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City and union officials to consult on Philadelphia refinery sale process: U.S. court

A U.S. bankruptcy judge on Thursday approved a process for the sale of the Philadelphia Energy Solutions oil refinery, the largest and oldest on East Coast, under which city officials and a trade union will consult on the matter.



5 years ago

Stocks, yields fall as China slowdown deepens

World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the impact of the U.S.-China trade war on global growth.



5 years ago

Fed's Kaplan says strong consumer will help the U.S. economy avoid recession in 2020

Dallas Federal Reserve Bank President Robert Kaplan said he does not expect the U.S. economy to enter a recession next year, and he was optimistic that the strong consumer can help the U.S. economy overcome potential headwinds.



5 years ago

European pilot group demands action over Ryanair sick leave policy

The European Cockpit Association (ECA) pilot group has urged regulators to take action over what it described as a "safety hazard" caused by Ryanair's approach to flight crews' sick leave, according to a letter seen by Reuters.



5 years ago

Boeing brings back humans after automation problems on 777 assembly

Boeing Co has scaled back use of automation to make fuselage sections for its 777 jetliners amid reports of reliability issues and returned to having mechanics do some of the work, the planemaker said on Thursday.



5 years ago

Stocks, yields slip as investor sentiment wavers

World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the U.S.-China trade war's impact on global growth.



5 years ago

Google antitrust probe to expand into Android: CNBC

The 50 attorneys general investigating advertising practices at Alphabet Inc's Google are planning to expand their antitrust probe into the unit's flagship Android business, CNBC reported on Thursday, citing people familiar with the matter.



5 years ago

Asian stocks hit by trade confusion and HK unrest

Asian stocks and Wall Street futures fell on Wednesday, as confusing signals over the extent of progress made in U.S.-China trade talks and concern about intensifying unrest in Hong Kong hurt demand for risky assets.



5 years ago

Indonesia waiting on major global aviation regulators for return of 737 MAX: official

Indonesia will not approve the return of the Boeing Co 737 MAX to its skies until after aviation regulators in the United States, Europe, Brazil, Canada and China do so, an official at Indonesia's aviation regulator said on Wednesday.



5 years ago

Alibaba poised to launch record-breaking $13.4 billion HK share sale: sources

Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions.



5 years ago

European shares knocked off four-year highs on Trump speech

European shares fell on Wednesday from four-year highs after U.S. President Donald Trump threatened to "substantially" increase tariffs if China failed to agree a trade deal and also took a swipe at European Union trade policies.



5 years ago

Airbus frontrunner to win big Air Arabia order: sources

Airbus is likely to win an order for at least 100 jets from Air Arabia , with an announcement possibly as soon as the Dubai Airshow next week, two sources told Reuters.



5 years ago

Takeaway CEO says he does not plan to improve bid for Just Eat

Takeaway.com NV CEO Jitse Groen said on Wednesday he does not plan to improve his company's 4.3 billion pound ($5.50 billion) all-share bid to buy British rival Just Eat PLC, despite a higher cash offer from rival Prosus NV .



5 years ago

German military refuses to take delivery of two Airbus A400M planes

Germany's air force said on Wednesday it had decided not to accept delivery of two Airbus A400M planes, citing recurring technical problems with the military transporters.



5 years ago

Unilever appoints Andersen as new chairman, replacing Marijn Dekkers

Unilever on Wednesday named non-executive director Nils Andersen as its new chairman, appointing an executive with deep experience across consumer goods and logistics industries to help the Dove soap maker navigate a dip in emerging market sales growth and fix its foods business.



5 years ago