Bombardier to sell its aerostructures unit to Spirit AeroSystems
Canada’s Bombardier said on Thursday it had agreed to sell its aerostructures business to Spirit AeroSystems for more than $700 million in cash and debt....
Carlyle’s third-quarter earnings drop by a quarter as asset sales slow
U.S. buyout firm Carlyle Group LP reported a 25% year-on-year drop in its third-quarter earnings on Thursday, driven by lower proceeds from asset sales in...
Investors fear looming safety risks of mining waste dams
A global inquiry into how mining companies store billions of tonnes of waste in huge dams, launched after a collapse in Brazil killed hundreds, shows...
Dunkin’ Brands profit beats on lower expenses, raises annual forecast
Dunkin’ Brands Group Inc reporting a better-than-expected quarterly profit on lower costs on Thursday and raised its forecast for 2019, betting on investments to improve...
Wealth gap among retired Americans worsens despite a growing economy
(The opinions expressed here are those of the author, a columnist for Reuters.)...
Corteva posts smaller loss as North America volumes rise
Pesticides and seeds producer Corteva Inc posted a smaller quarterly loss on Thursday as historic floods in the U.S. Midwest delayed the spring planting season,...
Ukraine president says Nord Stream 2 decision strengthens Russia and weakens Europe
Denmark’s decision to approve the Nord Stream 2 pipeline strengthens Russia and weakens Europe, Ukrainian President Volodymyr Zelenskiy said on Thursday....
Scrapped Chile APEC summit throws up new hurdle for U.S.-China trade deal
Leaders from the United States and China encountered a new obstacle in their struggle to end a damaging trade war on Wednesday, when the summit...
Fiat Chrysler and Peugeot plan to create world’s No.4 carmaker
Fiat Chrysler and Peugeot owner PSA plan to join forces through a 50-50 share swap to create the world’s fourth-largest automaker, they said on Thursday,...
Oil prices rise, shrug off inventory gain, look for China stimulus
Oil prices rose on Thursday as investors banked on more economic stimulus by China after weak PMI data, partly recovering from losses in the previous...