Business & Finance News
Airbus is nearing a decision to axe production of the world’s largest airliner and may give an update with full-year earnings on Feb. 14, industry sources and analysts said.
U.S. job openings surged to a record high in December, led by vacancies in the construction and accommodation and food services sectors, strengthening analysts’ views that the economy was running out of workers.
Oil prices were up more than 2 percent on Tuesday on steep OPEC production cuts, with its de-facto leader Saudi Arabia planning to drop March crude output by more than a half a million barrels per day below its initial pledge.
A group of seven Democratic U.S. senators and independent Senator Bernie Sanders on Tuesday urged the Justice Department and Federal Communications Commission to reject the proposed $26 billion merger between T-Mobile US Inc and Sprint Corp.
Canadian e-commerce software maker Shopify Inc’s full-year adjusted operating income forecast fell short of analysts’ estimates on Tuesday, overshadowing a strong quarterly profit beat and sending its shares down 4 percent.
Bank of England Governor Mark Carney warned on Tuesday of the potential shock to Britain’s economy from Brexit which could serve as an “acid test” for countries around the world trying to respond to the challenges of globalization.
Sodexo’s sport and leisure business, which provides catering at the U.S. Super Bowl, Royal Ascot and the Eiffel Tower, will focus on organic growth as it integrates its 2017 U.S. acquisition Centerplate.
Europe’s second-highest court will rule on Thursday whether a Belgian tax break which benefited some 35 large companies is illegal state aid, a judgment which could provide clues to other tax cases involving Apple, Starbucks and Fiat Chrysler.
Boeing Co delivered 46 aircraft in January, up from 44 a year earlier, as the world’s biggest planemaker gears up for another year of record sales amid booming demand from the airline industry.
U.S. job openings surged to a record high in December, led by vacancies in the construction, accommodation and food services sectors, which could bolster views that the economy is experiencing a dearth of workers.
Shares in TechnipFMC fell on Tuesday after weekly magazine Le Point reported the oil services company was the subject of a legal probe in France over alleged corruption in Brazil and Africa.
U.S. small business optimism tumbled last month to its lowest level since President Donald Trump’s election more than two years ago amid growing uncertainty over the economic outlook.
Shares of Electronic Arts Inc jumped 8.5 percent on Tuesday after the videogame maker said it signed up 25 million players for its new battle royale game “Apex Legends” in a week, setting it up for a showdown with Epic Games’ wildly popular “Fortnite”.
Signs that the U.S. and China might reach an agreement in trade talks and news of a tentative deal to avoid another government shutdown in Washington helped push world stock markets and bond yields broadly higher Tuesday.
Interior Minister Horst Seehofer has thrown his weight behind a proposal to reform Germany’s telecommunications law to toughen security requirements on foreign network vendors, the RND group of newspapers reported on Tuesday.
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