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Indonesia"s Lion Air starts work on $1 billion IPO: Bloomberg

Indonesian carrier Lion Air has started working on $1 billion domestic initial public offering (IPO), Bloomberg reported on Thursday citing sources, as it seeks to move past the crash in October last year that killed 189 people on board......»»

Category: topSource: REUTERS1 hr. 58 min. ago Related News

China"s Geely says 2018 net profit climbs 18 pct on higher revenue

China's Geely Automobile Holdings Ltd said on Thursday higher sales drove its 2018 net profit up 18 percent, even as growing political uncertainty affected overall domestic demand......»»

Category: topSource: REUTERS1 hr. 58 min. ago Related News

Short & distort? The ugly war between CEOs and activist critics

On the morning of July 11, Paul Pittman was on a corn farm in Western Illinois, unaware his company had taken a devastating hit......»»

Category: topSource: REUTERS1 hr. 58 min. ago Related News

Asian shares up on accommodative Fed; growth concerns linger

Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over U.S.-China trade talks and slowing global growth capped broad gains and pulled some markets lower......»»

Category: topSource: REUTERS3 hr. 13 min. ago Related News

Southwest pilots say extra training required after 737 MAX software update

Extra computer-based training will be required after a planned update to the software on the Boeing Co 737 MAX aircraft, Southwest Airlines Co's pilot union said on Wednesday, adding that it was seeking additional information for pilots......»»

Category: topSource: REUTERS3 hr. 13 min. ago Related News

U.S. probed FAA"s Boeing 737 Max software approval last year: Bloomberg

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Category: topSource: REUTERS3 hr. 13 min. ago Related News

Levi’s is back to mine the stock market

Levi Strauss & Co is coming back to the stock market on Thursday after more than three decades with a valuation of $6.6 billion......»»

Category: videoSource: REUTERS4 hr. 28 min. ago Related News

Google"s new gaming service will let game makers use rival clouds, executive says

A Google executive offered new details on Wednesday about the company's upcoming video game streaming service, telling Reuters that game makers may use competing cloud providers and must avoid some inappropriate content......»»

Category: topSource: REUTERS4 hr. 58 min. ago Related News

Inside the Fed"s balance sheet in four charts

The Federal Reserve will remain the top holder of U.S. Treasuries for the foreseeable future after the central bank said it would stop shrinking its $4 trillion balance sheet by the end of September......»»

Category: topSource: REUTERS5 hr. 58 min. ago Related News

Dovish Fed shift lifts Asian shares, dollar nurses losses

Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over slowing global growth and U.S.-China trade talks are expected to limit gains......»»

Category: topSource: REUTERS5 hr. 58 min. ago Related News

South Korean watchdog cuts fine on Qualcomm after decade-old legal battle

South Korea's antitrust regulator has lowered a decade-old penalty imposed on U.S. chipmaker Qualcomm Inc by 18 percent to $200 million, the Korea Fair Trade Commission (KFTC) said on Thursday......»»

Category: topSource: REUTERS5 hr. 58 min. ago Related News

U.S. fund Elliott battles the odds in latest showdown with Hyundai

The showdown between U.S. activist hedge fund Elliott Management and Hyundai Motor Group is set to come to a head on Friday when shareholders gather to vote on the fund's demands for a hefty special dividend and a board shake-up......»»

Category: topSource: REUTERS8 hr. 13 min. ago Related News

U.S. Senate panel to first grill FAA, then Boeing after fatal crashes

A U.S. Senate panel plans a hearing on March 27 on aviation safety after two fatal Boeing 737 MAX 8 aircraft crashes since October, and said it will also schedule a future hearing with Boeing and other manufacturers, officials said on Wednesday......»»

Category: topSource: REUTERS8 hr. 43 min. ago Related News

Trump says tariffs on Chinese goods may stay for "substantial period"

U.S. President Donald Trump warned on Wednesday that the United States may leave tariffs on Chinese goods for a "substantial period" to ensure that Beijing complies with any trade agreement......»»

Category: topSource: REUTERS8 hr. 43 min. ago Related News

Levi Strauss valued at $6.6 billion as IPO prices above target

Levi Strauss & Co said it sold $623.3 million in shares in its initial public offering (IPO) on Wednesday, as the U.S. jeans maker looks to return to the stock market after 34 years as a family-owned company......»»

Category: topSource: REUTERS8 hr. 43 min. ago Related News

Levi Strauss IPO priced at $17 per share

Levi Strauss & Co's initial public offering of 36.7 million shares was priced at $17 per share, above the expected range of $14 to $16......»»

Category: topSource: REUTERS8 hr. 58 min. ago Related News

Boeing, FAA officials called to testify in U.S. Senate on 737 MAX plane crashes

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Category: topSource: REUTERS9 hr. 13 min. ago Related News

Financials weigh down Wall Street

The S&P 500 and the Dow ended lower Wednesday as interest rate-sensitive financial stocks dragged down the indexes after the Federal Reserve affirmed a dovish monetary policy stance. Fred Katayama reports......»»

Category: videoSource: REUTERS9 hr. 28 min. ago Related News

Fed puts rate hikes on hold indefinitely

The Federal Reserve held its key interest rate steady and erased plans to hike rates this year as it downgraded its outlook for the global economy......»»

Category: videoSource: REUTERS9 hr. 28 min. ago Related News

U.S. Senate panel hearing set for March 27 with FAA after fatal crashes

A U.S. Senate panel plans a hearing on March 27 on aviation safety after two fatal Boeing 737 MAX 8 aircraft crashes since October, and said it will also schedule a future hearing with Boeing and other manufacturers, officials said on Wednesday......»»

Category: topSource: REUTERS9 hr. 43 min. ago Related News