Uber’s London license appeal could take years: Mayor Khan
LONDON (Reuters) – Uber’s [UBER.UL] appeal process against a decision by London’s transport regulator to strip the taxi app of its operating license in the British capital could take years, the Mayor of London Sadiq Khan said on Thursday.
T-Mobile US to propose significant share buyback: CFO
BARCELONA (Reuters) – U.S. No.3 carrier T-Mobile US will propose a “significant” share buyback that could start in December, finance chief Braxton Carter said on Thursday, a sign of confidence after the collapse of its merger with Sprint Corp.
T-Mobile to roll out U.S. 5G network by 2020
BARCELONA (Reuters) – T-Mobile US, the third-largest U.S. mobile operator, will roll out its fifth-generation network across the United States by 2020, Chief Technology Officer Neville Ray said on Thursday.
Europe’s longest stocks sell-off of the year abates
LONDON (Reuters) – Investors tentatively returned to world stock markets looking for bargains on Thursday, after Europe’s longest losing streak of the year and the worst run since March for the top global indices.
Few banks seen queuing for China’s red carpet invite
HONG KONG (Reuters) – China stunned the finance world last week when it unveiled plans to allow foreign control of its financial institutions. Few bankers thought their long-held dream of better access to the world’s largest banking market was within r…
Oil steady as expected output curbs balance U.S. supply
LONDON (Reuters) – Oil markets stabilized on Thursday as expectations that OPEC would extend production limits balanced rising U.S. crude production and inventories.
Asia shares gain despite Wall St. weakness, dollar edges higher
TOKYO/SYDNEY (Reuters) – Asian shares shrugged off Wall Street losses and a lackluster start to rally on Thursday, while the dollar edged up as investors priced in more U.S. rate hikes after upbeat economic data.
Asia shares gain despite Wall St. slip, dollar edges higher
TOKYO/SYDNEY (Reuters) – Asian shares shrugged off a lackluster start and pushed higher, while the dollar edged up as investors priced in more U.S. rate hikes after upbeat economic data.
Oil stable as OPEC cuts counter rising U.S. supplies
SINGAPORE (Reuters) – Oil markets were stable on Thursday as rising U.S. crude production and inventories were countered by expectations that OPEC will extend an ongoing production cut during a meeting at the end of this month.
Meredith, Time Inc restart deal talks with Koch brothers’ support: NYT
(Reuters) – Time Inc is in talks with Meredith Corp again to sell itself in a potential deal backed by billionaire brothers Charles Koch and David Koch, the New York Times reported.
