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Headlines
Friday, 22 September
Uber stripped of London license
2h ago - LONDON (Reuters) - London stripped Uber [UBER.UL] on Friday of its license to operate from the end of September in a huge blow to the taxi app that will affect more than 40,000 drivers in one of the world's biggest cities.
Bettencourt death stirs speculation about L'Oreal ownership
3h ago - PARIS (Reuters) - The death of the French matriarch of L'Oreal's (>> L'Oréal) founding family stirred speculation about the future of the world's largest cosmetics firm and its relationship with shareholder Nestle (>> Nestlé).
Rio Tinto to increase share buybacks by $2.5 billion
12h ago - LONDON/MELBOURNE (Reuters) - Flush with cash, Rio Tinto (>> Rio Tinto(>> Rio Tinto Limited) said it would buy back an additional $2.5 billion worth of its shares, dishing out the proceeds from a sale of coal assets earlier than some had expected.
Alstom, Siemens in advanced rail tie-up talks - Le Monde
47m ago - PARIS (Reuters) - German engineering giant Siemens (>> Siemens) is in advanced talks to combine its rail activities with France's Alstom (>> Alstom) in a deal that could be announced on Sept. 26, Le Monde reported on Friday.
Phillips 66 to sell assets to MLP in $2.4 billion deal
38m ago - (Reuters) - Phillips 66 Partners LP (>> Phillips 66 Partners LP), the master limited partnership (MLP) of Phillips 66 (>> Phillips 66), said it would buy assets from the refiner in a deal valued at $2.4 billion, including debt, in its biggest acquisition ever.
Good News for Apple as iPhone 8 Sales Off to a Slow Start
4h ago -
Alibaba and Tencent Set Fast Pace in Mobile-Payments Race
3h ago -
Smiths Group's core revenue slips, shares drop
3h ago - (Reuters) - British conglomerate Smiths Group (>> Smiths Group) reported a fall in underlying full-year revenue due to weakness in its energy equipment and service business as well as its medical device unit.
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