After surrendering CSeries, Bombardier pushes regional plane revival
MONTREAL (Reuters) – As Bombardier surrenders hopes of securing a top spot in commercial aviation with the sale of its money-losing CSeries jet program to Airbus , the Canadian company is now drawing up plans to breathe new life into its older regiona…
Starbucks sales forecast raises questions about China, U.S. growth
(Reuters) – Starbucks Corp shares fell 4 percent on Wednesday after a dim sales forecast from the U.S. coffee chain prompted Wall Street analysts to question the sustainability of its growth at home and next biggest market China.
Walt Disney raises bid for Fox assets to $38 per share
(Reuters) – Twenty-First Century Fox Inc said on Wednesday that Walt Disney Co has raised its offer for Fox assets to $38 per share, topping Comcast Corp’s $35 a share offer last week.
Stock futures climb after trade worries triggered selloff
(Reuters) – U.S. stock index futures rose on Wednesday, after a punishing few sessions for Wall Street due to a rapid escalation in trade tensions between the United States and China.
EU Parliament committee votes for tougher EU copyright rules to rein in tech giants
BRUSSELS (Reuters) – Google , Facebook , Microsoft and other tech giants could face more curbs on their market power after a European Parliament committee voted in favor of tougher copyright rules on Wednesday.
Tesla’s Musk says Germany a front runner for Europe Gigafactory
STOCKHOLM (Reuters) – U.S. electric carmaker Tesla favors Germany as the location for its first European Gigafactory, its chief executive said, in what would be the latest move by an outside firm into the European battery market.
World shares snap five-day losing streak on China policy expectation
LONDON (Reuters) – World stocks steadied near three-week lows on Wednesday and Chinese markets bounced after recent sharp falls as expectations grew that policy stimulus by Beijing could temper some of the impact from an escalating Sino-U.S. trade conf…
Bombardier to sell 20 aircraft to Delta Air Lines
(Reuters) – Canadian plane and train maker Bombardier Inc said on Wednesday that Delta Air Lines Inc has signed a purchase agreement for 20 CRJ900 aircraft, in a deal valued at about $961 million.
Oil traders ready for musical chairs as China tariffs loom
NEW YORK (Reuters) – Oil markets are bracing for a reshuffle of global trade flows as China threatens to impose tit-for-tat tariffs on imports of U.S. energy products, including crude.
China’s Xiaomi targets as much as $6.1 billion in Hong Kong IPO: sources
HONG KONG (Reuters/IFR) – Chinese smartphone maker Xiaomi Corp is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the biggest tech floats globally of recent…
