Saudi Aramco delays planned IPO: FT
- Saudi Aramco has delayed the planned launch of its initial public offering (IPO), the Financial Times reported on Thursday, citing three people familiar with the matter.
Thu, 17 Oct 2019 14:43:27 -0400
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Southwest delays return of its Boeing 737 MAX jets to February
- Southwest Airlines Co said on Thursday it was postponing the return of Boeing Co's 737 MAX jets to its flight schedule until Feb. 8, the latest delay for the plane involved in two fatal crashes with other carriers over five months.
Thu, 17 Oct 2019 14:39:57 -0400
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NTSB to determine probable cause of fatal Uber self-driving crash
- The U.S. National Transportation Safety Board (NTSB) will hold a Nov. 19 hearing to determine the probable cause of a March 2018 Uber Technologies Inc self-driving vehicle crash that killed a pedestrian in Arizona.
Thu, 17 Oct 2019 14:38:34 -0400
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Renault warns sales to fall in 2019 as automakers struggle
- France's Renault on Thursday cut its revenue guidance for 2019 further and lowered its profitability forecast, citing difficulties in markets such as Turkey and Argentina as carmakers grapple with a broad-based slump in auto sales.
Thu, 17 Oct 2019 14:30:56 -0400
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U.S. boutique banks woo French bankers in Paris advisory push: sources
- Several U.S. boutique investment banks are looking to hire senior staff in Paris in the wake of Britain's departure from the EU and have poached bankers from France's most established advisory firms, including Lazard, sources told Reuters.
Thu, 17 Oct 2019 14:30:06 -0400
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In trading revamp, Goldman's message to staff: be like dealmakers
- Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall a whopping 84%, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they have figured out the key to a turnaround: asking traders to be more like investment bankers.
Thu, 17 Oct 2019 14:29:41 -0400
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U.S. homebuilding retreats, manufacturing still struggling
- U.S. homebuilding tumbled from more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing.
Thu, 17 Oct 2019 14:28:18 -0400
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Netflix and Amazon face censorship threat in India: source
- India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told Reuters.
Thu, 17 Oct 2019 14:17:11 -0400
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Wall Street edges higher on robust earnings, Brexit deal
- Wall Street gained ground on Thursday as positive geopolitical developments and a string of corporate earnings beats put investors in a buying mood.
Thu, 17 Oct 2019 14:14:52 -0400
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UAW deal with GM to end strike includes pay raises, but three plants would close
- The United Auto Workers union wrung higher pay and better coverage for temporary workers from General Motors Co as part of its tentative deal to end a month-long U.S. strike, but the deal would also allow the automaker to move forward with closing three plants, the union said on Thursday.
Thu, 17 Oct 2019 14:12:44 -0400
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