Thursday, 17 October 2019

Stocks, sterling rise on long-awaited Brexit deal

Reuters.com Newsletter

Stocks, sterling rise on long-awaited Brexit deal

A deal on Britain's departure agreed with the European Union sent sterling to a five-month high on Thursday and hoisted European stocks to a 1-1/2-year peak before doubts about UK parliamentary support brought them back to earth.

U.S. stocks gain on upbeat earnings, geopolitical news

Wall Street advanced on Thursday as investor sentiment was buoyed by a string of corporate earnings beats and encouraging geopolitical developments.

At Chick-fil-A, new table service means no waiting in line to order

Fast-food chicken chain Chick-fil-A is turning the tables on in-house dining, unveiling a new sit-down table service through its app that means customers will not have to wait at the counter to order.

Boeing 777X delays may affect Emirates fleet plans: Clark

Delivery delays to Boeing's 777X jetliner are holding back Emirates' growth and could partially affect the Gulf carrier's broader requirements for wide-body aircraft, airline President Tim Clark said on Thursday.

UAW deal with GM to end strike includes pay raises, but three plants would close

The United Auto Workers union wrung higher pay and better coverage for temporary workers from General Motors Co as part of its tentative deal to end a month-long U.S. strike, but the deal would also allow the automaker to move forward with closing three plants, the union said on Thursday.

UAW reaches contract deal with 850 Aramark workers at GM plants: sources

The United Auto Workers union on Thursday reached a tentative agreement for a new contract covering 850 Aramark employees who work at General Motors plants in Ohio and Michigan in maintenance, two sources briefed on the matter said.

Saudi Aramco delays planned IPO to allow for earnings update: sources

Saudi Aramco has delayed the planned launch of its initial public offering (IPO), as the giant oil company wants to update investors with its latest earnings before proceeding, two sources familiar with the matter said on Thursday.

Exclusive: Wall Street banks see green light from Fed on reserves - sources

Wall Street banks believe they are getting a green light from supervisors to hold more Treasury debt and less cash after last month's volatility in overnight lending markets, three industry sources told Reuters.

Oil rises, supported by U.S. fuel stock draws but weighed by crude build

Oil prices rose about 1% on Thursday after draws in U.S. fuel inventories, but gains were capped by a larger-than-expected rise in crude stockpiles and a series of weak economic figures.

Toyota conducts final phase of recall to replace Takata airbag inflators

Toyota Motor Corp's North America unit said on Thursday it was conducting the final phase of a safety recall to replace potentially faulty Takata airbag inflators in about 928,000 vehicles.

Timeline: UAW wrings higher pay from GM in deal to end strike, agrees to plant closings

The United Auto Workers union wrung higher pay and other benefits from General Motors Co as part of a tentative deal to end a month-long U.S. strike by about 48,000 workers, the union disclosed on Thursday.

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