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Total names Pouyanne and Desmarest to top positions

Total names Pouyanne and Desmarest to top positions

PARIS (Reuters) – French oil major Total on Wednesday appointed refining head Patrick Pouyanne as chief executive and former CEO Thierry Desmarest as non-executive chairman.




Reuters: Business News

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Futures point to slight gain after four-day rally

Futures point to slight gain after four-day rally

NEW YORK (Reuters) – U.S. stock index futures pointed to a very slightly higher open on Wednesday, with buyers largely taking a pause following the biggest four-day rally for the S&P 500 since January 2013.




Reuters: Business News

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Boeing’s profit jumps 18 percent; raises 2014 earnings forecast again

Boeing’s profit jumps 18 percent; raises 2014 earnings forecast again

(Reuters) – Boeing Co reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand.


Reuters: Business News

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Exclusive: Investors seek delay to HK-Shanghai stock tie-up

Exclusive: Investors seek delay to HK-Shanghai stock tie-up

HONG KONG (Reuters) – Some of the world’s biggest banks and asset managers have asked the Hong Kong securities regulator to delay a landmark China stock trading link that could generate billions of dollars of trade a day due to uncertainty over the scheme rules, according to a letter seen by Reuters.




Reuters: Business News

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At least 11 banks to fail European stress tests: news agency Efe

At least 11 banks to fail European stress tests: news agency Efe

MADRID (Reuters) – At least 11 banks from six European countries are set to fail a region-wide financial health check this weekend, Spanish news agency Efe reported, citing several unidentified financial sources.




Reuters: Business News

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Wet European summer leaves Heineken beer sales short

Wet European summer leaves Heineken beer sales short

BRUSSELS (Reuters) – Heineken , the world’s third largest brewer, reported lower than expected beer sales in the third quarter as Europeans drank less during a wet summer, but retained its full-year outlook.




Reuters: Business News

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Faulty airbags warning expanded to 6.1. million U.S. cars: NHTSA

Faulty airbags warning expanded to 6.1. million U.S. cars: NHTSA

WASHINGTON (Reuters) – The U.S. highway safety regulator, NHTSA, expanded its warning on Tuesday about faulty airbags made by Japanese auto-part maker Takata to 6.1 million vehicles in the United States.




Reuters: Business News

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Airbus Helicopters expects China to become biggest market by 2020

Airbus Helicopters expects China to become biggest market by 2020

BEIJING (Reuters) – Airbus Helicopters, the world’s largest civil helicopter maker, expects China and Hong Kong to become its biggest global market within six years as Beijing starts to lift restrictions on the use of low altitude airspace from 2015.


Reuters: Business News

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Yahoo ekes out third quarter revenue gain despite display ad weakness

Yahoo ekes out third quarter revenue gain despite display ad weakness

SAN FRANCISCO (Reuters) – Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company’s online display advertising business continued to struggle.


Reuters: Business News

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Asian shares bask in glow of U.S. tech earnings

Asian shares bask in glow of U.S. tech earnings

TOKYO (Reuters) – Asian shares pulled ahead on Wednesday, taking their cue from Wall Street’s strong performance as upbeat results from two technology bellwethers offset recent concerns about the outlook for the global economy.


Reuters: Business News

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