Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

41-50 results from 1000 for query «markets»

November 5, 2018 1:21 PM Citigroup appoints Philip Drury head of EMEA investment banking: memo

(Reuters) - Citigroup Inc (C.N) named Philip Drury to run its London-based banking, capital markets and advisory business across Europe, the Middle East and Africa, according to a memo seen by Reuters. Citi, in September, overhauled its investment bank structure to combine its capital markets and corporate and investment banking divisions into a new banking 82

November 1, 2018 7:06 PM U.S. House finance chair still hopeful for vote on capital formation bill

WASHINGTON (Reuters) - The chair of the House Financial Services Committee says he is still hopeful the Senate will vote on a bill that would make it easier for companies to raise capital and go public, despite a growing likelihood the legislation has stalled in the upper chamber. In a statement to Reuters on Thursday, Texas Representative Jeb Hensarling 102

October 31, 2018 10:33 AM Carlyle reports 25 cents for third-quarter earnings per unit, misses forecast

NEW YORK (Reuters) - Alternative asset manager Carlyle Group LP (CG.O) on Wednesday missed estimates for earnings per unit for the third quarter, as the value of its private equity investments rose less than that one of its key rivals. Carlyle, which owns assets such as British premium car service Addison Lee and U.S. entertainment services provider 108

October 29, 2018 7:33 PM Global stocks slide as investors remain cautious

NEW YORK (Reuters) - An early gain on Wall Street fizzled and sent global stocks lower on Monday as investors remained cautious despite IBM’s $34 billion deal to purchase Red Hat Inc and Standard & Poor’s decision to keep Italy’s credit rating unchanged. In late afternoon trading, The Dow Jones Industrial Average .DJI fell 319.63 points, or 1.29 percent 109

October 25, 2018 10:43 AM AB InBev Halves Dividend as Beer Remains Out of Favor

Budweiser maker continues to struggle with declining beer consumption Anheuser-Busch InBev SA slashed its dividend Thursday as it reported weaker profit and lower volumes in several key markets, underscoring the Budweiser maker’s struggle with declining beer consumption. The Belgian company—which also owns Stella Artois globally and Corona outside the U.S.—halved 78

October 24, 2018 11:48 AM Domestic shipping drives UPS profit

FILE- In this Jan. 5, 2018, photo, a UPS delivery driver loads his cart with packages from his truck, in Boston. UPS Inc. reports earnings Wednesday, Oct. 24. (AP Photo/Bill Sikes, File) ATLANTA – Domestic shipping is helping to drive revenue higher at UPS and third-quarter profits rose 20 percent, but shares are down before the opening bell with U.S. markets 69

October 23, 2018 8:28 PM Dyson Plans to Build Electric Cars in Singapore

The British company said the manufacturing site should be completed by 2020 with sales beginning the following year LONDON—Dyson Ltd., best known for its high-end vacuum cleaners, said Tuesday it plans to build electric cars in Singapore, aiming to make its mark on the auto industry in fast-growing Asian markets. The closely held British company said a manufacturing 68

October 20, 2018 9:18 AM Trump a reluctant critic of Saudi Arabia despite pressure to act

WASHINGTON (Reuters) - Six days after Saudi journalist Jamal Khashoggi disappeared, U.S. President Donald Trump tried to play down the crisis, saying “hopefully that will sort itself out”. It did not, and on Oct. 10, amid a growing outcry, Trump’s son-in-law Jared Kushner and national security adviser John Bolton pressed Saudi Crown Prince Mohammed Bin Salman 115

October 19, 2018 5:35 PM Chevron Ready to Resume Oil Output in Wafra if Saudis, Kuwaitis Agree

Resumption in area is a key focus as a source of spare capacity ahead of U.S. sanctions on Iranian oil Chevron Corp. stands ready to restart pumping oil in a field shared by Saudi Arabia and Kuwait once the countries settle a dispute over environmental licenses, the company said Friday. The resumption of operations at the oil fields—that pump 500,000-barrels-a-day 75

October 18, 2018 11:50 AM Blackstone third-quarter profit beats estimates amid market rise

NEW YORK (Reuters) - Blackstone Group LP (BX.N), the world’s largest manager of alternative assets, modestly exceeded analyst expectations with an 11 percent jump in third-quarter earnings on Thursday, as climbing equity markets buoyed its holdings. The New York-based firm’s economic net income (ENI) per unit for the three months through September was 76 cents 76