[ad_1] WASHINGTON (Reuters) – Two Democrats on the U.S. Senate Commerce Committee on Thursday introduced legislation to mandate numerous aviation safety recommendations in the wake of two fatal Boeing 737 MAX crashes that killed 346
HSBC, StanChart results to show Hong Kong protests are starting to gnaw
[ad_1] HONG KONG/LONDON (Reuters) – HSBC Holdings Plc (HSBA.L) and Standard Chartered Plc (STAN.L) are set to show early signs of strain from anti-government protests in Hong Kong, the single-biggest profit centre for the two
Walmart, CVS and Rite Aid pull 22-ounce J&J baby powder off shelves
[ad_1] (Reuters) – Three major U.S. retailers, including Walmart, are removing all 22-ounce bottles of Johnson & Johnson’s baby powder from their stores, following the healthcare conglomerate’s recall last week of some bottles due to
Amazon’s gloomy holiday forecast misses estimates, shares fall 7%
[ad_1] (Reuters) – Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally. Boxes
Visa profit beats estimates on higher customer spending
[ad_1] FILE PHOTO: VISA credit cards are seen in this picture illustration taken June 9, 2016. REUTERS/Maxim Zmeyev/Illustration (Reuters) – Visa Inc’s (V.N) quarterly profit beat analysts’ estimates on Thursday, helped by growth in overall
Sterling pares losses after PM calls for election; S&P 500 up
[ad_1] NEW YORK (Reuters) – The pound pared losses against the dollar on Thursday in the wake of British Prime Minister Boris Johnson’s call for a Dec. 12 election to break the country’s deadlock over
Ex-Deutsche Bank traders avoid prison time for Libor scheme
[ad_1] NEW YORK (Reuters) – Two former Deutsche Bank AG (DBKGn.DE) traders will not serve any prison time for conspiring to manipulate the Libor benchmark interest rate between 2005 and 2011, a federal judge ruled
Saudi Arabia faces reality check as Wall Street heads to Riyadh
[ad_1] DUBAI (Reuters) – Wall Street’s heavy hitters are back in Saudi Arabia but the terms of engagement have changed. The CEOs of Citigroup (C.N) and Credit Suisse (CSGN.S), as well as the heads of
Shares edge higher, buoyed by upbeat results; sterling weakens
[ad_1] NEW YORK (Reuters) – Stock markets edged higher on Thursday amid upbeat earnings reports from a slew of companies worldwide, while the British pound slipped. Sterling lost ground as the possibility of a snap
Oil edges higher, but weak demand outlook weighs
[ad_1] NEW YORK (Reuters) – Oil prices climbed on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and