(Reuters) – Fitch Ratings on Friday cut its rating outlook on Boeing to “stable” from “positive,” as it believes the U.S. planemaker may take roughly 12 months longer in[...]
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March 15, 2024
Factbox-Electric vehicle plans of Indian automakers
BENGALURU (Reuters) – India said on Friday it would lower import taxes on certain electric vehicles produced by carmakers that commit to invest at least $500 million and start domestic manufactu[...]
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Reckitt will seek to overturn $60 million baby formula verdict
(Reuters) – Reckitt Benckiser on Friday said it would pursue all options to have a $60 million verdict overturned in a baby formula case in the United States as it stood by the safety of all its[...]
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TikTok advertisers will look to rivals if US Senate moves ahead on ban
By Sheila Dang (Reuters) – Advertisers who turn to TikTok to market to young consumers are preparing contingency plans with social media rivals in the event the short-form video app is sold or b[...]
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Qatar Airways mulls up to 150 widebody orders from Boeing, Airbus, Bloomberg News reports
(Reuters) -Qatar Airways is in early talks with Boeing and Airbus to order 100 to 150 widebody jets to expand and renew its fleet, Bloomberg News reported on Friday, citing people familiar with the ma[...]
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China’s JD.com walks away from offer for Britain’s Currys
LONDON (Reuters) – China-based online retailer JD.com said on Friday it would not make an offer for British electricals group Currys, days after U.S. investor Elliott Advisors walked away. Share[...]
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Exclusive-Citigroup probes senior IPO banker over bullying claims
By Echo Wang NEW YORK (Reuters) -Citigroup is investigating workplace harassment allegations made by at least one employee against a senior U.S. banker who works on initial public offerings, four peop[...]
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US equity funds attract inflows for third week in a row
(Reuters) – U.S. equity funds drew inflows for a third consecutive week in the seven days to March 13, with investors optimistic about a rally on Wall Street and clinging to hopes of rate cuts t[...]
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US consumer sentiment, inflation expectations stable in March
WASHINGTON (Reuters) – U.S. consumer sentiment and inflation expectations were little changed in March, a survey showed on Friday. The University of Michigan’s preliminary reading on the o[...]
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