Caterpillar expects to raise dividend, buy back shares over next four years
Caterpillar Inc said on Thursday it expects to increase dividend and buy back shares over the next four years, and forecast services revenue to surge in the coming years.
Bombardier to create single aviation division, sell Belfast plant
Canada’s Bombardier Inc said on Thursday it would unite its corporate and regional jet-making units into a single aviation division, as it continues focusing on its strongest businesses while shedding aerostructure facilities in Belfast and Morocco.
Futures eke out gains as investors look past Fed decision
U.S. stock index futures were modestly higher on Thursday, as investors looked past the Federal Reserve’s patient stance on monetary policy and awaited more earnings reports.
Tesla files for offering to raise capital
Tesla Inc filed for a mixed shelf offering for an undisclosed amount on Thursday, a week after Chief Executive Officer Elon Musk suggested a capital raise could be imminent.
Indigo joins likely bidders for Thomas Cook airline: sources
Indigo Partners and Lufthansa are among the likely bidders for Thomas Cook’s airline business, with a deadline of May 7 set for expressions of interest, sources said.
Bombardier says to create single aviation unit, sell non-core assets
Canada’s Bombardier Inc said on Thursday it would combine its corporate and regional jet units into a single aviation unit and shed more non-core assets by selling off its Belfast and Morocco aerostructures businesses.
UK’s Lidington: Huawei leak inquiry needed to ensure government integrity
The British government’s inquiry into the disclosure of secret information relating to Chinese telecoms company Huawei was needed to ensure the integrity of national security discussions, cabinet office minister David Lidington said on Thursday.
Bombardier Belfast union says proposed plant sale shock to 3,600 workers
Trade unions in Belfast expressed shock on Thursday after Canada’s Bombardier Inc announced plans to sell its plant in the city, the largest high-tech manufacturer in Northern Ireland, which employs over 3,600 people.
UK investigated Huawei leak because it came from top intel briefing: UK PM spokesman
The British government needed to investigate the disclosure of secret information relating to Chinese telecoms company Huawei because it came from a classified intelligence briefing, the prime minister’s spokesman said on Thursday.
UBS chairman defends French tax case to shareholders
UBS Group had to go to court in France to fight charges that the Swiss bank helped wealthy clients dodge taxes because it was unable to strike a reasonable settlement, Chairman Axel Weber told shareholders on Thursday.
