Boeing in 175 plane deal with budget carrier flydubai
DUBAI (Reuters) – Boeing Co. reached a preliminary deal for 175 of its 737 MAX jets with flydubai on Wednesday, potentially committing the budget airline’s fleet to the U.S. planemaker for another decade.
Target’s holiday-quarter profit forecast disappoints
(Reuters) – Target Corp issued an underwhelming profit forecast for the key holiday quarter, as it continues to depend on price cuts to drive traffic to its stores and websites, sending its shares down 3 percent in premarket trade.
Exclusive: Carlyle seeks to raise $1 billion for new energy fund – sources
LONDON (Reuters) – Carlyle Group , the world’s largest private equity firm, is raising $1 billion for a new fund to invest in oil and gas outside the United States as a stronger outlook for oil prices rekindles investor appetite, banking sources told R…
Exclusive: Amazon scraps bundled video service – sources
NEW YORK/LOS ANGELES (Reuters) – Amazon.com Inc has scrapped plans to launch an online streaming service bundling popular U.S. broadcast and cable networks because it believes it cannot make enough money on such a service, people familiar with the mat…
Israel prepares to send tax bills to Facebook, Google: report
JERUSALEM (Reuters) – Israel is planning to send tax bills within a year to internet companies Google and Facebook, financial newspaper TheMarker reported on Wednesday, joining efforts by several countries, including the European Union, to get the inte…
Qualcomm-NXP ruling may be in 2018: EU competition commissioner
BEIJING (Reuters) – A ruling on Qualcomm Inc’s proposed $38 billion acquisition of NXP Semiconductors NV may come in 2018, European Commissioner for Competition Margrethe Vestager said on Wednesday.
Shareholders take aim at Murdochs with Fox voting rights push
NEW YORK (Reuters) – A shareholder proposal calling for Twenty-First Century Fox Inc to do away with its dual-class share structure may inflict a symbolic black eye on the media company’s founder Rupert Murdoch and his family at its annual meeting on W…
More cases against Google to come, EU commissioner says
BEIJING (Reuters) – There are more cases against Alphabet Inc’s Google to come, Margrethe Vestager, the European Commissioner for Competition, said on Wednesday during a trip to Beijing.
Tencent third-quarter profit surges on smartphone games, payment services
HONG KONG (Reuters) – Chinese internet giant Tencent Holdings Ltd posted a 69 percent jump in its quarterly net profit, blowing past estimates, underpinned by a strong growth in revenue from its smartphone games and payment-related services.
Airbus in record 430 plane deal with budget airline backer Franke
DUBAI (Reuters) – Airbus landed a deal for a record 430 of its A320neo-family jets on Wednesday as U.S. investor Bill Franke raised his bet on budget airlines.
