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By in Business on February 6, 2017
BUSINESS • Today
Pound's gains erased amid Brexit deal jitters
October 17, 2019
Sterling jumps at first on news of a deal, but falls back after the DUP reiterates its opposition.
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Saudi Aramco delays planned IPO: FT
October 17, 2019
Saudi Aramco has delayed the planned launch of its initial public offering (IPO), the Financial Times reported on Thursday, citing three people familiar with the matter.
Southwest delays return of its Boeing 737 MAX jets to February
October 17, 2019
Southwest Airlines Co said on Thursday it was postponing the return of Boeing Co's 737 MAX jets to its flight schedule until Feb. 8, the latest delay for the plane involved in two fatal crashes with other carriers over five months.
NTSB to determine probable cause of fatal Uber self-driving crash
October 17, 2019
The U.S. National Transportation Safety Board (NTSB) will hold a Nov. 19 hearing to determine the probable cause of a March 2018 Uber Technologies Inc self-driving vehicle crash that killed a pedestrian in Arizona.
Renault warns sales to fall in 2019 as automakers struggle
October 17, 2019
France's Renault on Thursday cut its revenue guidance for 2019 further and lowered its profitability forecast, citing difficulties in markets such as Turkey and Argentina as carmakers grapple with a broad-based slump in auto sales.
U.S. boutique banks woo French bankers in Paris advisory push: sources
October 17, 2019
Several U.S. boutique investment banks are looking to hire senior staff in Paris in the wake of Britain's departure from the EU and have poached bankers from France's most established advisory firms, including Lazard, sources told Reuters.
In trading revamp, Goldman's message to staff: be like dealmakers
October 17, 2019
Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall a whopping 84%, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they have figured out the key to a turnaround: asking traders to be more like investment bankers.
U.S. homebuilding retreats, manufacturing still struggling
October 17, 2019
U.S. homebuilding tumbled from more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing.
Netflix and Amazon face censorship threat in India: source
October 17, 2019
India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told Reuters.