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Turkish Airlines prepping case against Boeing over 737 MAX: news agency

Turkish Airlines is preparing to open a court case against Boeing Co due to uncertainty regarding the plane manufacturer's 737 MAX jetliner, Demiroren news agency said on Thursday evening.



5 years ago

Shell sees $2.3 billion charges, trims output estimate

Royal Dutch Shell said on Friday it expects impairment charges of up to $2.3 billion in the fourth quarter and trimmed its forecast for quarterly oil production sales.



5 years ago

China says Canada's attempt to link U.S. trade matter with other issues doomed to fail

China's foreign ministry said on Friday Canada's attempt to link Sino-U.S. trade matters with other issues is doomed to fail.



5 years ago

Oil steady near three-month highs on trade deal progress; set for third weekly rise

Oil prices were steady close to three-month highs on Friday, heading for a third consecutive weekly rise, on the back of easing Sino-U.S. trade tensions that have weighed on demand as well as the global economic growth outlook.



5 years ago

Factbox: Nestle CEO Mark Schneider's top deals since his appointment in 2017

Mark Schneider, Nestle's first outside chief executive officer in almost a century, has made big strides in positioning the world's largest food company for the future with aggressive deal making since taking over in January 2017.



5 years ago

Dismal decade for emerging markets casts pall over repeated 'buy' notes

One of the hardiest investment fixtures has been the annual 'buy' note on emerging markets equities, but their dismal performance over the past decade begs the question why.



5 years ago

China can fulfil $40 billion U.S. farm purchase pledge: consultancy

China will make good on a pledge to purchase more than $40 billion per year of U.S. agricultural products under the recently agreed Phase 1 trade deal between the two countries, China's top agriculture consultancy said on Friday.



5 years ago

UK names Andrew Bailey as new Bank of England governor

Britain's new government named Andrew Bailey as the next Bank of England boss on Friday, entrusting one of the City of London's most experienced regulators with steering the world's fifth-biggest economy and its vast finance industry through Brexit.



5 years ago

World stocks hit record high, as sterling endures torrid week

World stocks touched record highs on Friday, as trading wound down before the year-end holidays, while the British pound was heading towards its worst week for more than two years amid renewed worries over how Britain will leave the European Union.



5 years ago

Exclusive: Huawei and Deutsche Telekom held advanced talks over 5G network deal - sources

Deutsche Telekom was in advanced talks to retain China's Huawei as its main supplier of radio equipment for new mobile networks before it put the negotiations on hold for political reasons, according to three sources familiar with the matter.



5 years ago

Mahjong, cartoons coming to Tesla car screens in China next year

Tesla Inc said on Friday it will offer its Chinese customers more video and gaming content next year, marking the first time the automaker will offer internet-connected games in its vehicles.



5 years ago

Shell sees up to $2.3 billion in fourth-quarter charges, trims oil production sales estimate

Royal Dutch Shell said on Friday it expects impairment charges of up to $2.3 billion in the fourth quarter and trimmed its forecast for quarterly oil production sales, as the Anglo-Dutch oil company faces slowing demand for oil and gas.



5 years ago

Shell sees up to $2.3 billion in fourth quarter charges, trims oil product sales estimate

Royal Dutch Shell said on Friday it expects impairment charges of up to $2.3 billion in the fourth quarter and trimmed its forecast for quarterly oil product sales, as the Anglo-Dutch oil company faces slowing demand for oil and gas.



5 years ago

China says case of detained Canadians turned over to prosecutors

China's foreign ministry said on Friday that an investigation into two Canadians detained on state security charges since December last year had ended, and the case had been turned over to prosecutors.



5 years ago

Oil declines but set for third weekly rise

Oil prices fell slightly on Friday but were still set for a third straight weekly gain after easing U.S.-China trade tensions lifted business confidence and the outlook for global economic growth.



5 years ago