Abbott revenue misses as heart devices eclipse diabetes gains

Reuters | Oct 16, 2019 at 6:50 PM

Abbott Laboratories fell just short of Wall Street estimates for quarterly revenue on Wednesday, as weakness in the medical device maker’s cardiovascular business overshadowed strong performance in its fast-growing diabetes care unit.

UAW, GM leaders have a deal to end strike, now workers will decide

Reuters | Oct 16, 2019 at 6:47 PM

General Motors Co and the United Auto Workers union reached a tentative deal on Wednesday for a new four-year labor deal, moving closer to ending a costly month-long strike that shut down GM’s most profitable factories in a test of wills over the future of U.S. auto industry jobs.

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  • UAW, GM leaders have a deal, now workers will decide (Reuters: Oct 16, 2019 at 5:50 PM)

Weak U.S. retail sales cast shadow over slowing economy

Reuters | Oct 16, 2019 at 6:42 PM

U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.

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  • Weak U.S. retail sales cast pall over slowing economy (Reuters: Oct 16, 2019 at 5:16 PM)

Lukoil shareholders to discuss interim dividends, capital reduction on December 3

TASS Russian News Agency | Oct 16, 2019 at 5:11 PM

The Board of Directors of Russian oil major Lukoil recommended that the Extraordinary General Shareholders’ Meeting resolve to pay dividends for the first nine months of 2019 in the amount of 192 rubles per ordinary share and resolve to reduce the charter capital of Lukoil through acquisition of a portion of issued shares in order to reduce the total number thereof, the company said in a press release on Wednesday.

Asian metropolises top list of world’s greenest commuter cities

Euronews | Oct 16, 2019 at 5:02 PM

Three Asian metropolises – Tokyo, Beijing and Singapore – are the world’s leading environmentally-friendly commuting cities, a report to be released by data insight company Kantar on Thursday says.

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  • Asian metropolises top list of world’s greenest commuter cities (Reuters: Oct 16, 2019 at 2:51 PM)