NEW YORK (Reuters) – Delta Air Lines this year carried the most passengers in a summer ever, despite a computer outage in August, Chief Executive Officer Ed Bastian said on Friday.
(Reuters) – Gulf Carrier Qatar Airways has ordered $18 billion worth of Boeing Co jetliners, according to a person familiar with the matter.
NEW YORK (Reuters) – A federal appeals court on Friday reinstated a $120 million jury award for Apple Inc against Samsung , in another stunning twist in the fierce patent war between the world’s top smartphone manufacturers.
DOHA/FRANKFURT (Reuters) – Deutsche Bank has secured backing from its largest investor and is seeking advice from other banks as it scrambles to restore market confidence undermined by a demand by U.S. authorities for up to $14 billion over mis-selling…
NEW YORK (Reuters) – Even with a good salary as a data scientist at a San Francisco technology firm, Yang Guo, 30, knew he couldn’t afford a home in the Bay Area, among the priciest U.S. markets.
(Reuters) – U.S. jobs growth last month was “solid” despite having slowed from previous months, Cleveland Fed President Loretta Mester said on Friday, adding she continues to believe it appropriate for the Federal Reserve to raise interest rates.
(Reuters) – Thomson Reuters Corp said it plans to create a new technology center in Toronto by hiring 400 people over the next two years, and that its chief executive and chief financial officer will move to the Canadian city in 2017.
DOHA/FRANKFURT (Reuters) – Qatari investors who own the largest stake in Deutsche Bank do not plan to sell their shares and could consider buying more if the embattled German bank decides to raise capital, sources familiar with Qatari investment policy…
NEW YORK (Reuters) – U.S. stocks slipped on Friday as a drop in the British pound injected unwanted volatility to financial markets, while a weaker-than-expected jobs report was not enough to derail expectations for a rate hike from the Federal Reserve…
FRANKFURT (Reuters) – Volkswagen is not considering the sale of any of its brands or a capital increase to cope with the costs of the emissions scandal, its supervisory board Chairman Hans Dieter Poetsch told German daily Boersen-Zeitung.
WASHINGTON (Reuters) – U.S. employment growth eased for the third straight month in September and the jobless rate rose, but the slowdown was not expected to prevent the Federal Reserve from raising interest rates later this year.
LONDON (Reuters) – Brent crude futures fell on Friday after briefly nearing their 2016 high, as financial market confidence in the rally came up against a physical excess of crude.
LONDON (Reuters) – Sterling recouped some losses after plunging almost 10 percent on Friday, as growing fears of a “hard” exit by Britain from the European Union sent a shiver through world stocks markets before U.S. jobs data.
NEW YORK (Reuters) – Sterling plunged on Friday after what traders called a “flash crash” knocked the currency to a 31-year low, while the dollar slipped on news of unexpectedly weak U.S. jobs growth in September.
(Reuters) – Photo-sharing app Snapchat’s parent is working on an initial public offering that could value the company at $25 billion or more, the Wall Street Journal reported, citing several people familiar with the matter.
MEXICO CITY (Reuters) – Shareholders of Mexican telecoms giant America Movil (AMXL.MX) have approved a proposal to delist shares from the Nasdaq and Latibex stock exchanges, the company said in a regulatory filing on Thursday.
SEOUL (Reuters) – South Korea’s Samsung Electronics Co expects third-quarter profit grew 5.6 percent, beating estimates, as a pickup in chip and display earnings likely offset the impact of a global smartphone recall that has roiled the tech giant.
(Reuters) – Deutsche Bank AG is in informal talks with securities firms to explore options including raising capital should mounting legal bills require it, Bloomberg reported on Thursday.
(Reuters) – Verizon Communications is pressing for a $1 billion discount off its pending $4.8 billion agreement to buy Yahoo , the New York Post reported, citing sources.
(Reuters) – Investments in Charles Schwab Corp’s “robo adviser” service grew to surpass $10 billion in September, more than double the year-ago level, a spokeswoman said Thursday.
WASHINGTON/FRANKFURT (Reuters) – IMF chief Christine Lagarde gave Deutsche Bank some tough advice on Thursday, saying Germany’s biggest lender needed to reform its business model and rapidly reach a deal with U.S. regulators over a potentially huge fi…
WASHINGTON (Reuters) – World finance leaders on Thursday decried a growing populist backlash against globalization and pledged to take steps to ensure trade and economic integration benefited more people currently left behind.
SAN FRANCISCO (Reuters) – Shares of Apple Inc rose 1 percent on Thursday after German supplier Dialog Semiconductor Plc said its quarterly revenue were higher than expected, adding to recent enthusiasm about demand for the newest iPhone.
(Reuters) – More than half of the 23 U.S. primary dealers expect certain types of short-term borrowing costs to rise after new rules on money market funds go into effect next week, according to a Federal Reserve survey released on Thursday.
NEW YORK (Reuters) – The Federal Reserve bought $10.901 billion of agency mortgage-backed securities in the week
BERLIN (Reuters) – The chief executives of several German blue-chip companies have discussed Deutsche Bank’s problems and are ready to offer a capital injection if needed to shore up Germany’s largest lender, newspaper Handelsblatt reported on Thursda…
LOS ANGELES (Reuters) – Yum Brands Inc said on Thursday its KFC and Pizza Hut businesses in China suffered no lasting brand damage after political tensions over the South China Sea caused an unexpected third-quarter sales drop in that country.
(Reuters) – Wal-Mart Stores Inc rebuffed a proposal by U.S. prosecutors to pay at least $600 million to settle a corruption probe into the company’s practices in markets including Mexico, India and China, Bloomberg reported, citing people familiar wit…