FACTBOX: Saudi Aramco: the oil colossus
DUBAI (Reuters) – State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, making it the world’s biggest flotation by raising…
Trump upbeat on U.S.-China talks as Beijing underscores tariff-cut demands
WASHINGTON/BEIJING (Reuters) – U.S.-China trade talks are “moving right along,” President Donald Trump said on Thursday, striking an upbeat tone even as Chinese officials held fast to their line that…
Factbox: Alphabet’s ‘Other bets’ in focus as Google’s Pichai takes helm
(Reuters) – Google Chief Executive Officer Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, heralding a new chapter for the company that helped reshape the global…
Google co-founders step aside as Pichai takes helm of parent Alphabet
SAN FRANCISCO (Reuters) – Google co-founders Larry Page and Sergey Brin are stepping aside as leaders of the Internet behemoth they founded 21 years ago, ending an extraordinary run that…
BlackRock global active equities chief to leave firm over relationship with colleague
(Reuters) – Mark Wiseman, global head of active equities at BlackRock Inc (BLK.N), is leaving the firm following a violation of the company’s “relationships at work policy,” the world’s largest…
GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio
WARREN, Mich. (Reuters) – General Motors Co (GM.N) and South Korea’s LG Chem (051910.KS) said on Thursday they will invest $2.3 billion to build an electric vehicle battery cell joint…
Airbus faces delivery challenge, poised to win jet order race
PARIS (Reuters) – Airbus (AIR.PA) must hand a record number of aircraft to customers in December to meet delivery goals, company data showed on Thursday, and is all but certain…
Global stocks falter on trade uncertainty; sterling gains
NEW YORK (Reuters) – The dollar slid and global equity markets traded little changed on Thursday as enthusiasm over Apple shares was offset by doubts about the likelihood of a…
Huawei mounts legal challenge against FCC over rural carrier customers
SHENZHEN, China (Reuters) – China’s Huawei mounted a legal challenge against the U.S. Federal Communications Commission (FCC) on Thursday after the body designated the technology giant as a security threat…
United Auto Workers union names reformer Gamble president until 2022
(Reuters) – The United Auto Workers international executive board on Thursday named acting president Rory Gamble to head the union until June 2022 as he pledged a series of reforms…