October 23, 2018

Lockheed Martin profit beats, downplays Saudi exposure

Lockheed Martin Corp , the Pentagon’s No. 1 weapons supplier, on Tuesday posted a better-than-expected rise in quarterly profit, driven by higher production of its F-35 […]
October 23, 2018

UTC confident of Chinese nod for Rockwell deal, reports strong profit

United Technologies Corp soothed investor nerves over Chinese approval for its purchase of aircraft parts maker Rockwell Collins , as it announced a stronger-than-expected quarterly profit […]
October 23, 2018

Instant View: Wall Street shares resume tumble

Wall Street stocks tumbled more than 2 percent on Tuesday as disappointing forecasts from industrial bellwethers Caterpillar and 3M piled on to concerns over Saudi Arabia’s […]
October 23, 2018

Caterpillar’s shares tumble on disappointing profit outlook

Caterpillar Inc disappointed investors on Tuesday by not raising its 2018 earnings forecast yet again, raising fears that the heavy-duty equipment maker may be signaling a […]
October 23, 2018

Exclusive: Justice Department demands details from Glencore on intermediary firms – sources

The U.S. Department of Justice is seeking documents from Glencore about intermediary companies that the commodities firm has worked with in the Democratic Republic of Congo, […]
October 23, 2018

Exclusive: Airbus faces new jet delays at Hamburg plant – sources

For two years Airbus faced a shortage of engines and had to slow jet deliveries. Now engines are arriving fast – but fresh snags mean a […]
October 23, 2018

Wall Street tumbles as weak industrials add to dour mood

Wall Street sank more than 1 percent on Tuesday as disappointing forecasts from industrial bellwethers Caterpillar and 3M piled on to concerns over Saudi Arabia’s diplomatic […]
October 23, 2018

Saudi signs deals worth $50 billion at investment event despite boycott

Saudi Arabia signed deals worth $50 billion on Tuesday, showing it can still attract investment at a conference boycotted by Western politicians and global business chiefs […]
October 23, 2018

Saudi crown prince says satisfied with investment conference in Riyadh

Saudi Crown Prince Mohammed bin Salman said on Tuesday he was satisfied with the Future Investment Initiative conference as he toured the venue. Powered by WPeMatico
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