Airbus nears deal to sell around 400 jets to Indigo Partners: sources
DUBAI (Reuters) – Airbus SE is close to agreeing a blockbuster order worth more than $40 billion at list prices to sell around 400 aircraft to U.S.-based investment fund Indigo Partners, founded by low-cost airline pioneer Bill Franke, two sources sai…
Sessions declines to say if White House asked about AT&T-Time Warner merger
WASHINGTON (Reuters) – U.S. Attorney General Jeff Sessions would not say on Tuesday if White House officials contacted his department about its review of AT&T Inc’s proposed purchase of Time Warner , which one analyst said the Justice Department may sue to block as soon as Wednesday.
Foxconn’s third quarter profit slides below estimates after iPhone X production hurdles
TAIPEI (Reuters) – Taiwan’s Foxconn , the world’s largest contract electronics manufacturer, saw quarterly profit slide 39 percent – a result far below estimates and widely attributed to production issues for Apple Inc’s iPhone X.
Oil prices slide after IEA casts doubt over demand outlook
LONDON (Reuters) – Oil prices slipped for the fourth day in a row on Wednesday on a gloomy outlook for oil demand growth from the International Energy Agency and worries that data expected later in the day would show U.S. output rising, undermining OPE…
Foxconn’s quarterly profit slides 39 percent amid shipment woes
TAIPEI (Reuters) – Taiwan’s Foxconn , the world’s largest contract electronics manufacturer and a major Apple supplier , posted a 39 percent drop in third-quarter earnings due to later-than-expected product shipments.
Asian stocks slip as oil woes sap sentiment, euro stands tall
TOKYO (Reuters) – Asian stocks slipped on Wednesday after weaker crude oil prices took a toll on Wall Street, while the euro kept big gains after enjoying a boost from robust German economic growth.
Firefox opts for Google as default search in U.S., surprising Yahoo
SAN FRANCISCO (Reuters) – Alphabet Inc’s Google reclaimed on Tuesday its spot as the default search engine on Mozilla Corp’s Firefox Internet browser in the United States and other regions as the browser maker stunned Verizon Communication Inc’s Yaho…
Wells Fargo repays $5.4 million for repossessing service members’ cars
(Reuters) – Wells Fargo & Co has repaid another $5.4 million to about 450 military service members whose vehicles it repossessed illegally, the U.S. Department of Justice said on Tuesday.
Buffett’s Berkshire slashes IBM stake, adds to Apple
NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway Inc has sold another large piece of its stake in IBM Corp , backing further away from an investment that the billionaire has admitted was not one of his best.
Fund managers clash over Snap shares
NEW YORK (Reuters) – Fund managers expressed sharply contradicting views on Snap Inc during the social media company’s challenged third quarter, regulatory filings showed on Tuesday.
