Caterpillar's latest restructuring move could cut 880 jobs

CHICAGO (Reuters) - Caterpillar Inc will close two facilities in Texas and Panama and is also considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, but the move could cut 880 jobs.

Wall Street rises with help from industrial data

NEW YORK (Reuters) - U.S. stocks rose on Friday boosted by strong industrial output numbers though Wall Street's three major indexes posted losses for the week.

Oil prices jump, Brent hits highest in more than 2 weeks

NEW YORK (Reuters) - Oil prices jumped on Friday, with Brent crude futures hitting their highest in more than two weeks as U.S. stock prices rose and investors covered short bets ahead of a weekend in which the U.S. news program "60 Minutes" will air an interview with Saudi Arabia's crown prince.

Boeing 737 Max 7 narrowbody jetliner makes maiden flight

SEATTLE (Reuters) - The smallest member of Boeing Co's upgraded narrowbody jetliner range, the 138-seat 737 MAX 7, began a maiden flight on Friday, the start of several months of trials before entering service next year, the company said.

Oil rallies, in line for weekly gain, as stocks jump

NEW YORK (Reuters) - Oil prices rallied on Friday afternoon ahead of a much-anticipated television interview with Saudi Arabia's crown prince, while Wall Street rose on strong economic data as U.S. stocks tried to end a rocky week on a high note.

Kering says Swiss activities tax-compliant

PARIS (Reuters) - French luxury goods group Kering has complied with its tax obligations in Switzerland, it said on Friday, responding to newspaper reports alleging that the company used a Swiss-based scheme to evade taxes on earnings from brands such as Gucci and Yves Saint Laurent.

Bike-sharing companies face an uphill ride in U.S.

SAN FRANCISCO (Reuters) - A bike-sharing craze that has swept China over the past two years is picking up speed in cities across the United States, but with a different spin as tough local regulations rein in the roll-out of dockless bikes.

Siemens Healthineers up 7 percent on 4.2 billion euro market debut

FRANKFURT (Reuters) - Shares in Siemens Healthineers gained as much as 7 percent in the medical equipment maker's stock market debut on Friday, boding well for a string of pending German flotations including asset manager DWS.

U.S. industrial output soars; housing starts fall

WASHINGTON (Reuters) - U.S. industrial production surged in February, boosted by strong increases in output at factories and mines, but the economic outlook for the first quarter was dimmed by a larger-than-expected plunge in homebuilding last month.

EU starts retaliation process against U.S. tariffs

BRUSSELS (Reuters) - The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs, the first step towards measures to counter planned U.S. taxes on European steel and aluminum.

BRIEF-ILG Inc - Issued Statement In Response To Public Letter From Frontfour Capital Group On March 15​

* ILG INC - ISSUED STATEMENT IN RESPONSE TO PUBLIC LETTER FROM FRONTFOUR CAPITAL GROUP ON MARCH 15​

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