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Sony's stock could rise 20 percent on gaming and camera chips sales: Barron's

Reuters Business News - Sun, 2017-11-12 20:53
NEW YORK (Reuters) - Powered by stronger sales of its camera chips for smartphones along with videogame systems and software, Sony Corp's [6758.T] stock could rise by another 20 percent over the coming year, Barron's said on Sunday.
Categories: business

Boeing takes head start in Dubai with Emirates Dreamliner order

Reuters Business News - Sun, 2017-11-12 16:16
DUBAI (Reuters) - Emirates unveiled a preliminary order worth $15 billion for 40 Boeing jets on Sunday, but kept Europe's Airbus waiting for a lifeline order for A380 superjumbos as the Dubai Airshow opened amid worries over tensions in the Middle East.
Categories: business

London mayor supports compromise efforts between regulator and Uber

Reuters Business News - Sun, 2017-11-12 15:31
LONDON (Reuters) - London mayor Sadiq Khan said on Sunday he supported efforts by the city's transport regulator Transport for London to try to reach a compromise with Uber after the taxi app confirmed it would appeal in a running row over workers' rights.
Categories: business

Volkswagen re-registers Cayman Islands planes in Germany

Reuters Business News - Sun, 2017-11-12 15:30
BERLIN (Reuters) - Volkswagen has re-registered in Germany six company jets that were previously registered in the Cayman Islands, a company spokesman said on Sunday, confirming an article in Germany's Welt am Sonntag newspaper.
Categories: business

UAE agrees $1.6 billion deal with Lockheed Martin to upgrade F-16 fighters

Reuters Business News - Sun, 2017-11-12 12:56
DUBAI (Reuters) - The United Arab Emirates will pay Lockheed Martin Corp 6 billion dirhams ($1.63 billion) to upgrade 80 F-16 jet fighters, a Defense Ministry spokesman said on Sunday.
Categories: business

Aramco CEO: IPO preparations ongoing, no decision on venue abroad

Reuters Business News - Sun, 2017-11-12 12:15
KHOBAR, Saudi Arabia (Reuters) - Preparations to float shares of Saudi Aramco next year are proceeding, but no decision has been taken yet on the venue for the international listing, the chief executive of the state oil company told Al Arabiya Television channel.
Categories: business

China's JD.com, Alibaba rival, reports $19.1 billion in shopping event sales

Reuters Business News - Sun, 2017-11-12 12:05
BEIJING (Reuters) - JD.com, China's e-commerce behemoth, said on Sunday that sales for Singles' Day - and its run-up - reached 127.1 billion yuan ($19.14 billion), up 50 percent from a year ago.
Categories: business

Membership revoked? Veteran GE's spot in exclusive Dow may be shaky

Reuters Business News - Sun, 2017-11-12 11:06
NEW YORK (Reuters) - It is hard to imagine the Dow Jones Industrial Average without General Electric Co . The U.S. industrial conglomerate's stock is the lone original component of the venerable blue-chip index that debuted in 1896.
Categories: business

Airbus, Boeing close in on Dubai deals worth $30 billion

Reuters Business News - Sun, 2017-11-12 08:06
DUBAI (Reuters) - A battle for orders erupted on day one of the Dubai Airshow on Sunday as Europe's Airbus and its U.S. arch-rival Boeing prepared to fire opening salvos worth almost $30 billion.
Categories: business

Emirates partners with Mercedes, Jeremy Clarkson for new first class

Reuters Business News - Sun, 2017-11-12 07:22
DUBAI (Reuters) - Dubai airline Emirates [EMIRA.UL] joined forces with Mercedes-Benz and motoring journalist Jeremy Clarkson to launch its new first-class suites on Sunday, inspired by the styling of luxury car interiors.
Categories: business

Airbus to buy back some A380s in new Emirates deal: sources

Reuters Business News - Sun, 2017-11-12 06:20
DUBAI (Reuters) - Airbus will have to buy back or find new homes for some of the older A380s currently operated by Dubai's Emirates as it finalises a deal to sell new superjumbos to the Gulf carrier, industry sources said on Sunday.
Categories: business

Master limited partnerships poised for bounce, but could be short-lived

Reuters Business News - Sun, 2017-11-12 01:02
NEW YORK (Reuters) - Master limited partnerships (MLPs) have been beaten down in 2017, but conditions may be turning in their favor for a short-term bounce by year-end.
Categories: business

MLPs poised for bounce, but could be short-lived

Reuters Business News - Sat, 2017-11-11 21:44
NEW YORK (Reuters) - Master limited partnerships (MLPs) have been beaten down in 2017, but conditions may be turning in their favor for a short-term bounce by year-end.
Categories: business

Asia-Pacific leaders say to fight 'unfair trade' in nod to Trump

Reuters Business News - Sat, 2017-11-11 15:53
DANANG, Vietnam (Reuters) - Asia-Pacific leaders agreed on Saturday to address "unfair trade practices" and "market distorting subsidies" in a statement that bore the imprint of U.S. President Donald Trump's efforts to reshape the global trade landscape.
Categories: business

Emirates may order 36-38 Airbus A380 jets: source

Reuters Business News - Sat, 2017-11-11 15:36
DUBAI (Reuters) - Dubai's Emirates [EMIRA.UL] may place an order at the Dubai Airshow for 36-38 Airbus A380 superjumbo jets, worth some $16 billion at list prices, a person familiar with the matter told Reuters on Saturday.
Categories: business

Trans-Pacific trade deal advances without United States

Reuters Business News - Sat, 2017-11-11 13:10
DANANG, Vietnam (Reuters) - Countries in the Trans Pacific Partnership (TPP) trade deal have agreed on the core elements to move ahead without the United States, officials said on Saturday, after last-minute resistance from Canada raised new doubts about its survival.
Categories: business

Exclusive: Rupert Murdoch twice discussed CNN with AT&T CEO - sources

Reuters Business News - Sat, 2017-11-11 05:23
NEW YORK (Reuters) - Rupert Murdoch telephoned AT&T Inc Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday.
Categories: business

U.S. toymaker Hasbro makes new approach to buy Mattel: source

Reuters Business News - Sat, 2017-11-11 00:35
(Reuters) - Hasbro Inc has made an approach to acquire rival Mattel Inc , 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.
Categories: business

GE cutting staff ahead of new CEO's Monday overhaul: sources

Reuters Business News - Fri, 2017-11-10 22:03
NEW YORK (Reuters) - General Electric Co is laying off sales staff and other employees in its software division, according to people familiar with the matter, ahead of new Chief Executive John Flannery's expected announcement on Monday of a plan to slash costs and jettison units in an effort to improve the company's profits.
Categories: business

Disney shares rise as focus turns to streaming commitment

Reuters Business News - Fri, 2017-11-10 18:26
(Reuters) - Walt Disney's shares rose 3 percent on Friday, as Wall Street shrugged off poor financial results and focused instead on the media giant's commitment to build a service that will compete aggressively with video streaming pioneer Netflix.
Categories: business

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