AIG third-quarter profit misses estimates
Insurer American International Group Inc missed analysts’ estimates for third-quarter profit on Friday due to weakness in its life and retirement business.
Futures rise on bounce in China factory activity; U.S. jobs report awaited
U.S. stock index futures gained on Friday as a surprise rise in China’s manufacturing activity boosted sentiment, while investors awaited a crucial U.S. jobs report.
Wall Street Week Ahead: Travel, leisure company reports set to give view of economy, consumer
A wide swath of the U.S. travel and leisure industry is set to provide insight next week on the state of the economy, including trends in consumer spending, fallout from U.S.-China trade tensions and any damaging impact from the stronger U.S. dollar.
Lookers bosses leave as car dealer sounds another profit alarm
British car dealership Lookers said on Friday its top boss and operations chief will step down immediately after weak sales led to a second profit warning in less than four months, sending its shares down as much as 30% and rattling peers.
India orders IndiGo to replace all Pratt engines on Airbus A320neo planes
IndiGo must replace all Pratt & Whitney (P&W) engines on its fleet of almost 100 twin-engined Airbus A320neo family aircraft with new P&W power units, India’s air safety watchdog said on Friday following recent inflight engine shutdowns.
Analysts slam Shell over buyback delay warning
Analysts on Friday slammed Royal Dutch Shell’s warning of possible delays to its $25 billion share buyback as an unnecessary step that undermines the energy giant’s management.
Procter & Gamble, rivals take refills into beauty aisle
Under pressure to reduce environmental waste from single-use containers, major consumer companies including Procter & Gamble Co , Unilever Plc and The Body Shop are rolling out more products in refillable form.
Danske Bank tempers full-year profit expectations, unveils plan to control costs
Danske Bank shares fell more than 4% on Friday after the troubled lender said its annual profit would come in at the low end of forecasts, and unveiled plans to get costs and compliance under control by 2023.
No Israeli government involvement in alleged NSO-WhatsApp hack: minister
The Israeli government on Friday denied any involvement in an alleged cyber- hack by Israeli surveillance firm NSO Group.
Oil rises on Chinese factory data but set for weekly loss
Oil prices rose on Friday but remained on track for a weekly loss as a surprise bounce in Chinese manufacturing activity calmed investors’ worries about progress in U.S.-China trade talks.
