Boeing set to lead Wall Street higher after two-day slump
(Reuters) – U.S. stocks were set to gain on Wednesday, after two days of steep losses, boosted by a controversy-free State of the Union speech by President Donald Trump and a rise in Boeing’s shares.
Boeing forecasts sharp rise in profit, jet output in 2018
NEW YORK (Reuters) – Boeing Co on Wednesday forecast full-year profit well above Wall Street estimates as it looks forward to its busiest year ever for plane deliveries, sending its shares up almost 6 percent.
Daimler suspends employee linked to emissions research group
MUNICH (Reuters) – German carmaker Daimler said it had suspended an employee and hired an external law firm to investigate the activities of a controversial research group which funded experiments that forced monkeys to inhale toxic emissions.
Market services business boosts Nasdaq’s quarterly profit
(Reuters) – Exchange operator Nasdaq Inc posted a fourth-quarter profit, helped by higher revenue at its market services and non-trading related businesses.
Nasdaq posts quarterly profit on higher market services
(Reuters) – U.S. exchange operator Nasdaq Inc posted a fourth-quarter profit, helped by higher revenue at its market services unit.
Japan’s Fujifilm to take over Xerox in $6.1 billion deal, create joint venture
(Reuters) – Japan’s Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into their existing joint venture to gain scale and cut costs amid declining demand for office printing.
Silver (haired) lining? Alibaba lures older shoppers as market slows
BEIJING (Reuters) – Online shopping may not be the typical domain of the elderly, but when it comes to buying groceries with a smartphone, Xiang Jiang, 70, considers herself rather savvy.
Morgan Stanley to decide on Brexit staff moves early this year
DUBLIN (Reuters) – Morgan Stanley will make decisions on redeploying staff to its chosen locations of Frankfurt, Paris and Dublin as a result of Brexit very early this year, its president said on Wednesday.
Global stocks eye second best start to a year on record
LONDON (Reuters) – World stocks pulled out of a two-day dive and were eyeing their second best start to a year ever on Wednesday, while the dollar came under renewed pressure ahead of the Federal Reserve’s first meeting of the year.
Coincheck falsely explained security to customers – industry group head
TOKYO (Reuters) – Japanese Coincheck made false explanations to customers about its security system before suffering one of the world’s biggest cyber heists, the head of a major cryptocurrency industry group said on Wednesday.
