A HNA Group logo is seen on the building of HNA Plaza in Beijing, China February 9, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – China’s indebted HNA Group has appointed its chairman’s son as president as part of business restructuring at the finance-to-aviation conglomerate, Chinese financial magazine Caixin reported on its website on Saturday. Chen Xiaofeng,
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FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam/File Photo (Reuters) – Facebook Inc’s (FB.O) upcoming news tab will feature headlines from the Wall Street Journal and some other News Corp (NWSA.O) media properties when it launches in fall
(Reuters) – U.S. retailer Sears has borrowed about $150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar with the matter said. FILE PHOTO: A Sears department store is pictured in La Jolla, California, U.S., March 22, 2017.
FILE PHOTO: The JetBlue Airways logo is seen on a revolving door entering John F. Kennedy Airport in the Queens borough of New York U.S., January 24, 2017. REUTERS/Shannon Stapleton OSLO (Reuters) – Norwegian Air (NWC.OL) and JetBlue Airways (JBLU.O) have agreed to form a partnership that will allow customers to book flights on each
SINGAPORE (Reuters) – The date of entry into service of Boeing Co’s ultra-long-range 777-8 wide-body airliner will depend partly on customer demand, an executive said, with the planemaker hoping to win an order from Qantas Airways Ltd to supply the plane for Sydney-London flights. FILE PHOTO: The Boeing logo is displayed on a screen, at
VIENNA (Reuters) – Airline Swiss expects to resume mostly normal service with its fleet of Airbus A220 jets on Thursday after temporarily grounding the jets for safety checks of their engines, it said on Wednesday. FILE PHOTO: The logo of Swiss airlines is seen at Zurich airport, Switzerland October 21, 2016. REUTERS/Arnd Wiegmann/File Photo The
FILE PHOTO: Steve Wynn, Chairman and CEO of Wynn Resorts, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. REUTERS/Mike Blake (Reuters) – Nevada gaming regulators are seeking a ban on former Wynn Resorts Ltd (WYNN.O) chief Steve Wynn from the state’s casino industry, citing allegations of sexual misconduct
FILE PHOTO: A WeWork logo is seen at a WeWork office in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch/File Photo (Reuters) – Shared office space company WeWork prefers the option of a near $5 billion financing package led by JPMorgan Chase & Co (JPM.N) to selling a controlling stake to Japan’s SoftBank Group
NEW YORK (Reuters) – Profit reports from big manufacturers and other industrial firms arriving this week will provide investors with a crucial corporate gauge of the U.S. economy’s health and the fallout from trade tensions between Washington and Beijing. FILE PHOTO: A Wall St. street sign is seen near the New York Stock Exchange (NYSE)
LONDON (Reuters) – A global index of stock markets slipped on Monday as signs of progress in the China-U.S. trade dispute drew mixed a reaction from investors, with some cautioning over a lack of detail in the initial stages of the agreement. FILE PHOTO: The German share price index DAX graph is pictured at the
HOBBS, N.M. (Reuters) – New Mexico oil man Johnny Vega laid out his predicament as his crew hoisted pipes from a well during the biggest oil boom in U.S. history. FILE PHOTO: Oil field worker, Miguel Holguin, operates a swabbing rig in a field in Seminole, TX, U.S. September 19, 2019. REUTERS/Adria Malcolm The son
FILE PHOTO: A Lyft bicycle is shown at the Lyft listing on the Nasdaq during an IPO event in Los Angeles, California, U.S., March 29, 2019. REUTERS/Mike Blake/File Photo (Reuters) – Lyft Inc (LYFT.O), following its rival Uber’s (UBER.N) move, has sued New York City seeking to nullify a new rule limiting the time its
LOS ANGELES (Reuters) – A fierce, wind-driven wildfire swept through foothills and canyons along the northern edge of Los Angeles on Friday, engulfing homes, closing roads and devouring acres of dry brush and chaparral as 100,000 residents were forced to flee. At least one death was attributed to the fire, a man who authorities said
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended a threatened tariff hike, but officials on both sides said much more work needed to be done before an accord could be agreed. The emerging deal, covering agriculture, currency and
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 9, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stocks ended more than 1% higher on Friday, but below their session highs, after the announcement of a partial trade deal between the United States and China. The Dow
LONDON/TOKYO/NEW YORK (Reuters) – Some European and Japanese bond investors are taking on more currency risk by buying dollar debt without protecting themselves against potentially devastating exchange rate swings as they seek ways to compensate for sub-zero yields at home. FILE PHOTO: Passersby are reflected on an electronic board showing the exchange rates between the