Business News

Oil eases, but Iran sanctions keep prices near late 2014 highs

Reuters Biz News - 4 hours 34 min ago
Oil prices eased on Wednesday but were still set for a fifth consecutive monthly quarter of gains, driven by an impending drop in Iranian exports in the last three months of the year when global demand heats up.
Categories: Business News

Caspian Pipeline Consortium sees 2019 crude shipments over 65 mln T

Reuters Company News - 4 hours 35 min ago
Caspian Pipeline Consortium (CPC) plans to increase crude shipments to more than 65 million tonnes next year from this year's expected 60-61 million tonnes, CPC chief executive Nikolai Gorban said on Wednesday.
Categories: Business News

Apartment Rents Edge Higher

WSJ Company News feed - 4 hours 52 min ago
Third-quarter prices rose 2.9%, but tenants can still find deals in major metro areas.
Categories: Business News

Top Uber Deal Maker Disciplined After Probe Into Office Conduct

WSJ Company News feed - 5 hours 45 sec ago
Uber executive Cameron Poetzscher, who played a key role in negotiating SoftBank’s investment in the ride-hailing firm, was disciplined after a probe found he had a pattern of making sexually suggestive comments about other co-workers.
Categories: Business News

Some Good News From Rite Aid? It Is Possible

WSJ Company News feed - 5 hours 11 min ago
Drugstore chain should consider a sale of its PBM business to help reduce debt.
Categories: Business News

Against trade war, Fed backdrop China sets positive world equity tone

Reuters Biz News - 5 hours 34 min ago
A Chinese equity bounce set a modestly positive tone for world stocks on Wednesday as bets that Beijing would expand stimulus to support its economy helped offset some of the worries about global trade tensions and $80-a-barrel oil.
Categories: Business News

Anbang in talks to sell Japan real estate to Blackstone, other bidders: sources

Reuters Biz News - 5 hours 48 min ago
Anbang Insurance Group Co Ltd [ANBANG.UL] aims to sell $200 million worth of Japanese real estate to bidders including Blackstone Group LP , about two years after buying them from the U.S. investment firm, two people with knowledge of the matter said.
Categories: Business News

Exclusive: With six months to go before Brexit, 630 finance jobs have left - Reuters survey

Reuters Biz News - 6 hours 7 min ago
As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before Brexit, a far lower total than banks said could move after Britain's surprise vote to leave the European Union, according to a new Reuters survey.
Categories: Business News

Brexit and the City: A barometer for London's financial outlook

Reuters Biz News - 6 hours 7 min ago
London's skyline is changing fast, pierced by gleaming new skyscrapers which defy predictions of a Brexit-related slowdown in the capital's two financial districts.
Categories: Business News

Brexit at breaking point? Diary dates for Britain's EU departure

Reuters Biz News - 6 hours 9 min ago
With just six months to go until the United Kingdom is due to leave the European Union, negotiations are at what Prime Minister Theresa May has called an impasse.
Categories: Business News

UPDATE 2-Chinese hotpot chain Haidilao fizzles after strong start in Hong Kong debut

Reuters Company News - 6 hours 12 min ago
* Haidilao rose as much as 10.3 pct in early trading, ends flat
Categories: Business News

UPDATE 1-Carmakers trigger Brexit contingency plans as no deal uncertainty grows

Reuters Company News - 6 hours 16 min ago
* Carmakers push to approve vehicles in EU as well as Britain
Categories: Business News

Factbox: Reuters surveys UK financial services jobs post-Brexit

Reuters Biz News - 6 hours 17 min ago
As few as 630 UK-based finance jobs have been shifted or created overseas so far ahead of Brexit, while the number of jobs that UK-based financial institutions said they expected to move in the event of a "hard" Brexit is 5,766, a Reuters survey shows.
Categories: Business News

Nissan blames latest improper tests on 'low awareness' of rules

Reuters Biz News - 6 hours 17 min ago
Nissan Motor Co said on Wednesday an "extremely low awareness" of the seriousness of inspection standards and rules had led to improper measuring of exhaust emissions and fuel economy in vehicle models made in Japan.
Categories: Business News

Saudi Arabia, Qatar, UAE, Bahrain and Kuwait eligible for JP Morgan key bond index

Reuters Company News - 6 hours 20 min ago
Saudi Arabia, Qatar, the United Arab Emirates, Bahrain and Kuwait will become eligible for the JP Morgan emerging market government bond indexes starting from Jan. 31, 2019, acording to a JP Morgan statement sent to investors and reviewed by Reuters.
Categories: Business News

Daimler names Kaellenius as CEO from 2019, Zetsche to become chairman

Reuters Biz News - 6 hours 20 min ago
Daimler AG on Wednesday named Swede Ola Kaellenius as chief executive from 2019 and proposed that current CEO Dieter Zetsche would become chairman of the supervisory board in 2021.
Categories: Business News

Deutsche Bank looked at merger scenario with UBS: Handelsblatt

Reuters Biz News - 6 hours 27 min ago
Deutsche Bank has considered a theoretical merger with UBS to study the effects of any tie-up, the German business daily Handelsblatt reported on Wednesday, citing people familiar with the matter.
Categories: Business News

Deutsche Bank comfortable with consensus forecasts: CFO

Reuters Biz News - 6 hours 27 min ago
Deutsche Bank is comfortable with consensus forecasts for the third quarter, the lender's finance chief said on Wednesday, as he played down speculation of a possible merger.
Categories: Business News

Foreign airlines to face new rivals on popular China routes as restrictions ease

Reuters Biz News - 6 hours 41 min ago
Foreign airlines that fly on 20 popular long-haul routes to China will face fresh competitive pressure as Beijing begins to ease decade-old restrictions on Oct. 1, allowing more Chinese carriers to offer service.
Categories: Business News

Carmakers trigger Brexit contingency plans as no deal uncertainty grows

Reuters Company News - 6 hours 52 min ago
Carmakers in Britain have triggered some Brexit contingency plans such as certifying models in Europe and are working on redrawing production schedules and stockpiling more parts to defend against any loss of unfettered trade after Brexit.
Categories: Business News

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