UK’s business committee to investigate Thomas Cook collapse
The British parliament’s business committee has launched an inquiry into the collapse of travel group Thomas Cook and will seek to question the management over issues such as executive pay and accounting practices.
Aramco picks SMBC Nikko Securities as first Japanese bookrunner for IPO: sources
Saudi Aramco has chosen SMBC Nikko Securities as a bookrunner for its initial public offering (IPO), the first Japanese financial firm to grab a role in the mega deal, three sources familiar with the matter said.
Local officials in 31 U.S. states write to McDonald’s on sexual harassment
Scores of local government officials from 31 U.S. states pressured McDonald’s Corp’s on Thursday to do a better job of protecting workers from groping, obscene comments and other forms of sexual harassment, adding their voices to an employee-led campa…
U.S. stocks, bond yields slip on report against Trump
U.S. stocks and government debt yields fell on Thursday after the release of a whistleblower complaint that accused President Donald Trump of pressing Ukraine to investigate one of his main political rivals in next year’s U.S. presidential election.
Apple supplier Japan Display loses out on Chinese funds, bailout at risk
Apple Inc supplier Japan Display Inc said on Thursday that Chinese investment firm Harvest Group would withdraw from a bailout of the cash-strapped smartphone screen maker, increasing the chance of the 80 billion yen ($743 million) deal collapsing.
WTO to back around $7.5 billion U.S. tariffs on EU in aircraft spat: sources
The United States has been granted approval to impose tariffs on European Union goods with an annual trade value around $7.5 billion over illegal government support for European planemaker Airbus , people familiar with the matter said.
Commodities trader Cargill’s quarterly profit rises 3% on beef, eggs demand
Global commodities trader Cargill Inc [CARG.UL] reported a 3% increase in adjusted quarterly profit on Thursday, citing strong consumer demand for meat and eggs in North America and growth in its animal nutrition businesses.
Governments must ensure ECB is not overburdened, Merkel says
Euro zone governments must reform their economies and use appropriate fiscal policies to ensure that the European Central Bank is not overburdened, German Chancellor Angela Merkel said on Thursday.
Dallas Fed’s Kaplan: U.S. needs more, not less, immigration for economic growth
Proposals to curb immigration will weigh on economic growth in the United States where the existing workforce is growing more slowly as the population ages, Dallas Federal Reserve president Robert Kaplan said on Thursday.
Ryanair not interested in buying Thomas Cook airlines
Ryanair is not interested in taking over any of the airlines of travel firm Thomas Cook , which has gone into liquidation, its chief executive said on Thursday.
