TOULOUSE, France (Reuters) – Airbus is not planning a larger A350 jet and will focus on developing existing versions of the widebody aircraft, an executive said on Tuesday.
(Reuters) – U.S. grocery chain operator Albertsons Companies Inc said on Tuesday it would buy drugstore chain Rite Aid Corp in a cash-and-stock deal to create a company with $83 billion in revenue.
(Reuters) – U.S. stock index futures fell more than half a percent as Wall Street returned from a long holiday weekend on Tuesday, a rise in bond yields and underwhelming results from Walmart halting a six-day winning streak for the major indexes.
(Reuters) – Home Depot Inc’s profit beat market estimates for the sixth straight quarter on Tuesday as more shoppers visited the No.1 U.S. home improvement chain and spent more on average amid an improving housing market.
(Reuters) – U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it now has the backing of the shareholder group led by Elliott Management that opposed the previous proposal.
NEW YORK (Reuters) – Retail behemoth Walmart Inc on Tuesday reported a lower-than-expected quarterly profit and posted a sharp drop in online sales growth during the critical holiday period, sending its shares down almost 4 percent in premarket trade….
PYEONGCHANG, South Korea (Reuters) – In packing for the Winter Olympics, Canadian entrepreneur Domenico Ciarallo stuffed his bags with hats and t-shirts bearing the logo of his company, which makes locker-room dryers.
(Reuters) – Home Depot Inc’s quarterly profit beat market estimates for the sixth straight quarter as the No.1 U.S. home improvement chain drew in more shoppers who spent more on average amid an improving housing market.
LONDON (Reuters) – Rupert Murdoch’s Twenty-First Century Fox has strengthened its offer to protect the independence of Sky’s loss-making news channel to try to overcome regulatory concerns about Fox’s takeover of the parent company.
(Reuters) – U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share from $110, after being pressured by shareholders led by activist hedge fund Elliott Management Corp, the Wall Street Journal reported, citing peo…
(Reuters) – U.S. grocery chain operator Albertsons Companies Inc plans to buy the part of Rite Aid Corp that is not being bought by Walgreens Boots Alliance Inc , the Wall Street Journal reported on Tuesday.
TOKYO (Reuters) – Toyota Motor Corp has found a way to reduce the amount of a key rare earth metal used in magnets for electric car motors by around 20 percent, which could tame the cost of producing electric cars and reduce the risk of a supply short…
HONG KONG/LONDON (Reuters) – HSBC Holdings reported a smaller than expected rise in annual profits and unveiled plans to raise up to $7 billion to bolster its capital, as CEO Stuart Gulliver hands over to a new leadership team on Tuesday.
LONDON (Reuters) – A six-day rebound in world stocks began to splutter on Tuesday, as bond market borrowing costs regained traction and the dollar kicked firmly away from a three-year low.
PARIS (Reuters) – Fashion labels may be falling over themselves to court young, smartphone-wielding shoppers, but there’s one millennial-inspired trend that is only catching on slowly: catwalk shows where clothes are available to buy instantly rather t…