NTSB to determine probable cause of fatal Uber self-driving crash
The U.S. National Transportation Safety Board (NTSB) will hold a Nov. 19 hearing to determine the probable cause of a March 2018 Uber Technologies Inc self-driving vehicle crash that killed a pedestrian in Arizona.
Renault warns sales to fall in 2019 as automakers struggle
France’s Renault on Thursday cut its revenue guidance for 2019 further and lowered its profitability forecast, citing difficulties in markets such as Turkey and Argentina as carmakers grapple with a broad-based slump in auto sales.
U.S. boutique banks woo French bankers in Paris advisory push: sources
Several U.S. boutique investment banks are looking to hire senior staff in Paris in the wake of Britain’s departure from the EU and have poached bankers from France’s most established advisory firms, including Lazard, sources told Reuters.
In trading revamp, Goldman’s message to staff: be like dealmakers
Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall a whopping 84%, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they have figured out the key to a turnaround: ask…
Saudi Aramco delays planned IPO: FT
Saudi Aramco has delayed the planned launch of its initial public offering, the Financial Times reported on Thursday, citing three people familiar with the matter.
Wall Street edges higher on robust earnings, Brexit deal
Wall Street gained ground on Thursday as positive geopolitical developments and a string of corporate earnings beats put investors in a buying mood.
Blackstone’s financing for Merlin deal unsettles bond market
(This October 17 story refiles to change Thursday to Wednesday in fifth paragraph)
EDF CEO says France prepares to build new nuclear plants: Le Monde
It is clear that France is preparing to build new nuclear power plants, Jean-Bernard Levy, Chief Executive of state-controlled utility EDF , said in an interview with Le Monde newspaper on Thursday.
Big U.S. liquefied natgas players move fast; smaller ones try to keep up
A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals with fewer long-term contracts, while smaller developers struggle to find financin…
Johnson & Johnson agrees to pay about $117 million to settle U.S. states’ mesh probe
Johnson & Johnson has agreed to pay nearly $117 million to resolve allegations that it deceptively marketed transvaginal surgical mesh devices, U.S. state attorneys general said on Thursday.
