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Wednesday, May 22, 2019
(Reuters) - Canada’s Bombardier Inc will face pressure from skeptical investors at an annual meeting on Thursday about whether the plane-and-train-maker’s turnaround plan is still on track as its transportation division grapples with delayed rail contracts. FILE PHOTO:...
FILE PHOTO: People pass a pole with security cameras, U.S. and China's flags near the Forbidden City ahead of the visit by U.S. President Donald Trump to Beijing, China November 8, 2017. REUTERS/Damir Sagolj/File PhotoBEIJING (Reuters) - China’s...
(Reuters) - Uber Technologies Inc, the world’s largest ride-hailing company, plans an initial public offering that values the company as much as one-third below what the startup’s insiders had hoped for, between $80.5 billion and $91.5 billion. ...
FILE PHOTO: A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington December 8, 2015. REUTERS/Matt Mills McKnight/File Photo(Reuters) - A trade group...
(Reuters) - Macy’s Inc said on Wednesday the latest tariffs on Chinese imports by Washington are hitting its furniture business and warned investors that additional levies would leave its clothing and accessory categories vulnerable as well. The largest...
The Canada Pension Plan Investment Board has signed a deal to invest roughly $200 million in specialty food company Premium Brands Holdings Corp.Premium Brands intends to use the cash to repay debt, finance organic and acquisition growth opportunities...
They weren't exactly running out of lobsters, but they weren't getting enough money for the ones they were pulling out of the sea.That was the problem Canadian lobster fishermen were facing back in the spring of 1990, when...
DETROIT (Reuters) - General Motors Co has spent five years re-writing its playbook for making money in Latin America and the interior of China. Now, it’s show time for the first results of a project code-named GEM, for...
HONG KONG (Reuters) - Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed in China by tech giants Alibaba and Tencent. FILE PHOTO:...
SAN JOSE, Calif. (Reuters) - Facebook Inc debuted an overhaul of its core social network on Tuesday, taking its first concrete steps to refashion itself into a private messaging and e-commerce company as it tries to move past...

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