Thursday, 22 June 2017

Reuters Business Today: June 22, 2017

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Thursday, June 22, 2017
Wall St. flat at open as oil prices edge up
(Reuters) - U.S. stocks opened little changed on Thursday as oil prices remained under pressure even as they edged up from multi-month lows.
U.S. jobless claims rise, labor market still tight
WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits increased slightly last week, but remains at levels consistent with a tight labor market.
Exclusive: China Unicom counts Alibaba, Tencent among investors in drive to raise $10 billion - sources
HONG KONG (Reuters) - Chinese tech giants Alibaba Group Holdings and Tencent Holdings will be among new investors pouring a total of around $10 billion into mobile carrier China Unicom, sources said, part of efforts by Beijing to rejuvenate state behemoths with private cash.
American Airlines says Qatar Airways interested in buying 10 percent stake
(Reuters) - American Airlines Group Inc said on Thursday that Qatar Airways, the Gulf country's state-owned airline, had expressed interest in buying a 10 percent stake worth at least $808 million in the No.1 U.S. airline.
Sales chief says Boeing won 571 orders and commitments
PARIS (Reuters) - Boeing said it had won 571 orders and commitments for jetliners at the Paris Airshow, upstaging European rival Airbus after the launch of a new model of its 737 MAX passenger jet.
Tesla reaches agreement with Shanghai to explore production: Bloomberg
Tesla's revenue from China more than tripled to over $1 billion last year, according to its annual report.
Boeing wins hot Paris order race
PARIS (Reuters) - Boeing won a red hot race for new business at the Paris Airshow, rolling out a new model of its best-selling 737 airliner that helped it claim back the order crown from rival Airbus
Brent crude oil edges back above $45, but excess weighs
LONDON (Reuters) - Oil edged up from multi-month lows on Thursday, but prices remained under pressure from a supply glut that has persisted despite OPEC-led efforts to balance the market.
Home Capital to get C$2 billion loan from Berkshire Hathaway
(Reuters) - Home Capital Group Inc said billionaire Warren Buffett's Berkshire Hathaway Inc will provide a new C$2 billion ($1.50 billion) line of credit to its unit Home Trust Co, ending the Canadian lender's strategic review process.
Citi hires two senior UBS Asia bankers for China, EMEA roles
HONG KONG (Reuters) - Two senior bankers working for UBS Group AG in Asia have left to join Citigroup Inc , adding to other top bankers who have left the Swiss bank in the region in the last few months.
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