By Jennifer Hiller HOUSTON (Reuters) – Oil and gas companies worldwide are taking an axe to their employment rolls, shedding workers to survive what is expected to be a prolonged stretch of weak demand. Exxon Mobil Corp...
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Exclusive: Julius Baer plans wealth management joint venture in China – sources
By Sumeet Chatterjee and Brenna Hughes Neghaiwi HONG KONG/Zurich (Reuters) – Swiss private bank Julius Baer Gruppe AG <BAER.S> plans to set up business in China in partnership with a local financial firm as part of its...
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Delta Air Lines, pilot union reach preliminary deal to avoid furloughs
(Reuters) – Delta Air Lines Inc <DAL.N> and the union that represents its pilots have reached a preliminary cost-cutting deal that will prevent furloughs until Jan. 1, 2022, the union said late on Thursday. Delta MEC, a unit...
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Canada judge sides with Huawei CFO on some claims but does not dismiss U.S. extradition case
By Tessa Vikander and Moira Warburton VANCOUVER/TORONTO (Reuters) – A judge has blocked an attempt by Canada’s attorney general to get parts of Huawei Chief Financial Officer Meng Wanzhou’s arguments dismissed in the...
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Thwart U.S. veto or await new president? WTO has leadership dilemma
By Philip Blenkinsop and Andrea Shalal BRUSSELS/WASHINGTON (Reuters) – Faced with a veto from the United States, the World Trade Organization has two unpalatable options for selecting its next leader – override its biggest...
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Tech earnings tsunami buoys Alphabet, sinks Apple
By Noel Randewich (Reuters) – Alphabet <GOOGL.O> rallied, Apple <AAPL.O> sank and Twitter <TWTR.N> tumbled on Thursday after a mixed bag of quarterly reports from top-tier technology companies that investors have...
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