Malaysia Airlines close to deal for more widebody Airbus planes
CANCUN, Mexico (Reuters) – Malaysia Airlines is close to signing deals for six or seven second-hand widebody A330 planes for its fleet this year as it seeks to grow on international routes amidst good demand for summer bookings, its chief executive sai…
‘Wonder Woman’ could lift Time Warner shares 20 percent Barron’s
(Reuters) – The successful opening of “Wonder Woman” this weekend could fuel shares of Time Warner Inc to a 20 percent stock return over the coming year, Barron’s said on Sunday.
Deutsche Bank’s Baenziger not in bonus clawback talks: paper
FRANKFURT (Reuters) – Deutsche Bank is not in advanced talks over frozen bonus payments, former board member Hugo Baenziger told Frankfurter Allgemeine Sonntagszeitung.
Audi CEO may not stay until end 2022 due to board pact: sources
BERLIN (Reuters) – Embattled Audi Chief Executive Rupert Stadler only got a five-year contract extension last month because of an agreement among supervisory board members that he would not serve out his full term, two sources close to the company’s su…
Exclusive: Trump administration concerned about U.S. firms giving financial ‘lifeline’ to Venezuela
WASHINGTON (Reuters) – The Trump administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela’s government, senior White House officials told Reuters, after Goldman Sachs Group Inc came under fire for p…
Toyota sells all shares in Tesla as their tie-up ends
TOKYO (Reuters) – Toyota Motor Corp said on Saturday it had sold all shares in Tesla Inc by the end of 2016, having canceled its tie-up with the U.S. luxury automaker to jointly develop electric vehicles.
As large cap gets larger, can the tech rally continue?
NEW YORK (Reuters) – Technology shares have led U.S. stocks to record highs and are expected to continue to rise, but as market value becomes concentrated in the largest companies, some are beginning to look for the next rally leader.
Dollar Express sues Dollar Tree for driving it out of business
WASHINGTON (Reuters) – U.S. discount retailer Dollar Express has filed a lawsuit accusing rival Family Dollar and its parent company Dollar Tree Inc of driving it out of business, the third government-required divestiture to fail in recent years.
Apple set to expand Siri, taking different route from Amazon’s Alexa
(Reuters) – Apple Inc is expected to announce plans next week to make its Siri voice assistant work with a larger variety of apps, as the technology company looks to counter the runaway success of Amazon.com Inc’s competing Alexa service.
Wal-Mart reassures employees as it touts tech investments
FAYETTEVILLE, Ark. (Reuters) – Wal-Mart Stores Inc executives on Friday reassured workers they remained integral to the company’s success as they highlighted investments in online sales and other technology to compete with rivals like Amazon.com Inc ….
