Britain orders security investigation into Cobham-Advent deal
- The $5 billion acquisition of British defence company Cobham by U.S. private equity firm Advent International could be blocked on national security grounds after the government ordered an investigation into the agreed deal.
Wed, 18 Sep 2019 03:45:27 -0400
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Airbus revises up jet demand forecast, shaves traffic growth
- Airbus on Wednesday revised up forecasts for jetliner demand over the next 20 years, led by growth in the new industrial hubs of Asia despite short-term concerns over global trade tensions.
Wed, 18 Sep 2019 03:37:49 -0400
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Saudi oil attacks came from southwest Iran, U.S. official says, raising tensions
- The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters, an assessment that further increases tension in the Middle East.
Wed, 18 Sep 2019 03:23:14 -0400
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Nissan plans sale of Trading unit in $1 billion deal: Bloomberg
- Nissan Motor Co Ltd is looking to sell its vehicle parts and materials distribution business in a deal that may be valued at about $1 billion, Bloomberg reported on Wednesday, as the struggling Japanese automaker seeks to slim down.
Wed, 18 Sep 2019 03:22:01 -0400
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Saudi envoy says Iran was behind attacks on oil facilities
- Saudi Arabia's ambassador to London said on Wednesday that Iran was almost certainly behind attacks on Saudi oil facilities.
Wed, 18 Sep 2019 03:21:57 -0400
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U.S. lawmakers urge Trump administration to restore India's trade privileges
- Forty-four members of the U.S. Congress have urged President Donald Trump's trade representative to restore trade concessions to India, saying the withdrawal of the privilege had led to retaliatory tariffs from New Delhi which were hurting U.S. industry.
Wed, 18 Sep 2019 02:59:45 -0400
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Window closing fast for WeWork parent to launch IPO this year
- WeWork owner The We Company faces strong headwinds in achieving its goal of launching an initial public offering (IPO) by the end of the year after postponing it this month, fund managers and capital markets professionals said.
Wed, 18 Sep 2019 02:40:50 -0400
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Japan defense minister: Not aware of any Iran involvement in Saudi attacks
- Japan has not seen any intelligence that shows Iran was involved in the recent attacks on Saudi Arabian oil facilities, Japan's new defense chief said on Wednesday.
Wed, 18 Sep 2019 02:25:24 -0400
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Oil retreats on Saudi supply reassurance, Fed in limelight
- Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month's end while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.
Wed, 18 Sep 2019 02:13:47 -0400
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France sending experts to investigate Saudi oil attack: Elysee
- France will send experts to Saudi Arabia to help with investigations into an attack on Saudi oil installations, President Emmanuel Macron's office said on Wednesday.
Wed, 18 Sep 2019 01:51:44 -0400
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