New York has overtaken London as the world’s most attractive financial center, a survey said on Wednesday, as Britain’s decision to leave the European Union prompts banks to shift jobs out of the city to preserve access to Europe’s single market.
There are no guarantees, of course, but these stocks appear to be reasonably good bets for doubling in the not-too-distant future. …read more […]
The embattled biotech Goliath notched a key victory on Tuesday. …read more […]
The VW brand needs higher profits and must become significantly more efficient to be able to finance its future, Volkswagen group Chief Executive Herbert Diess told the brand’s staff magazine.
Oil eased on Wednesday, having neared its highest level this year after a drop in U.S. crude inventories and the prospect of the loss of Iranian supply added to concerns over the delicate balance between consumption and production.
Fresh sparring between Washington and Beijing over trade kept world stocks close to three-week lows on Wednesday, while a slight dollar pullback gave little respite to emerging markets, with the Indian rupee plumbing new record lows.
Swedish retailer IKEA will open its first store in Ukraine next year because of the country’s improved business climate, a senior executive said on a visit to Kiev on Wednesday.
New York has overtaken London as the world’s most attractive financial center, a survey said on Wednesday, as Britain’s decision to leave the European Union prompts banks to shift jobs out of the city to preserve access to Europe’s single market.
The German consumer protection organization vzbv on Wednesday said it would file a class action lawsuit against Volkswagen on Nov. 1.
The chief executive of South Korea’s LG Display , Han Sang-beom, was determined to deliver a strong message when he appeared before 1,000 employees at the firm’s main manufacturing plant last spring.
German pilots’ union Vereinigung Cockpit (VC) threatened that it could call for further strikes at Irish low-cost carrier Ryanair if management does not make a better offer.
Apple Inc is expected to blast further past the $1,000 price barrier when it launches new iPhones on Wednesday, but Wall Street is most intrigued by how deep into its larger-than-ever lineup prices hikes may go.
Asian stocks slipped to 14-month lows on Wednesday with investor confidence chilled by the latest round of verbal threats in an intensifying U.S.-China trade conflict.
Chinese electric vehicle start-up NIO Inc priced its shares near the bottom of its targeted price range in its U.S. initial public offering, according to sources familiar with the matter, dragged down by investor concerns about the prospects of chief competitor Tesla Inc .
Pilots and cabin crew at Ryanair in Germany started a full-day walkout early on Wednesday to put pressure on management in labor talks with Europe’s biggest low-cost carrier.
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