Russia’s top banks plot temporary sanctions workaround: sources
Leading Russian banks are working on plans to help each other retain at least short-term access to the global financial system in the event that they are hit by fresh U.S. sanctions, sources familiar with the matter told Reuters.
NTSB sending three to France to assist in Boeing ‘black box’ review
The U.S. National Transportation Safety Board is sending three investigators to France Thursday to assist with the downloading and analysis of flight recorders from the Ethiopian Airlines Boeing 737 MAX 8 that crashed Sunday near Addis Ababa, Ethiopia …
Wall Street dips on trade uncertainty, weak new home sales data
U.S. stocks dipped on Thursday weighed down by concerns of a delay in trade talks between the United States and China, and data which showed a higher-than-expected fall in new home sales in January.
Facebook users take to Twitter to rail about outage
Facebook Inc struggled to restore its services fully on Thursday after a 17-hour partial outage made the world’s largest social network inaccessible to users across the globe, driving a wave of online complaints.
Abu Dhabi state investor Mubadala halts business with Goldman Sachs amid 1MDB lawsuit
Abu Dhabi state investor Mubadala has suspended new business dealings with Goldman Sachs since its subsidiary filed a lawsuit in November against the U.S. bank and others to recover losses suffered through its dealings with Malaysian state fund 1MDB.
Wall Street flat at open as trade uncertainty clouds Apple boost
U.S. stocks opened little changed on Thursday as a report that a meeting between President Donald Trump and China’s Xi Jinping will most likely be pushed to April at the earliest, clouded investor sentiment and offset a boost from Apple’s shares.
Audi seeks closer ties to Porsche in cost-cutting drive
Audi will make greater use of vehicle platforms and technologies developed with Porsche and Volkswagen as it embarks on a 15 billion euro cost cutting and efficiency drive, Chief Executive Bram Schot said on Thursday.
‘Positive signs’ in Airbus-China talks, says French official
There are encouraging signs that European planemaker Airbus is closing in on a long-negotiated deal with China for dozens of new narrow-body jets, an aide to French President Emmanuel Macron said on Thursday.
Higher store spending to hit Dollar General 2019 profit, shares fall
Dollar General Corp forecast 2019 profit below analysts’ expectations on Thursday as the discount retailer ramps up spending on stores to pull in more customers, sending its shares down more than 7 percent.
Ethiopia crash black boxes probed in France, families mourn
Investigators in France took possession of the crashed Ethiopian Airlines jet’s black boxes on Thursday, seeking clues into a disaster that has grounded Boeing’s global 737 MAX fleet and left scores of families mourning and angry.
