News

Wed, 23 Jan 2019 12:46:41 -0500
Comcast Corp beat Wall Street profit and revenue estimates on Wednesday as its high-speed internet business grew and it lost fewer cable subscribers than expected.
Wed, 23 Jan 2019 12:40:40 -0500
Procter & Gamble Co raised its sales forecast for the year on Wednesday after quarterly results topped Wall Street expectations, boosted by price hikes and strong demand for premium fabric and skin care products.
Wed, 23 Jan 2019 12:39:52 -0500
Facebook's operations chief said the world's largest social network needed to earn back public trust and was investing billions of dollars a year to improve the security of its network.
Wed, 23 Jan 2019 12:37:23 -0500
A top executive from Huawei Technologies Co Ltd being held in Canada can make "strong arguments" against extradition to the United States, in part due to remarks made by U.S. President Donald Trump, Canada's ambassador to China said.
Wed, 23 Jan 2019 12:37:00 -0500
France is aware of the risks of China's Huawei Technologies access to next-generation mobile networks and will take measures when the time comes, its foreign minister said on Wednesday.
Wed, 23 Jan 2019 12:36:17 -0500
A global index of stock markets turned negative on Wednesday as worries over U.S. politics, global economic growth and trade tensions offset a boost from quarterly earnings reports. The U.S. dollar and oil prices also declined.
Wed, 23 Jan 2019 12:32:29 -0500
Petroleo Brasileiro SA has rejected the most recent bid by an EIG Global Energy Partners-backed firm to purchase a pair of shallow-water oil clusters, two sources with direct knowledge of the matter said, potentially derailing a major divestment late in the process.
Wed, 23 Jan 2019 12:31:51 -0500
Pernod Ricard , the family-backed French spirits group under pressure from activist investor Elliott, said on Wednesday it named business veteran Patricia Barbizet to the newly created role of Lead Independent director to further improve its governance.
Wed, 23 Jan 2019 12:09:14 -0500
General Electric , which bought Alstom's energy business in 2015, aims to slash close to 470 jobs across the division in France in the face of falling orders worldwide, unions said on Wednesday.
Wed, 23 Jan 2019 11:56:00 -0500
The S&P 500 and the Nasdaq reversed course to dip slightly on Wednesday due to losses in healthcare and financial sectors, while the Dow stayed afloat on positive earnings reports from IBM, United Technologies and Procter & Gamble.
Wed, 23 Jan 2019 11:55:02 -0500
U.S. fast food chain Taco Bell plans to double its international footprint with Asian markets as the main driver for overseas growth as awareness about Mexican cuisine grows, a senior executive said on Wednesday.
Wed, 23 Jan 2019 11:51:56 -0500
Lawyers for Fiat Chrysler diesel owners have asked a U.S. judge to approve up to $106.5 million in legal fees and out-of-pocket costs for a settlement over excess vehicle emissions.
Wed, 23 Jan 2019 11:51:08 -0500
From centre-stage in Davos last year, President Donald Trump told the world's corporate bosses that America is a great place to invest. It hasn't quite turned out that way.
Wed, 23 Jan 2019 11:49:58 -0500
U.S. Army pilot Shaun Perez spent ten hours flying an Apache helicopter over Afghanistan, providing gun cover for Special Forces soldiers on the ground as they hunted for high-value targets, guns and weapons.
Wed, 23 Jan 2019 11:38:14 -0500
Germany's top carmakers including BMW and Volkswagen are looking at ways to speed up development of the next generation of self-driving cars, possibly by even working together, as tech giant Google forges ahead with plans to mass produce such vehicles.
Wed, 23 Jan 2019 11:30:22 -0500
German utility EnBW could seek more partners in its planned push into the burgeoning U.S. offshore wind sector, its chief executive said.
Wed, 23 Jan 2019 11:28:09 -0500
United Technologies Corp beat analysts' estimates for fourth-quarter profit on Wednesday, boosted by a more than 20 percent sales surge at its aerospace businesses, sending the industrial conglomerate's shares higher.
Wed, 23 Jan 2019 11:06:26 -0500
Hedge fund manager David Einhorn, whose Greenlight Capital suffered its worst year ever in 2018, told investors on Wednesday he had made some changes to the fund's main portfolio, including selling Bayer , Mylan and Perrigo last year.
Wed, 23 Jan 2019 10:58:26 -0500
The last of three former senior directors of Tesco accused of fraud at Britain's biggest retailer in 2014 has been formally acquitted, leaving the Serious Fraud Office without a conviction for the accounting scandal.
Wed, 23 Jan 2019 10:49:21 -0500
Deutsche Bank said on Wednesday it had received requests for information from regulators and law enforcement agencies around the world that are investigating a money laundering scheme involving Danske Bank .