Saudi’s flynas to buy Airbus aircraft worth $8.6 billion
DUBAI (Reuters) – Saudi Arabia’s flynas has struck a deal with Airbus to buy planes worth $8.6 billion, Kingdom Holding , which owns 34.1 percent of the budget carrier, said on Wednesday.
Bitcoin slides as China’s central bank launches checks on exchanges
SHANGHAI/LONDON (Reuters) – China’s central bank launched spot checks on leading bitcoin exchanges in Beijing and Shanghai, ratcheting up pressure on potential capital outflows and knocking the price of the cryptocurrency down more than 12 percent agai…
Airbus deliveries rose 8 percent, orders outpaced Boeing in 2016
TOULOUSE, France (Reuters) – Airbus posted an eight percent rise in deliveries last year, beating its own forecasts by a comfortable margin to set a company record, and pulled off a last-minute surge in orders to beat arch-rival Boeing in the race fo…
China’s Xi to promote globalization at Davos, not ‘war and poverty’
BEIJING/GENEVA (Reuters) – China’s President Xi Jinping will promote “inclusive globalization” at this month’s World Economic Forum (WEF) in Davos and will warn that populist approaches can lead to “war and poverty”, Chinese officials said on Wednesday…
Exclusive: Alibaba, part of planned Taiwan fund, won’t seek board seats at local firms – source
TAIPEI (Reuters) – Alibaba Group Holding, which is awaiting regulatory approval for a $45 million fund it is participating in, has promised the Taiwanese government it will not take board seats at local firms the fund invests in, a source with direct k…
U.S. companies have new business risk – being labeled ‘anti-American’ by Trump
NEW YORK/WASHINGTON (Reuters) – Some U.S. companies are reviewing potential mergers while others are rethinking job cuts or looking at their manufacturing operations in China for fear of being cast as “anti-American” by President-elect Donald Trump, ac…
Stocks edge down, dollar steady ahead of Trump news conference
LONDON (Reuters) – World stocks edged down from recent highs and the dollar steadied ahead of a news conference by U.S. President-elect Donald Trump in which he is expected to give more details about his plans for the U.S. economy.
Trump rally makes stock options great again for some CEOs
BOSTON (Reuters) – Donald Trump once described Jamie Dimon as “the worst banker in the United States,” but the president-elect has helped make the boss of JPMorgan Chase & Co $50 million richer.
Volkswagen confirms $4.3 billion U.S. settlement over diesel emissions
DETROIT/BERLIN (Reuters) – Volkswagen AG confirmed on Tuesday it has negotiated a $4.3 billion draft settlement with U.S. regulators to resolve its diesel emissions troubles and plans to plead guilty to criminal misconduct.
BOJ’s Kuroda told PM Abe U.S. economy growing steadily
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda voiced optimism over the health of the U.S. economy in a meeting with Prime Minister Shinzo Abe on Wednesday.
