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Airbus shares take off after bumper Beijing order

3 hours ago DieselGasoil Comments Off on Airbus shares take off after bumper Beijing order
PARIS (Reuters) – Airbus shares rose on Tuesday after the European planemaker won a deal worth tens of billions of dollars to sell 300 aircraft to China. Air China’s new aircraft Airbus A350 receives a water cannon salute after its maiden flight from Beijing to Shanghai, at Hongqiao international Airport in Shanghai, China August 14, Read More

China signs multibillion-dollar deal with Airbus in another big blow to Boeing

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China will buy a total of 300 passenger jets from European aircraft maker Airbus as its US rival Boeing struggles in the aftermath of two deadly crashes involving its 737 MAX. The deal was signed during a visit by Chinese President Xi Jinping to France. Beijing’s order includes 290 aircraft from the A320 Family and Read More

Aston Martin falls 5% in its London IPO

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You could own James Bond’s car Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion. But its first day of trading in London got off to a rocky start. The favorite carmaker of fictional British secret service agent James Bond priced its Read More

Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East

8 hours ago DieselGasoil Comments Off on Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East
SAN FRANCISCO (Reuters) – Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering. The Uber Hub is seen in Redondo Beach, California, U.S., March 25, 2019. REUTERS/Lucy Nicholson     Uber said late Monday night Read More

Samsung Elec flags earnings miss as chip prices slide

11 hours ago DieselGasoil Comments Off on Samsung Elec flags earnings miss as chip prices slide
SEOUL (Reuters) – Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance. FILE PHOTO – Attendees at Samsung Electronics Co LtdÕs Unpacked event test out the company’s new devices Read More

Samsung Electronics flags earnings miss as chip prices slide

12 hours ago DieselGasoil Comments Off on Samsung Electronics flags earnings miss as chip prices slide
SEOUL (Reuters) – Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance. FILE PHOTO – Attendees at Samsung Electronics Co LtdÕs Unpacked event test out the company’s new devices Read More

Trump foe Avenatti charged with trying to extort $20 million from Nike

14 hours ago DieselGasoil Comments Off on Trump foe Avenatti charged with trying to extort $20 million from Nike
NEW YORK (Reuters) – Attorney Michael Avenatti, who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged on Monday with what prosecutors said was an attempt to “shake down” Nike Inc for over $20 million. Avenatti, who was also hit with separate embezzlement and fraud charges in Read More

Trump foe Michael Avenatti sought to extort $20 million from Nike: prosecutors

15 hours ago DieselGasoil Comments Off on Trump foe Michael Avenatti sought to extort $20 million from Nike: prosecutors
NEW YORK (Reuters) – Attorney Michael Avenatti, who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged on Monday with what prosecutors said was an attempt to “shake down” Nike Inc for over $20 million. Avenatti, who was also hit with separate federal charges alleging embezzlement and Read More

Indonesian air carrier to ditch Boeing’s jets after crash, in favor of rival Airbus

16 hours ago DieselGasoil Comments Off on Indonesian air carrier to ditch Boeing’s jets after crash, in favor of rival Airbus
Lion Air, Indonesia’s largest privately run airline, has announced plans to replace its Boeing 747-400 aircraft with the Airbus 330-900NEO as part of its strategy in response to the dynamic aviation market. The air carrier is currently operating only one Boeing double-deck airplane, which has been part of its fleet since 2009. The aircraft has Read More

Trump critic Michael Avenatti arrested in $20 million Nike 'shakedown': prosecutors

17 hours ago DieselGasoil Comments Off on Trump critic Michael Avenatti arrested in $20 million Nike 'shakedown': prosecutors
NEW YORK (Reuters) – Michael Avenatti, the lawyer who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged Monday with extortion in what prosecutors called an attempt to “shake down” Nike Inc for over $20 million. Avenatti, who was also hit with separate federal charges alleging embezzlement Read More