(Reuters) – The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled robust online holiday sales. FILE PHOTO: Traders work on the floor at the
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FILE PHOTO: A China Southern Airlines Airbus commercial passenger aircraft is pictured in Colomiers near Toulouse, France, November 26, 2018. REUTERS/Regis Duvignau BEIJING (Reuters) – China Southern Air Holding, the parent of China Southern Airlines (600029.SS), has set up a cargo company with registered capital of 1 billion yuan ($143 million), as it looks to
Chief Executive of Sberbank German Gref attends a meeting with Russian Prime Minister Dmitry Medvedev at the Gorki state residence outside Moscow, Russia October 31, 2019. Sputnik/Dmitry Astakhov/Pool via REUTERS ATTENTION EDITORS – THIS IMAGE WAS PROVIDED BY A THIRD PARTY. MOSCOW (Reuters) – Russia’s Sberbank (SBER.MM) plans to continue its partnership with Yandex (YNDX.O)
U.S. President Donald Trump speaks to the media after participating in a video teleconference with members of the U.S. military at Trump’s Mar-a-Lago resort in Palm Beach, Florida, U.S., December 24, 2019. REUTERS/Leah Millis PALM BEACH, Fla. (Reuters) – U.S. President Donald Trump said on Tuesday he and Chinese President Xi Jinping will have a
(Reuters) – Travis Kalanick, the pugnacious co-founder of Uber, has severed his last ties with the ride-services company, resigning from the board and selling all his shares as he turns his focus to a new venture creating “ghost kitchens” for food delivery services. FILE PHOTO: Former Uber Technologies Inc. CEO and co-founder Travis Kalanick stands
(Reuters) – Beleaguered Boeing Co is putting its future in the hands of an industrial veteran who has led several companies in crisis, began his career at engine maker General Electric Co and has already spent a decade on the board of the world’s largest planemaker. FILE PHOTO: Nielsen CEO David Calhoun (C) is congratulated
NEW YORK (Reuters) – As online shopping upends the retail business, many Wall Street analysts say traditional measures such as counting the number of people who visit stores on major shopping days are no longer a reliable gauge of a company’s performance. FILE PHOTO: Holiday shoppers look for deals at the Pentagon City Mall in
The logos of Swiss bank Credit Suisse and UBS are seen at their buildings at the Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Credit Suisse (CSGN.S) and law firm Homburger will continue their investigation into employee observation at the bank, a spokesman said, after the bank on Monday confirmed
WASHINGTON (Reuters) – Boeing Co’s (BA.N) Starliner astronaut spacecraft made a “bull’s-eye” landing in the New Mexico desert on Sunday, a successful ending to a crewless test mission that two days earlier failed to reach the orbit needed to dock with the International Space Station. The Boeing CST-100 Starliner spacecraft, which had been launched on
LONDON (Reuters) – For all the angst about trade wars, geopolitics and a sputtering and overly indebted global economy, 2019 might just be the best year investors have ever had. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 24, 2019. REUTERS/Brendan McDermid/File Photo The
LONDON (Reuters) – Britain has approved the purchase of British defense company Cobham (COB.L) by U.S. investor Advent International for $5 billion after the private equity group made commitments to address national security concerns. FILE PHOTO: Britain’s Business Secretary Andrea Leadsom is seen outside Downing Street in London, Britain November 5, 2019. REUTERS/Yara Nardi Business
CAPE CANAVERAL, Fla. (Reuters) – Boeing Co’s (BA.N) new astronaut capsule failed after liftoff on Friday to climb high enough in orbit to reach the International Space Station, cutting short a critical unmanned test mission in the embattled aerospace giant’s race to send humans to the orbital outpost. The CST-100 Starliner astronaut capsule was successfully
FILE PHOTO: Google CEO Sundar Pichai speaks during signing ceremony committing Google to help expand information technology education at El Centro College in Dallas, Texas, U.S. October 3, 2019. REUTERS/Brandon Wade/File Photo (Reuters) – Alphabet Inc’s (GOOGL.O) newly-instated Chief Executive Officer Sundar Pichai would receive a hefty $240 million in performance-based stock awards over the
FILE PHOTO: The logo of Royal Dutch Shell is seen at a petrol station in Sint-Pieters-Leeuw, Belgium January 30, 2019. REUTERS/Yves Herman (Reuters) – Royal Dutch Shell (RDSa.L) said on Friday it expects impairment charges of up to $2.3 billion in the fourth quarter and trimmed its forecast for quarterly oil production sales. The company
CAPE CANAVERAL, Fla. (Reuters) – Boeing Co (BA.N) is set to launch its new astronaut capsule on Friday on its first unmanned journey to the International Space Station, a milestone test for the U.S. aerospace firm that is vying with SpaceX to revive NASA’s human spaceflight capabilities. A Boeing technician works on the Starliner crew
FILE PHOTO: Chinese staff members adjust U.S. and Chinese flags before the opening session of trade negotiations between U.S. and Chinese trade representatives at the Diaoyutai State Guesthouse in Beijing, China February 14, 2019. Mark Schiefelbein/Pool via REUTERS BEIJING (Reuters) – China and the United States are in close communication over the signing of their