White House will look ‘very carefully’ at Peugeot, Fiat Chrysler deal: Kudlow
U.S. President Donald Trump’s administration will look very closely at the planned merger between Fiat Chrysler and Peugeot owner PSA , White House economic adviser Larry Kudlow said on Friday.
Aramco meets investors in last-minute bid to hit $2 trillion IPO target: sources
Saudi Aramco officials and advisers are holding last-minute meetings with investors in an attempt to achieve as close to a $2 trillion valuation ahead of an expected Sunday announcement that the initial public offering (IPO) will go ahead, according to…
Fed’s Kaplan says policy is appropriate, should now be patient
Dallas Federal Reserve Bank President Robert Kaplan said on Friday the U.S. central bank now has monetary policy at a “roughly” appropriate setting and should leave interest rates where they are for the time being.
Google takes on wearables giants with $2.1 billion Fitbit deal
Alphabet Inc-owned Google will buy fitness tracker pioneer Fitbit Inc for $2.1 billion, as the search giant looks to take on Apple and Samsung in the fast-growing market for wearable devices.
S&P 500, Nasdaq hit record high on U.S. jobs report, China data
U.S. stocks rose nearly 1% on Friday, taking comfort from October data that showed U.S. jobs growth slowed less than expected and China’s factory activity expanded at its fastest pace in more than two years.
Google enters wearables market with $2.1 billion Fitbit deal
Alphabet Inc-owned Google will buy fitness tracker pioneer Fitbit Inc for $2.1 billion, as the search giant takes on Apple and Samsung in the fast-growing market for wearable devices.
Nordic and Baltic equity trading halted again by tech glitch
Nasdaq’s Nordic and Baltic stock markets were halted by technical problems for a second time on Friday, only minutes after trading resumed following earlier problems.
Shell under fire over buyback delay warning
Royal Dutch Shell faced a torrent of criticism from analysts on Friday for warning of possible delays to its $25 billion share buyback program, with some saying the move had undermined the credibility of the oil giant’s management.
Three flight attendant unions say 737 MAX hearings were a step backward
Unions representing flight attendants at the three U.S. airlines that operate Boeing Co’s 737 MAX said they are more reluctant to support the grounded jet’s return after Congressional hearings this week on its development.
Chevron’s profit falls due to weaker oil and gas prices
Chevron Corp reported a 36% drop in third-quarter profit on Friday, hit by lower oil and gas prices and refining margins, and warned higher costs would affect results in its current quarter, sending shares lower.
