Economy & Finance

Air New Zealand picks Boeing for wide-body jet order: sources

Air New Zealand picks Boeing for wide-body jet order: sources

Published 20/05/2019

PARIS (Reuters) - Boeing Co has won a hard-fought contest to sell wide-body aircraft to Air New Zealand Ltd, beating a challenge from Europe’s Airbus, [more…]

Trade uncertainty darkens U.S. small caps outlook

Trade uncertainty darkens U.S. small caps outlook

Published 20/05/2019

NEW YORK (Reuters) - Shares of smaller publicly listed U.S. companies have fallen more on recent U.S.-China trade tensions than larger corporations and could face [more…]

Exclusive: Google suspends some business with Huawei after Trump…

Exclusive: Google suspends some business with Huawei after Trump…

Published 20/05/2019

NEW YORK (Reuters) - Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly [more…]

Huawei founder says growth ‘may slow, but only slightly’ after U.S….

Huawei founder says growth ‘may slow, but only slightly’ after U.S….

Published 18/05/2019

(Reuters) - Huawei Technologies’ founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant “may slow, but only slightly” [more…]

Exclusive: U.S. may scale back Huawei trade restrictions to help…

Exclusive: U.S. may scale back Huawei trade restrictions to help…

Published 18/05/2019

(Corrects title in 17th paragraph of this May 17 story to say “Chief Financial Officer” Meng Wanzhou, not “Chief Executive Officer”.) By Karen Freifeld (Reuters) [more…]

Your money: Cosigning a student loan? Be prepared to pay

Your money: Cosigning a student loan? Be prepared to pay

Published 17/05/2019

(This May 16 story corrects 10th paragraph to clarify that 96% of cosigns are for undergraduate loans.) By Beth Pinsker NEW YORK (Reuters) - Is [more…]

Investors shun equities, pile into bonds in past week: BAML

Investors shun equities, pile into bonds in past week: BAML

Published 17/05/2019

LONDON (Reuters) - Investors are neither extremely bullish nor bearish, according to Bank of America Merrill Lynch’s gauge of market sentiment, as they weigh the [more…]

AbbVie halts enrollment after brain cancer trial misses goal,…

AbbVie halts enrollment after brain cancer trial misses goal,…

Published 17/05/2019

(Reuters) - AbbVie Inc said on Friday it has halted enrollment of patients in all ongoing studies testing its brain cancer treatment after the drug [more…]

U.S.-based equity funds post $12.27 billion outflows amid…

U.S.-based equity funds post $12.27 billion outflows amid…

Published 16/05/2019

(Reuters) - Investors rattled by lingering trade tensions between the United States and China pulled $12.27 billion from U.S.-based equity funds in the week ended [more…]

Soros Fund Management increases stake in Tesla convertible bonds:…

Soros Fund Management increases stake in Tesla convertible bonds:…

Published 15/05/2019

(Reuters) - Billionaire George Soros’ investment firm, Soros Fund Management Llc, raised its stake in Tesla Inc’s (TSLA.O) convertible bonds due in 2021 by 17.5 [more…]