Anti-Uber protests flare in Argentina as ride-hailing app prepares IPO
Thousands of taxi drivers snarled traffic in the center of Buenos Aires on Thursday to protest the threat to their business from Uber, in the latest reminder of the headaches the ride-hailing platform faces worldwide as it prepares to go public.
FAA to meet with U.S. airlines, pilot unions on Boeing 737 MAX
The U.S. Federal Aviation Administration (FAA) will this week hold a meeting with major U.S. airlines that fly the currently grounded Boeing 737 MAX aircraft and three major pilots’ unions, the agency confirmed on Thursday.
Campbell to sell fresh food business for about $500 mln to former executive: WSJ
Campbell Soup Co is nearing a deal to sell its fresh foods unit, including Bolthouse Farms, for about $500 million to a group led by the former chief executive officer of the unit, the Wall Street Journal reported.
Healthcare drags on Wall Street as investors eye bank earnings
Healthcare stocks pulled Wall Street lower on Thursday as growing fears of a global economic slowdown countered upbeat economic data and investors waited for earnings season to kick into high gear.
Exclusive: Arrival of Putin’s judo partner squeezed Shell out of LNG project – sources
Royal Dutch Shell pulled out of a project to build a Russian liquefied natural gas plant partly because Gazprom suddenly added another partner with links to an ally of President Vladimir Putin, according to five sources.
With ‘pop-ups’ and menswear, Vuitton aims to keep luxury crown
From New York’s Fifth Avenue to Paris’ Place Vendome, Louis Vuitton sells its handbags at some of the world’s swankiest locations – but the brand is increasingly betting on “pop-ups” in off-beat spots as one way to keep shoppers hooked.
Wall Street treads water ahead of big bank earnings
U.S. stock traded in a tight range on Thursday, as losses in the healthcare sector were offset by a rise in industrial shares, with big U.S. banks notching gains ahead of earnings.
Deutsche Bank investor to file AGM motion to oust chairman
Deutsche Bank investor Riebeck-Brauerei plans to file a motion seeking a vote to oust the bank’s chairman Paul Achleitner at this year’s annual general meeting, a lawyer for the shareholder said on Thursday.
Oil prices slip nearly 2% as OPEC mulls output hike, U.S. stocks build
Oil prices fell nearly 2 percent on Thursday after sources said that OPEC may raise output from July if Venezuelan and Iranian supplies fall further and prices keep rallying.
Deutsche Bank investor to file AGM motion seeking to oust chairman
Deutsche Bank investor Riebeck-Brauerei plans to file a motion seeking a vote to oust the lender’s chairman Paul Achleitner at this year’s annual general meeting, a lawyer for the activist shareholder said on Thursday.
