Aramco shares closing price on Thursday put value slightly below $2 trillion
Saudi Aramco’s shares closed at 36.8 Saudi riyals on Thursday, putting the company’s market value slightly below $2 trillion....
Futures eke out gains after Fed holds rates steady
U.S. stock index futures edged higher on Thursday, a day after the Federal Reserve held interest rates steady and struck an optimistic tone on the...
Nokia says Daimler, others agreed to mediation to resolve licensing dispute
Nokia on Thursday said that German carmaker Daimler and several car parts suppliers have agreed to independent mediation to resolve their licensing dispute....
Southwest Airlines reaches compensation agreement with Boeing
Southwest Airlines Co said on Thursday it had reached a compensation agreement with Boeing Co for a portion of the projected financial damages related to...
China has ‘important concerns’ about Boeing 737 MAX design changes: regulator
China has raised “important concerns” with Boeing Co regarding design changes proposed to end the grounding of the Boeing 737 MAX airliner, Beijing’s aviation regulator...
Fiat Chrysler boss Manley to head European auto lobby group ACEA
The European carmakers’ association (ACEA) has appointed Fiat Chrysler Chief Executive Mike Manley as its new president from January 2020, it said on Thursday....
Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation: sources
Citigroup and Credit Suisse have dropped out of the U.S. initial public offering (IPO) of Chinese shared workspace provider Ucommune, baulking at its desired valuation,...
Oil prices rise on OPEC deficit forecast
Oil prices rose on Thursday, recouping some of the previous session’s losses after OPEC forecast a supply deficit next year and the U.S. Federal Reserve...
Saudi Aramco tops Crown Prince’s $2 trillion goal on share surge
Saudi Aramco hit the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares clocked up a second...
Exclusive: Haier Smart Home plans Hong Kong listing to take $7.7 billion unit private – sources
Haier, the world’s biggest maker of household appliances, is planning a major restructuring that will see its main unit Haier Smart Home list in Hong...