each of ...

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Pompeo warns Haftar forces to halt advance on Tripoli

Bloomberg The Trump administration issued a stern warning to Libyan militia leader Khalifa Haftar to halt his forces’ advance on Tripoli, and urged all sides to continue with political negotiations. Secretary of State Michael Pompeo said in a statement that the US was “deeply concerned” about the warlord’s threat to the internationally recognised capital. He said the military campaign was ...

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