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Updated: 39 min 35 sec ago

Saudi Aramco delays planned IPO until after earnings update: sources

54 min 8 sec ago
Saudi Aramco has delayed the planned launch of its initial public offering in hopes that pending third-quarter results will bolster investor confidence in the world's largest oil firm, two sources familiar with the matter said on Thursday.

U.S. stocks gain on upbeat earnings, geopolitical news

1 hour 47 min ago
Wall Street advanced on Thursday as investor sentiment was buoyed by a string of corporate earnings beats and encouraging geopolitical developments.

At Chick-fil-A, new table service means no waiting in line to order

1 hour 54 min ago
Fast-food chicken chain Chick-fil-A is turning the tables on in-house dining, unveiling a new sit-down table service through its app that means customers will not have to wait at the counter to order.

Boeing 777X delays may affect Emirates fleet plans: Clark

1 hour 57 min ago
Delivery delays to Boeing's 777X jetliner are holding back Emirates' growth and could partially affect the Gulf carrier's broader requirements for wide-body aircraft, airline President Tim Clark said on Thursday.

UAW reaches contract deal with 850 Aramark workers at GM plants: sources

1 hour 59 min ago
The United Auto Workers union on Thursday reached a tentative agreement for a new contract covering 850 Aramark employees who work at General Motors plants in Ohio and Michigan in maintenance, two sources briefed on the matter said.

Exclusive: Wall Street banks see green light from Fed on reserves - sources

2 hours 24 min ago
Wall Street banks believe they are getting a green light from supervisors to hold more Treasury debt and less cash after last month's volatility in overnight lending markets, three industry sources told Reuters.

Oil rises, supported by U.S. fuel stock draws but weighed by crude build

2 hours 47 min ago
Oil prices rose about 1% on Thursday after draws in U.S. fuel inventories, but gains were capped by a larger-than-expected rise in crude stockpiles and a series of weak economic figures.

Timeline: UAW wrings higher pay from GM in deal to end strike, agrees to plant closings

2 hours 48 min ago
The United Auto Workers union wrung higher pay and other benefits from General Motors Co as part of a tentative deal to end a month-long U.S. strike by about 48,000 workers, the union disclosed on Thursday.

Toyota conducts final phase of recall to replace Takata airbag inflators

2 hours 50 min ago
Toyota Motor Corp's North America unit said on Thursday it was conducting the final phase of a safety recall to replace potentially faulty Takata airbag inflators in about 928,000 vehicles.

Saudi Aramco delays planned IPO to allow for earnings update: sources

2 hours 59 min ago
Saudi Aramco has delayed the planned launch of its initial public offering (IPO), as the giant oil company wants to update investors with its latest earnings before proceeding, two sources familiar with the matter said on Thursday.

Saudi Aramco delays planned IPO: FT

3 hours 56 min ago
Saudi Aramco has delayed the planned launch of its initial public offering (IPO), the Financial Times reported on Thursday, citing three people familiar with the matter.

Renault warns sales to fall in 2019 as automakers struggle

4 hours 8 min ago
France's Renault on Thursday cut its revenue guidance for 2019 further and lowered its profitability forecast, citing difficulties in markets such as Turkey and Argentina as carmakers grapple with a broad-based slump in auto sales.

U.S. boutique banks woo French bankers in Paris advisory push: sources

4 hours 9 min ago
Several U.S. boutique investment banks are looking to hire senior staff in Paris in the wake of Britain's departure from the EU and have poached bankers from France's most established advisory firms, including Lazard, sources told Reuters.

In trading revamp, Goldman's message to staff: be like dealmakers

4 hours 9 min ago
Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall a whopping 84%, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they have figured out the key to a turnaround: asking traders to be more like investment bankers.

Wall Street edges higher on robust earnings, Brexit deal

4 hours 24 min ago
Wall Street gained ground on Thursday as positive geopolitical developments and a string of corporate earnings beats put investors in a buying mood.

Blackstone's financing for Merlin deal unsettles bond market

4 hours 32 min ago
A buyout consortium led by Blackstone sent a frisson through debt markets this week as it took advantage of a booming appetite for bonds to push through aggressive terms on financing for its leveraged buyout of Merlin Entertainments.

EDF CEO says France prepares to build new nuclear plants: Le Monde

4 hours 33 min ago
It is clear that France is preparing to build new nuclear power plants, Jean-Bernard Levy, Chief Executive of state-controlled utility EDF , said in an interview with Le Monde newspaper on Thursday.

Big U.S. liquefied natgas players move fast; smaller ones try to keep up

4 hours 42 min ago
A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals with fewer long-term contracts, while smaller developers struggle to find financing for their first plants.

Wall Street higher on strong earnings, Brexit deal

4 hours 55 min ago
U.S. stocks rose on Thursday on the back of strong earnings from Netflix and Morgan Stanley, with Britain's preliminary last-minute deal with the European Union adding to the upbeat mood.

NTSB to determine probable cause of fatal Uber self-driving crash

5 hours 13 min ago
The U.S. National Transportation Safety Board (NTSB) will hold a Nov. 19 hearing to determine the probable cause of a March 2018 Uber Technologies Inc self-driving vehicle crash that killed a pedestrian in Arizona.

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