Business & Finance News
Mark Wiseman, global head of active equities at BlackRock Inc , is leaving the firm following a violation of the company’s “relationships at work policy,” the world’s largest asset manager said in an internal memo on Thursday.
U.S.-China trade talks are “moving right along,” President Donald Trump said on Thursday, striking an upbeat tone even as Chinese officials held fast to their line that existing tariffs must come off as part of an interim deal to de-escalate the 17-month trade war between the two powers.
Mark Wiseman, global head of active equities at BlackRock Inc, is leaving the firm following a violation of the company’s “relationships at work policy,” the world’s largest asset manager said in an internal memo on Thursday.
Significant additional regulatory requirements or delays in returning Boeing Co’s 737 MAX to commercial service could cause it to cut or temporarily halt production of the aircraft, it said in an Oct. 18 letter released on Thursday.
Wall Street was largely unchanged on Thursday as market participants stayed on the sidelines, awaiting further developments in the hoped-for interim trade deal between the United States and China.
The British cave explorer suing Elon Musk for calling him a “pedo guy” on Twitter testified on Thursday that his criticism of the Tesla Inc chief executive that led to the tweet was not a personal attack.
The UK’s Serious Fraud Office (SFO) has launched a bribery investigation into Glencore , adding to legal troubles that have hit the shares of one of the world’s biggest miners and commodity traders.
Facebook Inc on Thursday sued a Hong Kong company that it said baited people into clicking on celebrities’ photos and bogus advertising links, so it could install malware and run ads for counterfeit goods, diet pills and male enhancement supplements.
DUBAI/RIYADH Reuters) – State-owned oil giant Saudi Aramco’s initial public offering (IPO) will be the biggest in history, but will still fall significantly short of the towering $2 trillion valuation long sought by Crown Prince Mohammed bin Salman.
State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, making it the world’s biggest flotation by raising more than Alibaba’s $25 billion listing in 2014.
State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, making it the world’s biggest flotation by raising more than Alibaba’s $25 billion listing in 2014.
The U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a broad decline in imports hinted at a slowdown in domestic demand.
Airbus booked orders for 222 aircraft in November, driven mainly by the Dubai Airshow, and formally recognized a cut in orders for the soon-to-be-axed A380 superjumbo following a major fleet review by Dubai’s Emirates, company data showed on Thursday.
Japan’s No. 2 automaker Nissan Motor Co said on Thursday its U.S. unit would halt operations for two days next month, as the company tries to reverse a slide in profitability in the country.
Significant additional regulatory requirements or delays in returning Boeing Co’s 737 MAX to commercial service could cause it to cut or temporarily halt production of the aircraft, it said in a letter seen by Reuters on Thursday.
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