Dollar holds firm after upbeat data, hovers near nine-month high vs yen
The dollar stood tall against its peers on Friday, hovering near a nine-month high versus the yen, after data reinforced upbeat views about the U.S. economy and backed the Federal Reserve’s signal for a steady course of rate increases over the next yea…
Global M&A volume flattens in third quarter as trade tensions loom
Global mergers and acquisitions dropped to $783 billion in the third quarter, down 35 percent from the prior quarter, as the escalating trade dispute between the United States and China cast a shadow on the financial and regulatory prospects of some de…
WITHDRAWAL: Apple shaves cost from displays in newest iPhones – analyst firm
The Reuters story “Apple shaves cost from displays in newest iPhones -analyst firm” published Sept. 25 is withdrawn because analyst firm TechInsights of Canada now says its analysis of Apple’s iPhone Xs Max parts was inaccurate and that parts were not …
Rolls-Royce facing fresh issues on Trent 1000 engine
Rolls-Royce said on Thursday that turbine blades of its problematic Trent 1000 engines were wearing out faster than expected, grounding additional Boeing Co 787 widebody jets for early repairs.
Goldman, JPMorgan, four others must face stock lending antitrust case
A U.S. judge on Thursday ordered Goldman Sachs Group Inc , JPMorgan Chase & Co and four other large banks to face an antitrust lawsuit by investors who said they conspired to stifle competition in the nearly $2 trillion stock lending market.
Ryanair strikes set to hit over 40,000 passengers across Europe
Ryanair is bracing on Friday for another strike by staff as walkouts in six European countries, mainly cabin crew, force flight cancellations that will disrupt the plans of more than 40,000 travellers.
SEC sue Musk for fraud, seek to remove him from Tesla
U.S. securities regulators on Thursday accused Tesla Inc Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of “false and misleading” tweets about potentially taking…
J.C. Penney CFO Jeffrey Davis to step down
Department store operator J.C. Penney Co Inc said on Thursday its Chief Financial Officer Jeffrey Davis plans to step down effective Oct. 1.
SEC sue Tesla’s Musk for fraud, seek to bar him as officer
U.S. securities regulators on Thursday accused Tesla Inc Chief Executive Elon Musk of fraud and sought to ban him as an officer of a public company, saying he made a series of “false and misleading” tweets about potentially taking the electric car com…
Boeing wins $9.2 billion contract for new Air Force training jet
Boeing Co was selected to build the U.S. Air Force’s next training jet in a contract worth up to $9.2 billion over the life of the program, the Air Force said on Thursday.
