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IPO Watch 2020

Here are some companies who have expressed plans to IPO in 2020, as well as a few that are speculated to be gearing up for a public offering. Continue reading

5 years ago

China's bid to challenge Boeing and Airbus falters

Development of China’s C919 single-aisle plane, already at least five years behind schedule, is going slower than expected, a dozen people familiar with the program told Reuters, as the state-owned Commercial Aircraft Corporation (COMAC) struggles with a range of technical issues that have severely restricted test flights.



5 years ago

Trump says China trade deal may be signed shortly after January 15

U.S. President Donald Trump, who announced last month that the Phase 1 trade deal with China would be signed on Jan. 15, said on Thursday the agreement could be signed "shortly thereafter."



5 years ago

'Designed by clowns': Boeing releases internal messages that disparage 737 MAX, regulators

Boeing Co on Thursday released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was "designed by clowns who in turn are supervised by monkeys".



5 years ago

Chairman Mao's favored Red Flag carmaker eyes 1 million customers by 2030

China's FAW Group [SASACJ.UL] aims to double its annual sales of Chairman Mao Zedong's carmaker of choice, Hongqi, or Red Flag, to 200,000 units this year and grow them further to 1 million cars in the next decade, its chairman Xu Liuping said.



5 years ago

Divergent paths: Oil, natural gas going different directions

The diverging fundamentals of U.S. oil and natural gas can be seen dramatically in the markets, where the oil-to-gas price ratio has surged to its highest in six years.



5 years ago

China's Vice Premier Liu to sign U.S. trade deal in Washington next week

China's Vice Premier Liu He, head of the country's negotiation team in Sino-U.S. trade talks, will sign a "Phase 1" deal in Washington next week, the commerce ministry said on Thursday.



5 years ago

'Gold rush': Race is on for health data in East Europe's frontier market

Eastern Europe is a new frontier for private medical care, and insurers and tech startups are racing to steal a march on their rivals by harnessing the region's health data.



5 years ago

Asian shares rebound as U.S. and Iran stand down, yen retreats

Asian stocks had their best session in weeks on Thursday, as the United States and Iran backed away from the brink of conflict in the Middle East and investors reversed their flight to safety.



5 years ago

Tanker owners face insurance headache as Mideast war risk haunts shipping trade

Even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a price for the war of words that culminated in rocket strikes in Iraq over the last week - higher insurance bills.



5 years ago

ABN Amro names PwC's former Dutch chairman as new CEO

ABN Amro said on Thursday that Robert Swaak, a former chairman of accounting firm PwC in the Netherlands, is to succeed Kees van Dijkhuizen as the Dutch bank's chief executive.



5 years ago

British Airways-owner IAG says Willie Walsh to stand down

Willie Walsh, the chief executive of British Airways-owner IAG , will step down from the airlines group he helped to build later this year and hand the reins to a key lieutenant, Luis Gallego.



5 years ago

Oil steadies a day after Iranian missile strike knocks prices

Oil prices steadied on Thursday a day after tumbling on concerns raised by an Iranian missile strike on Iraqi bases hosting U.S. forces.



5 years ago

Back from the brink, back to the bull run

World markets looked to have overcome their new year wobbles on Thursday, as the United States and Iran backed away from conflict in the Middle East.



5 years ago

Mercedes-Benz posts 2019 sales record on demand for SUVs, limousines

Daimler said it sold 2.34 million Mercedes-Benz passenger cars in 2019, the ninth consecutive year of record sales, putting the German carmaker in pole position for retaining the title of biggest-selling premium car brand.



5 years ago