Business & Finance News
Airbus sales chief Christian Scherer said it is selling longer-range versions of its A321, while signaling a shift away from chasing market share at any cost and predicting Boeing will emerge quickly from the grounding of its rival 737 MAX.
U.S. retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic growth picked up in the first quarter after a false start.
U.S. stocks were flat in volatile trading on Thursday, ahead of a long Easter weekend, as another drop in healthcare stocks blunted gains from upbeat industrial earnings and robust retail sales data.
Honeywell International Inc on Thursday said it expects the production rate and deliveries of Boeing Co’s 737 MAX jets to resume in the second half of this year.
Taking on the Big Four accounting firms will remain a lengthy and costly challenge for smaller rivals in Britain despite the regulatory leg-up unveiled on Thursday, but France has shown it can be done over a decade.
U.S. stocks opened higher on Thursday, aided by upbeat results from industrial companies and a stronger-than-expected rise in March retail sales that pointed to a robust domestic economy.
Jet Airways Ltd shares plunged on Thursday, battered by fears about whether the grounded Indian airline would fly again, even as carriers like rival SpiceJet rushed in to plug a supply gap in the wake of their rival’s demise.
U.S. retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic growth picked up in the first quarter after a false start.
Wall Street was set to open slightly higher on Thursday, ahead of a long Easter weekend, supported by robust retail sales data, with investors eying the release of a long-awaited Mueller report.
The new sales chief at Europe’s Airbus hinted at orders for an unannounced new version of its A321 jet, while softening market rhetoric and predicting rival Boeing will emerge quickly from a crisis over the grounded 737 MAX.
Union Pacific Corp on Thursday reported a better-than-expected quarterly profit, as the U.S. railroad raised prices, helping offset the impact of severe winter weather and record flooding that damaged rails in the Midwest.
Top oilfield services provider Schlumberger NV on Thursday forecast a gradual rise in international spending this year, after posting a 20 percent drop in quarterly profit due to weak North America demand.
A case in a London court to extradite Arif Naqvi, the founder of collapsed private equity firm Abraaj, to the United States on fraud charges, was adjourned until April 26, a court official said on Thursday.
Credit card issuer American Express Co’s quarterly revenue missed analysts’ estimates on Thursday, due to muted growth in its global merchant and network services unit.
Union Pacific Corp on Thursday reported a 6.2 percent rise in quarterly profit, as the U.S. railroad raised prices, helping offset the impact of severe winter weather and record flooding that damaged rails in the Midwest.
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