Business News

Boeing's 737 crisis deepens as production stops for first time in two decades

Reuters Biz News - Mon, 12/16/2019 - 22:28
Boeing Co said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, its biggest assembly-line halt in more than 20 years, as fallout from two fatal crashes of the now-grounded aircraft drags into 2020.
Categories: Business News

Factbox: Boeing's changing schedule for 737 MAX fix, return to service

Reuters Biz News - Mon, 12/16/2019 - 22:28
Boeing Co on said Monday it would suspend production of its best-selling 737 MAX jetliner in January, the firm's biggest assembly-line halt in more than 20 years, as repercussions of two fatal crashes of the now-grounded aircraft drag into 2020.
Categories: Business News

GLOBAL MARKETS-Asian stocks ride Wall St momentum to 17-month peak, pound slips

Reuters Company News - Mon, 12/16/2019 - 22:18
Asian shares rose to their highest in more than a year on Tuesday, as trade deal optimism and Wall Street's run to all-time highs supported sentiment, while familiar fears of a hard Brexit knocked the pound.
Categories: Business News

METALS-London copper eases amid differing views on U.S.-China trade deal

Reuters Company News - Mon, 12/16/2019 - 22:14
London copper prices dipped on Tuesday as investors waited for more clarity on the interim Sino-U.S. trade deal announced last week amid differing views from both sides.
Categories: Business News

Morning News Call - India, December 17

Reuters Company News - Mon, 12/16/2019 - 22:06
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_12172019.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH 9:45 am: Finance Minister Nirmala Sitharaman holds pre-budget consultations with groups of industry, services and trade in New Delhi. 10:00 am: Prime Minister's Economic Advi
Categories: Business News

UPDATE 9-Boeing's 737 crisis deepens as production stops for first time in two decades

Reuters Company News - Mon, 12/16/2019 - 22:04
Boeing Co said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, its biggest assembly-line halt in more than 20 years, as fallout from two fatal crashes of the now-grounded aircraft drags into 2020.
Categories: Business News

Asian stocks ride Wall Street momentum to eight-month peak, pound slips

Reuters Biz News - Mon, 12/16/2019 - 21:38
Asian shares rose to their highest in eight months on Tuesday, as trade deal optimism and Wall Street's streak to all-time highs supported sentiment, while familiar fears of a hard Brexit knocked the pound.
Categories: Business News

GLOBAL MARKETS-Asian stocks ride Wall St momentum to 8-month peak, pound slips

Reuters Company News - Mon, 12/16/2019 - 21:36
Asian shares rose to their highest in eight months on Tuesday, as trade deal optimism and Wall Street's streak to all-time highs supported sentiment, while familiar fears of a hard Brexit knocked the pound.
Categories: Business News

Sacklers withdrew over $10 billion in a decade from Purdue Pharma: NYT

Reuters Biz News - Mon, 12/16/2019 - 21:22
The Sackler family - owners of Purdue Pharma - transferred more than $10 billion in a decade from the OxyContin maker to its trusts and holding companies, the New York Times reported on Monday, citing a new audit commissioned by the drugmaker.
Categories: Business News

Japan stocks track Wall Street higher, hit over 1-year peak on trade cheer

Reuters Company News - Mon, 12/16/2019 - 21:22
Japanese stocks hit their highest level in more than a year on Tuesday, tracking a record closing high on Wall Street on renewed optimism over the U.S.-China trade deal.
Categories: Business News

S.Korea stocks hit more than 7-month high as chipmakers soar

Reuters Company News - Mon, 12/16/2019 - 21:16
Round-up of South Korean financial markets: ** South Korean shares jumped on Tuesday as foreigners increased their exposure to local chip stocks in anticipation of an uptick in memory chip demand against the backdrop of easing trade tensions. ** The Korean won strengthened, while the benchmark bond yield fell. ** In
Categories: Business News

Goldman Sachs says it will support 'green' initiatives more forcefully

Reuters Biz News - Mon, 12/16/2019 - 21:02
Goldman Sachs Group Inc outlined plans on Monday to put money and advice toward projects that fight climate change or help financially disadvantaged people, with executives arguing it is not only the right thing to do but can generate income.
Categories: Business News

UPDATE 2-Goldman Sachs says it will support 'green' initiatives more forcefully

Reuters Company News - Mon, 12/16/2019 - 21:00
Goldman Sachs Group Inc outlined plans on Monday to put money and advice toward projects that fight climate change or help financially disadvantaged people, with executives arguing it is not only the right thing to do but can generate income.
Categories: Business News

Oil hovers near three-month high on trade optimism, supply cuts

Reuters Biz News - Mon, 12/16/2019 - 20:55
Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline and set to stoke oil demand in the world's biggest economies.
Categories: Business News

Pages