Aramco listing reshapes Saudi Arabia’s OPEC oil policy
DUBAI/LONDON (Reuters) – Saudi Arabia’s plans to float state oil titan Aramco are prompting the country to think the unthinkable.
Accenture revenue beats as bets on digital, cloud pay off
(Reuters) – Accenture Plc reported better-than-expected quarterly revenue, as the consulting and outsourcing services provider benefited from its investments in fast-growing digital and cloud service businesses.
Dollar dips after Trump tax plan spurt, bond yields stay up
LONDON (Reuters) – The dollar pulled back on Thursday, having risen along with bond yields after President Donald Trump proposed the biggest shake-up of the U.S. tax system in three decades and data bolstered calls for another Fed rate hike this year.
Toshiba $18 billion sale of chip unit signed, but discord emerges immediately
TOKYO (Reuters) – Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key – albeit not its last – hurdle as it scrambles for funds to stave off a potential d…
Wealthy financiers could gain from Trump’s proposed tax cut for small businesses
WASHINGTON (Reuters) – High-income Wall Street financiers could be unintended winners from a section of U.S. President Donald Trump’s tax-cut plan that is meant to help mostly small, “mom-and-pop” businesses.
PM May warns Boeing its relationship with the UK is being undermined by Bombardier row
LONDON (Reuters) – British Prime Minister Theresa May said on Thursday that Boeing was undermining its relationship with Britain by its behavior in a dispute with Canadian rival Bombardier that has put 4,200 jobs at risk in Northern Ireland.
UBS says not target of German tax evasion investigation
ZURICH (Reuters) – Swiss bank UBS said on Thursday it was not the subject of a German investigation into suspected tax evasion following a search of its Frankfurt site a day earlier.
Ford’s Welsh engine plant to lose JLR business in 2020
LONDON (Reuters) – Jaguar Land Rover will stop sourcing petrol engines from Ford’s plant in Bridgend, Wales, and end its current contract earlier than expected in 2020.
PM May says Boeing’s behavior in Bombardier row is undermining its UK relations
LONDON (Reuters) – British Prime Minister Theresa May said on Thursday that Boeing is undermining its relationship with Britain by its behavior in a dispute with Canadian rival Bombardier that has put 4,200 jobs at risk in Northern Ireland.
As Ryanair cancellations mount, UK regulator urges ‘action, not words’
(Reuters) – Ryanair , Europe’s busiest airline, was warned to deliver “action, not words” by British aviation authorities on Thursday after it failed to inform 400,000 customers of their full rights regarding canceled flights through Christmas.
