Union Pacific quarterly revenue rises 6 percent
U.S. railroad operator Union Pacific Corp on Thursday reported a 6 percent rise in quarterly revenue, helped by higher industrial shipments.
U.S. railroad operator Union Pacific Corp on Thursday reported a 6 percent rise in quarterly revenue, helped by higher industrial shipments.
American Airlines reported better-than-expected quarterly profit on Thursday and forecast 2019 earnings above Wall Street estimates as the No.1 U.S. airline benefits from higher fares and healthy passenger demand, sending its shares up nearly 6 percent.
Jean-Dominique Senard, the new chairman of French carmaker Renault , said he would focus on talks to cement Renault’s alliance partnership with Japanese peers Nissan and Mitsubishi .
French carmaker Renault on Thursday confirmed the appointment of Michelin’s Jean-Dominique Senard as its new chairman and Thierry Bollore as new chief executive.
The European Central Bank left its policy stance unchanged as expected on Thursday, keeping a rate hike later this year on the table even as the euro zone economy suffers its biggest slowdown in half a decade.
Following is the statement from the European Central Bank following its policy meeting.
American Airlines Group Inc on Thursday reported an 8.3 percent rise in quarterly profit, helped by higher fares.
The head of Bayer’s Crop Science unit, which combines Bayer’s legacy pesticides unit with the acquired Monsanto business, sees no merit in splitting up parent company Bayer, he told the Financial Times.
Oil fell on Thursday as concern over the global economy reasserted itself, reversing earlier price gains made on the potential for U.S. sanctions on Venezuela.
PG&E Corp shareholder Blue Mountain Capital Management LLC is preparing to launch a proxy fight to oust the embattled California utility owner’s board, arguing that the company is harming investors with its plan to seek bankruptcy protection in the wake of catastrophic wildfires.
Southwest Airlines Co said on Thursday the U.S. partial government shutdown had knocked between $10 million and $15 million off its revenue so far in January as it reported a better-than-expected fourth-quarter profit.
Siemens Chief Executive Joe Kaeser has declined requests from some activist investors whether he would need “support” in running the German industrial conglomerate, the CEO told a German magazine.
Canada’s Bombardier Inc said on Wednesday it will buy a wing manufacturing unit from aircraft parts supplier Triumph Group to boost its business jets program.
Saudi Aramco is seeking advisers to arrange debt financing needed for the acquisition of a stake in Saudi Arabian Basic Industries Corp (SABIC) , banking sources familiar with the matter said on Thursday.
Deutsche Bank has received an inquiry from two important committees of the U.S. House of Representatives on the lender’s ties to U.S. President Donald Trump, it said on Thursday.
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