Healthcare stocks jump after Republicans unveil plan; banks, staples slip
(Reuters) – The S&P healthcare index rose 1 percent on Thursday, hitting its fifth consecutive record close following the release of Senate Republicans’ bill to replace Obamacare, while financial and consumer staple shares ended lower.
Tesla reaches agreement with Shanghai to explore production: Bloomberg
Tesla’s revenue from China more than tripled to over $1 billion last year, according to its annual report.
Indian IT sector lobby group sees export growth at 7-8 percent for 2017-18
(Reuters) – A leading lobby group for India’s IT industry on Thursday forecast the sector’s export revenues to grow at 7-8 percent for the year to March, around the growth levels seen last year, as the industry faces continued headwinds from the U.S. m…
China regulator orders checks on loans to acquisitive firms – sources
BEIJING (Reuters) – China’s banking regulator has ordered a group of commercial banks to assess their exposure to offshore purchases by a handful of acquisitive Chinese corporate groups, two people familiar with the matter said on Thursday.
Boeing wins hot Paris order race
PARIS (Reuters) – Boeing won a race for new business at the Paris Airshow, rolling out a new model of its best-selling 737 airliner that helped it claim back the order crown from rival Airbus
Oil bounces up off 10-month lows; crude glut still weighs
NEW YORK (Reuters) – Oil rose on Thursday, a day after sliding to 10-month lows, but market sentiment remained negative due to ongoing pressure from a persistent supply glut despite OPEC-led efforts to balance the market.
Belgium drops case against business of LVMH chief Arnault
BRUSSELS (Reuters) – Belgian prosecutors said on Thursday they have closed an investigation into a 2.9 billion euro ($3.24 billion) capital increase in a Belgian company owned by billionaire and chief executive of LVMH Bernard Arnault.
Iran’s Airtour signs MoU for 45 A320neo Airbus aircraft
PARIS (Reuters) – Iran’s Airtour Airlines has signed a memorandum of understanding (MoU) for 45 Airbus A320neo aircraft, Airbus said on Thursday, in a deal unveiled at the Paris Airshow.
Eyes on AirAsia as Airbus looks for airshow comeback: sources
PARIS (Reuters) – Airbus has seen its rival Boeing grab most of the headlines at the Paris Airshow this week, but it could turn to AirAsia – one of its largest customers – to narrow the gap after the launch of a new Boeing plane, industry sources sai…
UK competition watchdog clears Standard Life-Aberdeen deal
(Reuters) – Britain’s competition watchdog said it had cleared Standard Life’s 11 billion pound ($14 billion) deal to buy Aberdeen Asset Management , paving the way for the tie-up which will create the country’s biggest listed asset manager.
