Tuesday, 18 June 2019

Daily Investor Update: Airbus seeks new partners to expand in U.S. space market

Reuters.com Newsletter

Airbus seeks new partners to expand in U.S. space market

Airbus' defense division is looking for new partners to expand its presence in the growing U.S. space market, and could potentially build components for a lunar program there, Airbus Defense and Space Chief Executive Dirk Hoke told Reuters.

U.S., China rekindle trade talks ahead of Trump-Xi G20 meeting

China and the United States are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping, cheering financial markets with hope that an escalating trade war between the two countries would abate.

Anadarko approves $20 billion LNG export project in Mozambique

U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie.

Oil climbs over $1/bbl on U.S.-China trade deal hopes, Mideast tension

Oil prices rose more than $1 a barrel on Tuesday after news that China and the United States were rekindling trade talks ahead of a meeting at the G20 summit later this month, spurring hopes that the two countries would resolve an ongoing trade war.

Wall St. rises as mood on trade again turns optimistic, nears record high

Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the Fed will cut interest rates this year.

White House considered demoting Fed's Powell: report

Lawyers at the White House earlier this year explored the legality of stripping Jerome Powell of his Federal Reserve chairmanship and demoting him to be just one of as many as seven governors of the U.S. central bank, according to a report from Bloomberg News published on Tuesday.

Boost for Boeing as BA owner backs grounded jet with 200-plane order

Boeing won a major vote of confidence at the Paris Airshow on Tuesday as British Airways owner IAG signed a letter of intent to buy 200 of its 737 MAX jets that have been grounded since March after two deadly crashes.

Boeing 737 MAX boosted by IAG plan to order 200 jets

Boeing's grounded 737 MAX jet received a boost on Tuesday after British Airways-owner IAG signed a letter of intent to order 200 of the planes and said it was confident that it would return to service in the coming months.

Facebook reveals Libra cryptocurrency, sparking new privacy concerns

Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.

Dish Network nearing $6 billion deal for T-Mobile-Sprint assets: Bloomberg

Satellite TV provider Dish Network Corp is in talks to buy the wireless assets of T-Mobile US Inc and Sprint Corp for at least $6 billion, Bloomberg reported on Tuesday, citing people familiar with the matter.

Related Videos

Lufthansa shares tumble after profit warning

Target hit by nationwide payment outage

Introducing the all-new
Reuters News app

The new Reuters News app is here, redesigned from the ground up to fit your busy life.

Get it now on iOS