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
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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
FILE PHOTO: The Mercedes-Benz logo is seen before the company’s annual news conference in Stuttgart, Germany, February 4, 2016. REUTERS/Michaela Rehle WASHINGTON (Reuters) – BMW AG (BMWG.DE) and Daimler AG (DAIGn.DE) said Wednesday they plan to exit the North American car-sharing market and will halt operations in Montreal, New York, Seattle, Washington D.C. and Vancouver.
PARIS/MILAN (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) and Peugeot maker PSA (PEUP.PA) said on Wednesday they had agreed on a binding merger in a $50 billion deal that will pave the way to the creation of the world’s fourth-largest car maker. FILE PHOTO: The logos of car manufacturers Fiat and Peugeot are seen in front
WASHINGTON (Reuters) – Boeing Co’s (BA.N) decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact the U.S. economy and employment, but the pain may be brief and concentrated in areas where suppliers are located, analysts and executives say. FILE PHOTO: A Boeing 737 Max aircraft is seen
SYDNEY (Reuters) – Santa came early to Asia’s stock markets on Tuesday as trade deal optimism, positive economic signals in China and Wall Street’s rally sent shares to an 18-month high, while familiar Brexit worries knocked sterling. FILE PHOTO: A passerby walks past an electronic boards Japan’s Nikkei average, the Dow Jones Industrial Average and
FILE PHOTO: A man stands in front of a screen showing broadcasts of Bloomberg Channel at Hong Kong’s financial Central district May 15,2013. REUTERS/Tyrone Siu PARIS (Reuters) – France’s markets watchdog AMF said on Monday it had fined U.S. news agency Bloomberg News 5 million euros ($5.5 million) for publishing a hoax press release relating
BEIJING/SINGAPORE (Reuters) – China and the United States have agreed terms of a “phase one” trade deal under which Washington reduced some tariffs and Beijing canceled retaliatory duties that were previously scheduled to take effect on Dec. 15. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing,
WASHINGTON (Reuters) – The “phase one” U.S.-China trade deal will nearly double U.S. exports to China over the next two years and is “totally done” despite the need for translation and revisions to its text, U.S. Trade Representative Robert Lighthizer said on Sunday. FILE PHOTO: China’s Vice Premier Liu He gestures to the media between
MEXICO CITY (Reuters) – Mexico’s deputy foreign minister, Jesus Seade, said on Saturday he sent a letter to the top U.S. trade official expressing surprise and concern over a labor enforcement provision proposed by a U.S. congressional committee in the new North American trade deal. FILE PHOTO: Mexico’s Deputy Foreign Minister for North America, Jesus
DOHA (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday a “phase one” trade deal between the United States and China was “very good” for global economic growth, and added that the second phase could come in several steps. FILE PHOTO: U.S. Treasury Secretary Steve Mnuchin speaks about sanctions against Turkey at a news
FILE PHOTO: Logo of global biopharmaceutical company Bristol-Myers Squibb is pictured on the blouse of an employee in Le Passage, near Agen, France March 29, 2018. REUTERS/Regis Duvignau (Reuters) – Bristol-Myers Squibb Co (BMY.N) on Friday said it won a $752 million jury verdict against Gilead Sciences Inc (GILD.O) in a U.S. patent dispute relating