Saudi Aramco delays planned IPO: FT
Saudi Aramco has delayed the planned launch of its initial public offering (IPO), the Financial Times reported on Thursday, citing three people familiar with the...
Renault warns sales to fall in 2019 as automakers struggle
France’s Renault on Thursday cut its revenue guidance for 2019 further and lowered its profitability forecast, citing difficulties in markets such as Turkey and Argentina...
In trading revamp, Goldman’s message to staff: be like dealmakers
Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall a whopping 84%, as post-financial crisis regulations upended...
U.S. boutique banks woo French bankers in Paris advisory push: sources
Several U.S. boutique investment banks are looking to hire senior staff in Paris in the wake of Britain’s departure from the EU and have poached...
Wall Street edges higher on robust earnings, Brexit deal
Wall Street gained ground on Thursday as positive geopolitical developments and a string of corporate earnings beats put investors in a buying mood....
Big U.S. liquefied natgas players move fast; smaller ones try to keep up
A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race...
Wall Street higher on strong earnings, Brexit deal
U.S. stocks rose on Thursday on the back of strong earnings from Netflix and Morgan Stanley, with Britain’s preliminary last-minute deal with the European Union...
Johnson & Johnson agrees to pay about $117 million to settle U.S. states’ mesh probe
Johnson & Johnson has agreed to pay nearly $117 million to resolve allegations that it deceptively marketed transvaginal surgical mesh devices, U.S. state attorneys general...
Renault warns 2019 sales drop will be steeper than expected
France’s Renault on Thursday cut its sales guidance for 2019 further and lowered its profitability forecast, as automakers globally struggle with slumping demand in major...
UAW deal with GM to end strike includes pay raises, but three plants would close
The United Auto Workers union wrung higher pay and better coverage for temporary workers from General Motors Co as part of its tentative deal to...