Musk’s SpaceX plans spinoff, IPO for Starlink: Bloomberg
Elon Musk’s SpaceX plans to spin off its internet venture, Starlink and pursue an initial public offering for the unit, Bloomberg reported on Thursday, citing the rocket company’s chief operating officer, Gwynne Shotwell.
Exclusive: Coronavirus outbreak delays Carlyle’s Atotech IPO – sources
(This January 31 story was refiled to correct spelling of coronavirus in headline)
EU regulators to investigate EssilorLuxottica’s 7.2-billion-euro Dutch deal
EU antitrust regulators opened on Thursday an in-depth investigation into Ray-Ban maker EssilorLuxottica’s 7.2 billion euro bid for Dutch opticians group GrandVision , saying the deal could push up prices.
British Airways owner IAG sees coronavirus having only marginal impact on global travel
(This Feb. 5 corrects story to remove erroneous reference to non-British Airways IAG airlines not flying to China in paragraph five)
BlackRock takes middle ground on shareholder resolution reforms
BlackRock Inc cited the value and costs of shareholder proposals in a letter to regulators weighing reforms to the proxy process, taking a middle ground in a hotly contested rulemaking process.
Software update to address 737 MAX indicator light issue will not delay return schedule – Boeing
Boeing Co said Thursday that a new software update to address an indicator light issue on the grounded 737 MAX will not impact its mid-2020 estimate for the plane’s return to service.
Wall Street up for fourth day as China moves to limit coronavirus impact
U.S. stocks rose for a fourth straight session on Thursday on China’s efforts to contain the economic fallout from the coronavirus outbreak, while investors assessed a mixed batch of corporate earnings.
Stocks rally, safe-haven currencies drop, on China plan to cut tariffs
World equity markets rallied for a fourth day on Thursday, with key stock indexes touching fresh peaks, as news that China plans to cut tariffs in half on some U.S. goods buoyed risk sentiment and pushed safe-haven currencies lower.
Oil prices flat; OPEC+ mulls supply cut as virus hits demand
Oil futures gave up early gains and settled narrowly mixed on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate the impact of any weakening in global demand due to the coronavirus outbreak.
WTO sides against U.S. over its tariffs on Canadian paper
World Trade Organization arbiters sided against the United States on Thursday over duties it had applied on Canadian paper in one of the final verdicts of the WTO’s appeals body.
