News

Wed, 18 Jul 2018 06:56:38 -0400
Novartis expects to hit the top of its 2018 sales guidance after a strong second quarter, the CEO said, despite joining Pfizer in freezing its U.S. drug prices for the rest of the year following pressure from President Donald Trump.
Wed, 18 Jul 2018 06:55:28 -0400
European planemaker Airbus said on Wednesday that supplier Pratt & Whitney was catching up on engine delays and there would be an improvement especially in the second half of the year.
Wed, 18 Jul 2018 06:55:03 -0400
Vietnamese budget airline VietJet Air and Boeing Co said on Wednesday they had reached a provisional agreement for 100 Boeing 737 MAX airplanes.
Wed, 18 Jul 2018 06:09:29 -0400
The European Commission will fine Google a record 4.3 billion euros ($5 billion) on Wednesday over its Android mobile operating system, a source close to the matter told Reuters.
Wed, 18 Jul 2018 05:59:49 -0400
The world's major stock markets were mostly firmer on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted bond yields and sent safe-haven gold to a one-year trough.
Wed, 18 Jul 2018 05:21:25 -0400
German Labor Minister Hubertus Heil said he was increasingly concerned about the situation at submarines-to-elevators conglomerate ThyssenKrupp after it lost its top officials under pressure from shareholders to restructure.
Wed, 18 Jul 2018 04:58:07 -0400
A U.S. appeals court gave investors in Toshiba Corp's U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal.
Wed, 18 Jul 2018 04:53:35 -0400
EasyJet has the flexibility to convert more of an order for Airbus A320 planes into larger A321neos, the chief executive of the British low-cost airline said on Wednesday.
Wed, 18 Jul 2018 04:34:29 -0400
The U.S.-driven trade war has become the biggest "confidence killer" for the global economy, China's foreign ministry warned on Wednesday, saying the whole world would fight back if the United States continued to be "wilful".
Wed, 18 Jul 2018 04:17:38 -0400
Texas Instruments Inc said on Tuesday that Brian Crutcher had resigned as the company's chief executive officer just six weeks into the role, after finding following a report that he had violated the chipmaker's code on personal behavior.
Wed, 18 Jul 2018 04:06:54 -0400
EU antitrust chief Margrethe Vestager will brief Google CEO Sundar Pichai by telephone later on Tuesday on her ruling on the company's Android mobile operating system, a person familiar with the matter said.
Wed, 18 Jul 2018 02:36:43 -0400
China's aviation regulator will reduce Air China's Boeing 737 flights by 10 percent and cancel licenses of the pilot and co-pilot involved in an emergency descent last week, in a move analysts say could push the airline to cut some routes.
Wed, 18 Jul 2018 02:25:13 -0400
Boeing Co has received a $3.9 billion contract to build two 747-8 aircraft for use as Air Force One by the U.S. president, due to be delivered by December 2024 and painted red, white and blue, officials said on Tuesday.
Wed, 18 Jul 2018 00:39:27 -0400
Uber Technologies Inc said on Tuesday that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country's importance to the ride-hailing firm as it faces new competition.
Tue, 17 Jul 2018 21:14:57 -0400
A Toronto-based start-up has secured $10 million in funding from venture capitalists to expand its operations in the temporary tattoo business, the company's chief executive officer said on Tuesday.
Tue, 17 Jul 2018 20:54:39 -0400
Berkshire Hathaway Inc on Tuesday eliminated a restriction on its ability to buy back its own stock, a change that could help billionaire Chairman Warren Buffett deploy more of the conglomerate's cash.
Tue, 17 Jul 2018 19:48:07 -0400
Publisher Fairfax Media said on Wednesday it had agreed with rival News Corp's Australian unit to collaborate on printing newspapers to curb costs.
Tue, 17 Jul 2018 19:00:19 -0400
CSX Corp on Tuesday posted quarterly profit that topped Wall Street's target, as the No. 3 U.S. railroad operator benefited from an ongoing cost-cutting drive and rising prices for carrying freight.
Tue, 17 Jul 2018 18:45:51 -0400
Before the U.S.-China trade war, American pig processors exported nine out of every 10 pigs' feet and heads they shipped overseas to China and Hong Kong - for prices higher than they would fetch anywhere else.
Tue, 17 Jul 2018 18:22:54 -0400
Shares of Netflix Inc headed for their worst day in two years on Tuesday, falling as much as 14 percent after reporting a surprise shortfall in new subscribers in a quarter marked by the lack of a blockbuster new show and World Cup soccer.