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Factbox: Timeline of Goldman Sachs leaders

July 17, 2018 admin Comments Off on Factbox: Timeline of Goldman Sachs leaders

Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, succeeding Lloyd Blankfein, who has been in the role since 2006.

…read more […]

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Business News

World stocks slip on oil as focus turns to Fed

July 17, 2018 admin Comments Off on World stocks slip on oil as focus turns to Fed

Global stocks fell on Tuesday as oil prices hit a three-month low, while the dollar edged lower and most other markets were subdued before Federal Reserve Chair Jerome Powell was due to testify to the U.S. Congress.

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Goldman Sachs beats on strength in bond trading, investment banking

July 17, 2018 admin Comments Off on Goldman Sachs beats on strength in bond trading, investment banking

Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday, driven by growth in bond trading and investment banking.

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Ryanair to cancel 24 flights on Friday due to Ireland pilots strike

July 17, 2018 admin Comments Off on Ryanair to cancel 24 flights on Friday due to Ireland pilots strike

Ryanair plans to cancel 24 flights between Ireland and Britain on Friday due to a strike by its Ireland-based pilots, the second of three planned for July, Europe’s largest airline by passenger numbers said on Tuesday.

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Johnson & Johnson quarterly profit beats on higher pharma unit sales

July 17, 2018 admin Comments Off on Johnson & Johnson quarterly profit beats on higher pharma unit sales

Johnson & Johnson on Tuesday topped analysts’ estimates for quarterly profit and revenue, driven by higher sales of rare-disease treatments from its acquisition of Actelion and cancer drugs Zytiga and Darzalex.

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IAG’s Level airline plans budget long-haul flights from Vienna

July 17, 2018 admin Comments Off on IAG’s Level airline plans budget long-haul flights from Vienna

British Airways parent IAG plans to expand its long-haul network from Vienna with new budget brand Level, Chief Executive Willie Walsh said on Tuesday.

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Air Lease, Boeing strike $9.6 billion deal for 737s and 787s

July 17, 2018 admin Comments Off on Air Lease, Boeing strike $9.6 billion deal for 737s and 787s

U.S. airplane leasing firm Air Lease Corp announced on Tuesday a commitment to order as many as 78 Boeing Co single-aisle and wide-body airplanes in a deal valued at $9.6 billion at list prices.

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Johnson & Johnson lowers full-year sales forecast, shares fall

July 17, 2018 admin Comments Off on Johnson & Johnson lowers full-year sales forecast, shares fall

Johnson & Johnson lowered its sales forecast for 2018 on Tuesday, citing a strengthening dollar.

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Air Lease announces order for 75 Boeing 737s, 3 787-9 widebodies

July 17, 2018 admin Comments Off on Air Lease announces order for 75 Boeing 737s, 3 787-9 widebodies

U.S. airplane leasing firm Air Lease Corp announced on Tuesday a commitment to order 75 Boeing 737 MAX single-aisle aircraft and three 787-9 widebodies.

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Johnson & Johnson’s quarterly profit rises 3.3 percent

July 17, 2018 admin Comments Off on Johnson & Johnson’s quarterly profit rises 3.3 percent

Johnson & Johnson reported a 3.3 percent rise in quarterly profit on Tuesday, as higher sales of cancer drugs Zytiga and Darzalex helped offset pressure on its blockbuster rheumatoid arthritis treatment Remicade.

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Exclusive: Kenya’s Safaricom in ‘advanced talks’ to take M-Pesa to Ethiopia

July 17, 2018 admin Comments Off on Exclusive: Kenya’s Safaricom in ‘advanced talks’ to take M-Pesa to Ethiopia

Kenya’s Safaricom is in “advanced talks” with the Ethiopian government to introduce its popular M-Pesa mobile money service to neighboring Ethiopia, a market of 100 million people, two sources said on Tuesday.

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Boeing lifts industry demand forecast as air show deals roll on

July 17, 2018 admin Comments Off on Boeing lifts industry demand forecast as air show deals roll on

Boeing raised its rolling 20-year industry forecast for passenger and cargo aircraft on Tuesday, as a steady flow of deals on day two of the Farnborough Airshow underscored the industry’s resilience to rising global trade tensions.

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BAE says aim is for international partners to join UK fighter project in 2019

July 17, 2018 admin Comments Off on BAE says aim is for international partners to join UK fighter project in 2019

The chief executive of BAE Systems said the aim was to bring in international partners to help develop Britain’s new fighter jet by the end of 2019.

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Thyssenkrupp leadership vacuum fuels restructuring hopes

July 17, 2018 admin Comments Off on Thyssenkrupp leadership vacuum fuels restructuring hopes

Thyssenkrupp shares bounced 8 percent on Tuesday, lifted by hopes of a deeper restructuring of the German submarines-to-elevators conglomerate after the chairman resigned, leaving the company in a leadership crisis.

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Japan’s regional jet not flying so high after air show prang

July 17, 2018 admin Comments Off on Japan’s regional jet not flying so high after air show prang

Japan’s efforts to show off its new regional jet, the MRJ, were dealt another setback on Tuesday after a prang forced it to skip a flying display at the Farnborough Airshow.

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