Airbus shares fall as CEO warns of turbulent times ahead
PARIS (Reuters) – Shares in Airbus fell on Monday, with traders attributing the decline to comments from the company’s chief executive who had warned of turbulent times ahead for the European planemaker.
Oil stable on lower U.S. rig count, expectation of ongoing Saudi output restraint
SINGAPORE (Reuters) – Oil prices stabilized on Monday, after a 2 percent slide on Friday, as the number of rigs drilling for new oil in the United States dipped and on expectations that Saudi Arabia would continue to restrain its output to support the …
Shaky NAFTA deal threatens Navistar’s Mexico-made exports to world
MONTERREY, Mexico (Reuters) – Less than half the trucks exported from Navistar’s mammoth Escobedo plant in Mexico are sold in North America but the factory’s success remains tightly tied to the uncertain future of the region’s NAFTA free trade deal.
Uber suspends unlicensed service in Norway in change of tack
(Reuters) – Uber said on Monday it would suspend its unlicensed service UberPOP in Oslo until Norway introduces new rules, as the U.S. ride-hailing app adopts a more conciliatory tone with national authorities.
China shares hit 21-month high; Turkish lira takes a dive
SYDNEY (Reuters) – Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country’s service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and Britis…
Weinstein Co board ousts Harvey Weinstein after harassment allegations
(Reuters) – The Weinstein Co has fired co-Chairman Harvey Weinstein, effective immediately, following reports of sexual harassment allegations against the executive, who was one of Hollywood’s biggest power brokers, the film production company said on …
Oil up on expectation of Saudi production restraint, lower U.S. rig count
SINGAPORE (Reuters) – Oil prices edged up on Monday, after a 2 percent slide on Friday, on expectations that Saudi Arabia would continue to restrain its output in order to support prices, and as the amount of rigs drilling for new oil in the United Sta…
Shares inch ahead in Asia, Turkish lira takes a dive
SYDNEY (Reuters) – Australian shares and U.S. stock futures inched higher on Monday as the flow of economic news remained generally supportive for global growth, while political uncertainty caused some early ructions in currencies.
Asia shares inch ahead, Turkish lira takes a dive
SYDNEY (Reuters) – Asian share markets inched higher on Monday as the flow of economic news remained generally supportive for global growth, while political uncertainty caused some early ructions in currencies.
Bombardier’s new Global 7000 makes trade show debut
MONTREAL (Reuters) – Bombardier Inc’s largest business jet is making its debut on Sunday in Las Vegas, giving a glimpse of the ultra long-range plane the Canadian company is counting on for growth at a time of sluggish industry sales and as it fights …
