Shell sees BG deal working with oil at $50 for two years: sources
LONDON (Reuters) – Royal Dutch Shell has told investors its purchase of BG can work even if oil prices average $50 a barrel for two years, its lowest estimate to date as it seeks to secure shareholder support for the $51 billion deal amid plunging crud…
Apple buys artificial intelligence startup Emotient: WSJ
(Reuters) – Apple Inc bought Emotient Inc, an artificial intelligence startup that reads people’s emotions by analyzing facial expressions, the Wall Street Journal reported.
China suspends market circuit breaker mechanism after stock market rout
SINGAPORE/SHANGHAI (Reuters) – China will suspend its new stock market circuit breaker as of Friday, the Shanghai and Shenzhen stock exchanges said on their websites on Thursday, after the mechanism sparked sharp falls in the country’s volatile markets…
China lets yuan slide, starts fight to halt turbulence
SHANGHAI/LONDON (Reuters) – China allowed the biggest fall in the yuan in five months on Thursday, pressuring regional currencies and sending global stock markets tumbling as investors feared it would trigger competitive devaluations.
Boeing delivers 762 jetliners in 2015, topping forecast
NEW YORK (Reuters) – Boeing Co said on Thursday that it delivered 762 jetliners in 2015, exceeding its target of 755 to 760 planes.
Yahoo looking to slash 10 percent or more of its workforce – Business Insider
(Reuters) – Yahoo Inc is working on a plan to cut its workforce by at least 10 percent and it could start the process as early as this month, Business Insider reported, citing sources.
Goldman, JPMorgan, Glencore defeat U.S. lawsuit over zinc prices
(Reuters) – A U.S. judge on Thursday dismissed a private antitrust lawsuit in which zinc purchasers accused affiliates of Goldman Sachs Group Inc , JPMorgan Chase & Co and Glencore Plc of conspiring to drive up the metal’s price.
Deutsche Telekom under scrutiny over working conditions at U.S. arm T-Mobile
FRANKFURT/NEW YORK (Reuters) – Deutsche Telekom is facing growing pressure from investors and lawmakers to ensure proper treatment of workers at its American business T-Mobile US.
U.S. jobs market holding firmer despite slowing growth
WASHINGTON (Reuters) – The number of Americans filing for jobless benefits fell last week and layoffs in December were the smallest in 15-1/2 years, pointing to labor market strength even as economic growth appears to have slowed sharply in the fourth …
Fed may need to hike rates more than four times this year: Lacker
RALEIGH, N.C. (Reuters) – The Federal Reserve may need to raise interest rates more than four times this year if oil prices stabilize, the dollar stops appreciating and inflation surges toward the U.S. central bank’s 2 percent target, a Fed policymaker…
