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Exclusive: Airbus A380 under threat as Emirates weighs rejigged order – sources

January 31, 2019 by  
Filed under News

Dubai’s Emirates is exploring switching some orders for the world’s largest jetliner, the Airbus A380, to the smaller A350 in a move raising new doubts about the future of Europe’s superjumbo, people familiar with the matter said.


Source: Reuters Business News

General Electric's modest gains, candor spark 'relief rally'

January 31, 2019 by  
Filed under News

General Electric Co beat estimates for sales and cash flow in the fourth quarter and said on Thursday it had reached a tentative deal to settle a subprime mortgage case with U.S. regulators, sending its shares sharply higher.


Source: Reuters Business News

Germany to give fighter jet order to Airbus or Boeing: sources

January 31, 2019 by  
Filed under News

Germany has narrowed its options for replacing Tornado fighter jets and will decide between European manufacturer Airbus and U.S. rival Boeing, German defense ministry sources said on Thursday.


Source: Reuters Business News

Jeff Bezos' Blue Origin signs launch deal with Canada's Telesat

January 31, 2019 by  
Filed under News

Jeff Bezos’ rocket company, Blue Origin, has signed a deal with Canada’s Telesat to launch part of a satellite constellation aimed at providing speedy internet access to governments and businesses globally, the companies said on Thursday.


Source: Reuters Business News

Trump says wants big trade deal with China or will 'postpone' it

January 31, 2019 by  
Filed under News

U.S. President Donald Trump said on Thursday he would either strike a very big trade deal with China or “postpone” it, but it was not clear precisely what he was referring to.


Source: Reuters Business News

Exclusive: EU considers proposals to exclude Chinese firms from 5G networks

January 30, 2019 by  
Filed under News

The European Union is considering proposals that would effectively amount to a de-facto ban on Huawei Technologies Co. equipment for next-generation mobile networks, four senior EU officials said, adding to mounting international pressure on the world’s largest maker of telecom gear.


Source: Reuters Business News

McDonald's warns of headaches in 2019 as overseas business booms

January 30, 2019 by  
Filed under News

McDonald’s Corp warned higher labor costs, expenses for remodeling stores and a stronger dollar would weigh on its earnings in 2019, after a strong performance outside the United States powered better-than-expected fourth quarter results.


Source: Reuters Business News

Wall Street climbs on Apple, Boeing results; Fed decision eyed

January 30, 2019 by  
Filed under News

U.S. stocks jumped on Wednesday, as Apple led a rally in technology shares and Boeing boosted sentiment with an upbeat forecast ahead of the Federal Reserve’s monetary policy decision.


Source: Reuters Business News

Oil gains on tighter U.S. supply, Venezuela sanctions

January 30, 2019 by  
Filed under News

Oil prices rose about $1 a barrel on Wednesday, boosted by U.S. government data that showed signs of tightening supply, as investors remained concerned about supply disruptions following U.S. sanctions on Venezuela’s oil industry.


Source: Reuters Business News

U.S., China launch high-level trade talks amid deep differences

January 30, 2019 by  
Filed under News

The United States and China opened a pivotal round of high-level talks on Wednesday aimed at digging out from their months-long trade war amid deep differences over Chinese practices on intellectual property and technology transfer.


Source: Reuters Business News

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