PARIS (Reuters) – Airbus bowed to weak demand for its A330 passenger jet on Friday, announcing a cut in production for 2019 after a series of bruising defeats to Boeing in contests for wide-body jets.
WASHINGTON (Reuters) – Emboldened by President Trump’s pledge to loosen laws introduced following the 2007-2009 global financial crisis, U.S. banks are pushing to scrap or revise more than a dozen other lesser-known rules they say are outdated, costly and hurt economic growth.
NEW YORK (Reuters) – The U.S. government may start scrutinizing informal partnerships between American and Chinese companies in the field of artificial intelligence, threatening practices that have long been considered garden variety development work for technology companies, sources familiar with the discussions said.
PARIS (Reuters) – Airbus posted a slender first-quarter profit after delays in engine deliveries for its A320neo passenger jet, and it also cut production of the larger A330 due to weak demand.
SINGAPORE (Reuters) – Asian shares rose on Friday after U.S. equities were buoyed by a rebound in technology stocks, while markets in Seoul were underpinned by optimism as leaders of North and South Korea held their first summit in over a decade.
WASHINGTON (Reuters) – The U.S. economy likely slowed in the first quarter as growth in consumer spending braked sharply, but the setback is expected to be temporary against the backdrop of a tightening labor market and large fiscal stimulus.
(Reuters) – U.S. carrier Southwest Airlines has ordered 40 Boeing Co 737 MAX 8 jets worth $4.68 billion at list price to help modernise its fleet, the airline said.
(Reuters) – Amazon.com Inc more than doubled its profit on Thursday and predicted strong spring results as the world’s biggest online retailer raised the price for U.S. Prime subscribers, added U.S. football games and touted its cloud services for business.
CARACAS (Reuters) – Venezuela on Thursday scorned a $2.04 billion award to ConocoPhillips over a decade-old nationalization as the U.S. oil producer filed suit in a federal court to enforce the decision.
SEOUL (Reuters) – Hyundai Motor said on Friday it plans to cancel 960 billion won ($890 million) worth of treasury shares, its first share cancellation in 14 years, to boost shareholder returns.
The latest on the summit between the leaders of North Korea and South Korea: (All times local): 11:45 a.m. North Korean leader Kim Jong Un has thanked South Korean President Moon Jae-in for greeting him … …read more […]
SINGAPORE (Reuters) – Asian shares edged higher on Friday, after U.S. equities were buoyed by solid quarterly earnings and a rebound in technology stocks, while the euro languished near three-month lows after the European Central Bank kept interest rates unchanged.
SEOUL (Reuters) – Hyundai Motor said on Friday it plans to cancel 960 billion won ($890 million) worth of treasury shares, its first share cancellation in 14 years, to boost shareholder returns.
SINGAPORE (Reuters) – Asian shares edged higher on Friday, after U.S. equities were buoyed by solid quarterly earnings and a rebound in technology stocks, while the euro languished near three-month lows after the European Central Bank kept interest rates unchanged.
Today we’re going to take a look at the well-established General Electric Company (NYSE:GE). The company’s stock saw a double-digit share price rise of over 10% in the past coupleRead More… …read more […]
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