[ad_1] (Reuters) – Boeing Co’s (BA.N) top two U.S. customers warned on Thursday of an increasing financial toll from the prolonged grounding of the 737 MAX jet, which prompted a “frustrated” Southwest Airlines Co (LUV.N)
Retailer Carrefour says strategic overhaul on track as H1 profits rise
[ad_1] PARIS (Reuters) – French supermarket retailer Carrefour reported higher first-half profits and said it was on track with a strategic overhaul aimed at boosting earnings and tackling competition from the likes of Amazon. FILE
Tesla shares, bonds under pressure as Musk changes tune on profit
[ad_1] (Reuters) – Shares of Tesla Inc (TSLA.O) sank 14% on Thursday and its bonds traded lower, a day after the electric carmaker said it needed more time to turn a profit, reported lower margins
U.S. private equity group Advent buys UK’s Cobham for $5 billion
[ad_1] LONDON (Reuters) – U.S. private equity firm Advent International has agreed to pay 4 billion pounds ($5 billion) to buy Cobham, the British defence and aerospace group known for its pioneering air-to-air refuelling technology.
Saudi’s Falih says to expand pipeline to reduce oil exports via Gulf
[ad_1] NEW DELHI (Reuters) – Saudi Arabia aims to raise the capacity of its east-west pipeline by 40% in two years so more of its oil exports can avoid passing through the Strait of Hormuz,
India to get above-average monsoon rains in next two weeks
[ad_1] MUMBAI (Reuters) – India is likely to get above-average rainfall in the next two weeks after receiving below average rains in the past two weeks, a weather department official said on Thursday, helping summer-sown
Corrected: Clariant suffers another setback as JV talks with SABIC collapse
[ad_1] (Corrects timing of CEO departure to this week, not last week) FILE PHOTO: The logo of Swiss specialty chemicals company Clariant is seen at the company’s headquarters in Pratteln, Switzerland August 9, 2017. REUTERS/Arnd
Tata Motors first-quarter loss nearly doubles, JLR challenges continue
[ad_1] BENGALURU (Reuters) – Jaguar Land Rover owner Tata Motors Ltd on Thursday reported a bigger-than-expected quarterly loss that nearly doubled, as a slump in demand for cars continued at home, while plant shutdowns and
PM’s office wants finance ministry to restudy issuing overseas sovereign bond – sources
[ad_1] NEW DELHI (Reuters) – The Indian Prime Minister’s Office wants the finance ministry to reassess the idea of issuing foreign currency overseas sovereign bonds, two sources knowledgeable about the development said on Thursday. The
Fund managers make fast exits in China’s new STAR Market, retail investors pile in
[ad_1] SHANGHAI (Reuters) – As China’s new Nasdaq-style tech board approaches the end of its first week of volatile trade, fund managers are offloading their holdings to hungry retail investors and locking in bumper profits.