Airbus faces tricky hurdles over stalled A380 Emirates deal
DUBAI (Reuters) - A preliminary deal to sell 36 A380s to Emirates blew
up in an Airbus hospitality chalet moments before the Gulf carrier was
expected to shower $30 billion on the planemaker and its U.S. rival
Boeing at the start of last week’s Dubai Airshow.
Battered GE shares lure some buyers but worst may not be over
NEW YORK (Reuters) - General Electric Co shares stabilized after a
brutal slide last week sent the stock near six-year lows, but the worst
may not be over.
Mexico, Canada shun NAFTA autos counteroffers: sources
MEXICO CITY (Reuters) - Divisions over updating the NAFTA trade deal
showed no sign of easing on Sunday as Mexico and Canada signaled they
would not offer counterproposals to U.S. demands for far stronger
automotive content rules, people with knowledge of the talks said.
Emirates believes Airbus can guarantee development of A380 program
DUBAI (Reuters) - Emirates [EMIRA.UL] believes Airbus (AIR.PA)
can meet demands from the airline’s owner, the Dubai government, for
the European planemaker to guarantee development of the superjumbo A380
SoftBank says considering investment in Uber but no final agreement reached
TOKYO (Reuters) - Japan’s SoftBank Group Corp (9984.T)
said on Tuesday it was considering investing in Uber Technologies Inc
[UBER.UL] but there was no final agreement at this stage.
Silicon Valley blasts Senate proposal to tax startup options
SAN FRANCISCO (Reuters) - A proposal by the U.S. Senate to change the
way shares in startup companies are taxed incited panic and dread in
Silicon Valley on Monday, with startup founders and investors warning of
nothing less than the demise of their industry should the proposal
China's 24-hour online shopping binge nears $16 billion
SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba (BABA.N)
saw its Singles’ Day sales hit $16 billion by mid-morning on Saturday
after racing to a billion dollars in just two minutes after the world’s
biggest shopping spree opened at midnight.
U.S. toymaker Hasbro makes new approach to buy Mattel: source
(Reuters) - Hasbro Inc (HAS.O) has made an approach to acquire rival Mattel Inc (MAT.O),
a source familiar with the matter said on Friday, the latest attempt to
combine the two biggest U.S. toymakers in more than two decades.
Doubts about Trump tax cuts weigh on Wall Street
(Reuters) - Wall Street ended marginally lower on Friday, with losses in
Intel and Apple as investors worried about the future of promised
corporate tax cuts following dueling plans unveiled by Republican
Snapchat launches redesign as growth disappoints Wall Street
(Reuters) - Snap Inc (SNAP.N)
is redesigning its disappearing-message app Snapchat in an attempt to
reach a broader audience, going back to the drawing board as Wall Street
clobbered it for another quarter of slowing user growth.