Apple to donate a portion of App Sales to support the environment
(Reuters) – Apple Inc will donate sales of select apps in April to the World Wildlife Fund amid its growing focus on environmental issues, the company announced.
How Saudi Arabia plans to shake up its economy
RIYADH/DUBAI (Reuters) – In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia’s economy could survive an era of cheap oil.
Tame U.S. inflation supports Fed’s cautious rate policy
WASHINGTON (Reuters) – U.S. consumer prices barely rose in March and underlying inflation slowed, suggesting little urgency for a cautious Federal Reserve to raise interest rates in the near term.
BMW recalls 7 Series models due to air bag issue
(Reuters) – BMW AG is recalling its new flagship 7-series luxury limousine due to a potential air bag deployment issue, the company said on Thursday.
Investors find safety in J&J shares, but run could stall
NEW YORK (Reuters) – After lagging a six-year healthcare sector run fueled by fast-growing biotech companies, Johnson & Johnson shares have beaten the group in 2016 as investors turn to safety in rocky equity markets.
Delta Air profit tops expectations; smaller unit revenue decline seen
(Reuters) – Delta Air Lines Inc on Thursday reported a first-quarter profit above analysts’ estimates and indicated it could cut flight capacity in the fall if necessary to stop a months-long decline in unit revenue.
Boeing wins U.S. Army helicopter deal worth $1.5 billion
WASHINGTON (Reuters) – Boeing Co on Thursday said it had won a U.S. Army contract valued at about $1.5 billion to remanufacture 117 AH-64D Apache helicopters to the new AH-64E model.
Shares hit 2016 high, FX hit by Singapore sting
LONDON (Reuters) – World stocks rose to their highest level in more than four months on Thursday and the dollar chalked up a third day of gains as markets took a positive view ahead of top policymaker and oil producer meetings.
Macquarie lays off 15 percent of U.S. investment banking group: sources
(Reuters) – Australia’s Macquarie Group Ltd shed close to 15 percent of its U.S. investment banking workforce this month to replenish its ranks with star performers in North America, according to people familiar with the matter.
Clock ticking as Swiss watchmakers await market recovery
LA CHAUX-DE-FONDS/LE LOCLE, Switzerland (Reuters) – In two small Swiss towns, watchmakers are trying to strike a balance as delicate as the mechanisms in their precision-engineered watches – squeezing suppliers to cope with an industry crisis while pre…
