World News

Italy government to take into account security committee’s 5G views: official

ROME (Reuters) – The government will have to take into account the views of a parliamentary security committee which has said Rome should consider preventing Chinese telecoms firms from developing Italy’s 5G networks, an official said on Friday. The influential committee, known as Copasir, said on Thursday worries that Huawei and ZTE might pose a […]

World News

Graphic: For veteran Netflix shareholders, it’s been a very good decade

By Noel Randewich SAN FRANCISCO (Reuters) – For long-term shareholders of Netflix <NFLX.O>, the end of December marks an extremely rewarding decade. Shares of the video-streaming heavyweight have surged over 4,100% since the end of 2009, making it the S&P 500’s top performer over the past 10 years. Analysts mostly recommend investors keep buying the […]

World News

United cancels 737 MAX flights into June as Spirit AeroSystems to freeze parts production

By Ankit Ajmera and David Shepardson (Reuters) – United Airlines Co is extending its cancellations of Boeing 737 MAX flights until June 4 as Boeing’s top supplier, Spirit AeroSystems Inc, <SPR.N> said it would stop making fuselages for the grounded jets. United’s announcement is the longest that any U.S. carrier has scheduled for the grounded […]

World News

Battered Mexican construction sector hopes to exit slump in 2020

By Sharay Angulo MEXICO CITY (Reuters) – Major infrastructure projects recently announced by Mexico’s government and the private sector could next year pull the construction industry out of a protracted slump, though the boost to the economy is unlikely to be significant. Representing some 7.5% of total economic output, construction has contracted for 16 consecutive […]

World News

United Airlines pulls Boeing 737 MAX jets until early June

By Tracy Rucinski and David Shepardson CHICAGO/WASHINGTON (Reuters) – United Airlines Holdings Inc <UAL.O> said on Friday it is extending cancellations of Boeing 737 MAX flights from early March until June 4, the longest that any U.S. carrier is scheduling without the grounded aircraft. The decision follows comments from the U.S. Federal Aviation Administration (FAA) […]