Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting that the country’s banks were healthy and strong.
With the CFO on his way out, now may be a good time for the company to change the way it raises capital. …read more […]
U.S. stocks opened higher on Thursday, helped by a string of robust earnings reports, a dip in the dollar and after China said it will hold trade talks with the United States later this month.
Air France-KLM was poised to appoint Benjamin Smith as its new chief executive on Thursday, after the French government backed the Air Canada second-in-command over union objections.
Shares of U.S. retail chain J.C. Penney Co Inc sank below $2 for the first time on Thursday after it forecast a wider-than-expected full-year loss and posted disappointing results on the back of price cuts across product lines.
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Walmart Inc on Thursday reported quarterly earnings and sales that topped estimates, as more shoppers visited its stores and a revamped website drove purchases online, sending its shares soaring more than 11 percent in premarket trade.
U.S. stock index futures rose on Thursday, helped by a string of robust earnings reports, a dip in the dollar and after China said it will hold trade talks with the United States later this month.
Bayer can begin folding Monsanto into its organization as the antitrust-related sale of assets has been completed, fulfilling final requirements by the U.S. Department of Justice, the German drugmaker said on Thursday.
Bruised world shares and emerging market currencies fought to regain their footing on Thursday, after China said it will hold trade talks with the United States later this month and Turkey’s lira continued its recovery run.
Walmart Inc on Thursday said its U.S. comparable sales grew the most in a decade and its e-commerce sales grew 40 percent, higher than 33 percent growth in the previous quarter, sending its shares up nearly 11 percent in premarket trade.
U.S. supermarket operator Kroger Co said it will start testing driverless grocery delivery on Thursday with technology partner Nuro at a single Fry’s Food Store in Scottsdale, Arizona.
Jack Dorsey doubled down on his criticism of Facebook and YouTube for removing Infowars host Alex Jones. In a new interview with NBC News, the Twitter CEO said his peers had been “inconsistent” in their handling of Jones. …read more […]
J.C. Penney Co Inc on Thursday reported sales at established stores below analysts’ estimates as the department store chain discounted heavily to clear inventory, sending its shares down 15 percent.
Walmart Inc on Thursday posted a 40 percent rise in U.S. e-commerce sales, higher than the 33 percent growth witnessed in the previous quarter, and its comparable sales grew the most in a decade, sending its shares up 9 percent in premarket trade.
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