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Home2019March

Month: March 2019

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Business News

Stock futures dip as trade uncertainty, growth worries weigh

March 14, 2019 admin Comments Off on Stock futures dip as trade uncertainty, growth worries weigh

U.S. stock index futures edged lower on Thursday as early optimism after Britain’s parliament voted to reject a disorderly Brexit was offset by uncertainty over U.S.-China trade talks and weak data out of China.

…read more […]

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Dollar General 2019 profit forecast falls short of estimates

March 14, 2019 admin Comments Off on Dollar General 2019 profit forecast falls short of estimates

Dollar General Corp forecast 2019 profit below analysts’ expectations on Thursday as it ramps up spending on stores, sending the shares of the discount retailer down nearly 5 percent in premarket trading.

…read more […]

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Dollar General beats quarterly same-store sales estimates, raises dividend

March 14, 2019 admin Comments Off on Dollar General beats quarterly same-store sales estimates, raises dividend

Dollar General Corp reported better-than-expected same-store sales on Thursday, as its customers spent more on groceries at the discount retailer’s stores, benefiting from an earlier-than-usual issue of food stamps.

…read more […]

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France takes Ethiopia crash black boxes, families grieve

March 14, 2019 admin Comments Off on France takes Ethiopia crash black boxes, families grieve

Investigators in France were to take charge of the crashed Ethiopian Airlines jet’s black boxes on Thursday, seeking clues into a disaster that has grounded Boeing’s global 737 MAX fleet and left scores of families grieving and angry.

…read more […]

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Russia suspends Boeing 737 MAX flights: Ifax

March 14, 2019 admin Comments Off on Russia suspends Boeing 737 MAX flights: Ifax

Russia’s aviation authority on Thursday suspended flights by Boeing 737 MAX planes in the country’s airspace following Sunday’s deadly plane crash in Ethiopia, Interfax news agency cited the authority’s head as saying.

…read more […]

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China customs lifts suspension on Tesla Model 3 imports

March 14, 2019 admin Comments Off on China customs lifts suspension on Tesla Model 3 imports

China’s customs authority has lifted its suspension on imports of Tesla’s Model 3, an official in the authority’s news department told Reuters on Thursday.

…read more […]

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Facebook struggles into day two of global outage

March 14, 2019 admin Comments Off on Facebook struggles into day two of global outage

Facebook Inc struggled to restore its services fully on Thursday after a 17-hour partial outage made the world’s largest social network inaccessible to users across the globe, driving a wave of online complaints.

…read more […]

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Business News

Hong Kong regulator bans UBS from sponsoring IPOs for one year, fines other top banks

March 14, 2019 admin Comments Off on Hong Kong regulator bans UBS from sponsoring IPOs for one year, fines other top banks

Hong Kong’s securities regulator banned UBS on Thursday from sponsoring initial public offerings (IPOs) domestically for a year for failures in that role in three IPOs, the first major bank involved in stock listings to face such action in the city.

…read more […]

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China customs says it has lifted suspension on Tesla Model 3 imports

March 14, 2019 admin Comments Off on China customs says it has lifted suspension on Tesla Model 3 imports

China’s customs authority has lifted a warning notice that barred Tesla Model 3 imports into the country last week, an official in the authority’s news department told Reuters on Thursday.

…read more […]

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Hong Kong regulator bans UBS from sponsoring IPOs for one year; StanChart fined

March 14, 2019 admin Comments Off on Hong Kong regulator bans UBS from sponsoring IPOs for one year; StanChart fined

Hong Kong’s securities regulator banned UBS on Thursday from sponsoring initial public offerings (IPOs) in the city for one year for failures as a sponsor of three IPOs.

…read more […]

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China customs lifts suspension on Tesla Model 3 imports: sources

March 14, 2019 admin Comments Off on China customs lifts suspension on Tesla Model 3 imports: sources

China’s customs authority has lifted their suspension on imports of Tesla’s Model 3 after the U.S. electric car maker made the necessary rectifications, two sources familiar with the matter said on Thursday.

…read more […]

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Audi sees margin target hit by electric car investments

March 14, 2019 admin Comments Off on Audi sees margin target hit by electric car investments

Audi the premium brand owned by Volkswagen said it expects to deliver an operating return on sales between 7 percent and 8.5 percent, below its long-term target, as costs for developing electric cars weigh on profits.

…read more […]

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Novartis generics boss quits amid conjecture over business’s future

March 14, 2019 admin Comments Off on Novartis generics boss quits amid conjecture over business’s future

Novartis’s generics chief is quitting after the Swiss drugmaker sold parts of the business and initiated an 18-month revamp, fueling speculation about an eventual spin-off or sale.

…read more […]

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Ethiopian crash black boxes arrive in Paris for analysis

March 14, 2019 admin Comments Off on Ethiopian crash black boxes arrive in Paris for analysis

Two black boxes from the Boeing 737 MAX airplane that crashed in Ethiopia arrived on Thursday in Paris for expert analysis, officials said, as regulators around the world awaited word on whether it was safe to resume flying the jets.

…read more […]

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Japan bans Boeing 737 MAX planes from its airspace

March 14, 2019 admin Comments Off on Japan bans Boeing 737 MAX planes from its airspace

Japan’s transport ministry on Thursday said it had banned flights by Boeing Co’s 737 MAX 8 and 9 aircraft from its airspace, the latest country to do so following the Ethiopian Airlines plane crash that killed 157 people.

…read more […]

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