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07/16/2019 | 07:16am EDT
Rio Tinto Faces Delays, Added Costs for Big Copper-Mine Project 

Rio Tinto said it will take longer and cost more than expected to finish building one of the world's biggest copper mines in Mongolia's remote southern Gobi desert.

737 MAX Woes Hobble Budget Carrier Ryanair 

Ryanair said delays in deliveries of Boeing's 737 MAX passenger jet will lower growth next summer, forcing Europe's largest budget airline to close some of its bases and make cuts at others this winter.

Quibi to Create Daily News Show With NBC 

Quibi will launch a twice-daily news show in partnership with NBC News, part of a strategy to lure viewers to its short-form streaming service every day.

Judge Cuts $55 Million From $80 Million Roundup Verdict 

A federal judge cut down by $55 million a verdict tying Bayer's Roundup weedkiller to cancer, as the company continues to battle thousands of similar claims throughout the U.S.

Renault said its vehicle sales in the first half fell 6.7% and warned that the global market is set to decline, although Europe should remain stable.

Prologis to Buy Warehouse Owner Industrial Property Trust 

Prologis has agreed to buy real-estate investment trust and warehouse owner Industrial Property Trust in a deal valued at $3.99 billion including debt, the company said.

Blackstone Buying Ad-Tech Startup for About $750 Million 

The deal valued the San Francisco startup at about $750 million, according to a person familiar with the matter. Blackstone is acquiring essentially all of the equity from investors, the person added.

CRH to Sell Unit to Blackstone 

CRH confirmed the sale of its European distribution business to Blackstone for up to EUR1.64 billion.

LVMH Buys Minority Stake in Stella McCartney House 

LVMH Möet Hennessy Louis Vuitton bought a minority stake in the British fashion house set up by Stella McCartney, giving the French luxury company a high-profile vehicle to tap growing demand for high-end clothing marketed as sustainable.

AB InBev Might Take Longer to Cut Debt After Pulled IPO of Asia Unit 

Anheuser-Busch InBev's finance chief will likely need more time to bring down the brewer's debt and have less room for mergers and acquisitions after management decided to pull a highly anticipated IPO of a subsidiary, analysts said.

Stocks mentioned in the article
ChangeLast1st jan.
BLACKSTONE GROUP LP End-of-day quote.
CHRISTIAN DIOR SE 0.18% 446.4 Real-time Quote.33.57%
CRH PLC 0.23% 2653 Delayed Quote.27.96%
GOLD 0.69% 1503.55 Delayed Quote.17.73%
LME COPPER CASH 0.80% 5755.5 End-of-day quote.-1.43%
LVMH MOËT HENNESSY VUITTON SE -0.13% 356.3 Real-time Quote.38.21%
NISSAN MOTOR CO LTD 0.70% 663.4 End-of-day quote.-22.51%
PROLOGIS INC 1.78% 83.86 Delayed Quote.42.81%
RENAULT 0.01% 49.2 Real-time Quote.-9.82%
RIO TINTO LIMITED 1.02% 85.83 End-of-day quote.7.96%
RIO TINTO PLC -0.17% 4058 Delayed Quote.8.98%
RYANAIR HOLDINGS -2.23% 8.648 Delayed Quote.-20.37%
SILVER 0.68% 16.997 Delayed Quote.10.59%
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