ProPetro rejigs management after internal probe into accounting disclosures

ProPetro rejigs management after internal probe into accounting disclosures
FILE PHOTO: A piece of equipment stands in the ProPetro yard before being sent to a fracking site where it will be used to coax oil from underground, in Midland, Texas, U.S., on April 12, 2018. REUTERS/Ann Saphir (Reuters) – Hydraulic fracturing firm ProPetro Holding Corp (PUMP.N) on Wednesday announced a management shakeup, following an internal investigation into disclosure of... Read More

China lowers expectations for U.S. trade talks after blacklist – officials

China lowers expectations for U.S. trade talks after blacklist – officials
BEIJING/WASHINGTON (Reuters) – Surprised and upset by the U.S. blacklisting of Chinese companies, China has lowered expectations for significant progress from this week’s trade talks with the United States, Chinese government officials told Reuters, even as President Donald Trump on Wednesday expressed fresh optimism. FILE PHOTO: Flags of U.S. and China are displayed at American International Chamber of Commerce (AICC)’s... Read More

Trump says there is a ‘really good chance’ of U.S.-China trade deal

Trump says there is a ‘really good chance’ of U.S.-China trade deal
U.S. President Donald Trump answers questions from reporters during an event to sign executive orders on “transparency in federal guidance and enforcement” in the Roosevelt Room of the White House in Washington, U.S., October 9, 2019. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – President Donald Trump said on Wednesday there was a very good chance that the United States and China will... Read More

Boeing’s 787 under pressure as Russia’s Aeroflot cancels order

Boeing’s 787 under pressure as Russia’s Aeroflot cancels order
SEATTLE/PARIS (Reuters) – Boeing Co (BA.N) faced additional uncertainty on Wednesday over future production rates for its 787 Dreamliner after Russian carrier Aeroflot (AFLT.MM) formally canceled an order for 22 aircraft valued at about $5.5 billion at list prices. FILE PHOTO: The new Boeing 787-10 Dreamliner taxis past the Final Assembly Building at Boeing South Carolina in North Charleston, South... Read More