Business & Finance News
(Reuters) – U.S. equity futures pointed to a fifth day of losses for the main indexes on Wednesday, spooked by a rise in bond yields and nerves ahead of earnings from scandal-hit Facebook.
(Reuters) – China’s ZTE Corp said on Wednesday it planned to take “certain actions” under U.S. laws following a ban by the U.S. government on American firms doing business with the company.
(Reuters) – Boeing Co on Wednesday reported a higher-than-expected quarterly profit and raised its full-year forecast for earnings per share and cash flow, boosted by strong demand for air travel.
(Reuters) – Twitter Inc reported its second profitable quarter on Wednesday and topped Wall Street estimates for revenue and monthly active users, as advertisers in Asia and other markets outside the United States embraced its video ads.
LONDON (Reuters) – Sky withdrew its recommendation of Rupert Murdoch’s contested bid for the European pay-TV group after rival Comcast submitted a higher, 22 billion-pound ($31 billion) cash offer on Wednesday.
LONDON (Reuters) – Shares were on their way to the longest losing streak of the year on Wednesday, as an advance in U.S. bond yields beyond 3 percent and warnings from top global firms about rising costs fed fears a boom in earnings may have peaked.
LONDON (Reuters) – Rolls-Royce and Airbus have signed a deal to collaborate on development of the UltraFan, a new engine that is intended to 25 percent more fuel efficient than the earliest version of the Trent engine, the British company said on Wednesday.
(Reuters) – Twitter Inc reported its second profitable quarter on Wednesday and topped Wall Street estimates for revenue and monthly active users, as advertisers in Asia and other markets outside the United States embraced Twitter’s video ads.
BERLIN (Reuters) – Porsche has appealed against the seizure of files by prosecutors during a raid last week on the sports car brand’s premises related to inquiries into emissions manipulations, prosecutors said.
(Reuters) – Twitter Inc reported its second profitable quarter on Wednesday and topped Wall Street estimates for revenue and monthly active users, as advertisers in Asia and other markets outside the United States embraced Twitter’s video ads.
LONDON (Reuters) – World shares were on their longest losing streak of the year on Wednesday, as a rise in U.S. bond yields above 3 percent and warnings from top global firms about rising costs fed fears a boom in earnings may have peaked.
LONDON (Reuters) – U.S. cable company Comcast Corp made a 22 billion pound ($31 billion) offer for pay-TV group Sky on Wednesday, beating an already agreed takeover bid from Rupert Murdoch’s Fox by 16 percent.
SEOUL (Reuters) – General Motors Co and the South Korean government are considering raising the size of their investment in the U.S. automaker’s South Korean subsidiary from a previously proposed $2.8 billion, a senior government official with direct knowledge of the matter said on Wednesday.
BERLIN (Reuters) – Airbus and Dassault Aviation have signed an initial agreement for cooperation on Europe’s Future Air Combat System (FCAS), the two companies said on Wednesday.
BERLIN (Reuters) – Boeing has teamed up with 10 German firms as part of its bid to win a 4 billion euro ($4.9 billion) heavy-lift helicopter contract from Berlin, the U.S. company said on Wednesday.
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