September 5, 2017

Delta cuts passenger unit revenue forecast, shares drop

(Reuters) – Delta Air Lines Inc on Tuesday cut its forecast for passenger unit revenue, a closely watched performance metric, for the current quarter due to […]
September 5, 2017

Lego to cut 1,400 staff as decade-long sales boom ends

COPENHAGEN (Reuters) – Lego said it would lay off 8 percent of its staff and revamp its business after reporting its first fall in sales in […]
September 5, 2017

Exclusive: Western Digital offers to exit Toshiba chip bid for better JV terms

TOKYO (Reuters) – Western Digital Corp has offered to drop out of a group bidding for Toshiba’s coveted flash memory chip business to take a stronger […]
September 5, 2017

L.A. Times, Chicago Tribune owner buys New York Daily News

(Reuters) – Newspaper company Tronc Inc , which owns the Chicago Tribune and the Los Angeles Times, said it acquired the New York Daily News from […]
September 5, 2017

Exclusive: Under pressure, Hyundai clashes with China partner over suppliers – sources

BEIJING/SEOUL (Reuters) – Hyundai Motor Co is at loggerheads with its Chinese partner over efforts to cut supplier costs, as they grapple with cut-throat competition and […]
September 5, 2017

United Tech to buy Rockwell Collins for $30 billion

(Reuters) – Aerospace supplier United Technologies Corp has struck a $30 billion agreement to buy avionics and interiors maker Rockwell Collins Inc , the companies said […]
September 5, 2017

Global stocks on defensive after selloff on North Korea fears

TOKYO (Reuters) – Asian shares were on the defensive on worries about North Korea but expectations that Beijing will maintain support for its economy ahead of […]
September 5, 2017

Global stocks tentative after selloff on North Korea fears

TOKYO (Reuters) – Stock markets were under pressure on Tuesday after a global selloff the previous day in the wake of North Korea’s most powerful nuclear […]
September 5, 2017

United Tech to buy Rockwell Collins for $30 billion, combine aerospace operations

(Reuters) – Aerospace supplier United Technologies Corp has struck a $30 billion agreement to buy avionics and interiors maker Rockwell Collins Inc , the companies said […]
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