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…
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…
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…
Timeline: Saudi Aramco’s winding road to an IPO
(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 more…
Wall Street bides its time, awaiting news from trade front
NEW YORK (Reuters) – Wall Street was largely unchanged on Thursday as market participants stayed on the sidelines, awaiting further developments in the hoped-for interim trade deal between the United…
No apology to Elon Musk from British diver at ‘pedo guy’ defamation trial
LOS ANGELES (Reuters) – The British cave explorer suing Elon Musk for calling him a “pedo guy” on Twitter testified on Thursday that his criticism of the Tesla Inc (TSLA.O)…