Faster than expected growth in its cloud business has pressured margins at German business software company SAP , but for Chief Financial Officer Luka Mucic that’s a good problem to have.
McLaren have signed a partnership with Coca-Cola until the end of the season that will see the soft drinks company’s brand appear on a Formula One car for the first time, the team announced on Thursday.
Philip Morris International , maker of Marlboro cigarettes, maintained its full-year guidance on Thursday after higher pricing helped it to report better than expected quarterly sales and profit.
U.S. Senator Elizabeth Warren said on Thursday the Federal Reserve should not allow Wells Fargo & Co to grow in size until the bank replaces Chief Executive Officer Tim Sloan.
Ryanair will press ahead with plans to move Polish staff on to self-employed contracts, Ryanair’s Chief Marketing Officer Kenny Jacobs said in an interview with Reuters.
Activist investor Daniel Loeb turned up the heat on Campbell Soup Co on Thursday with a video aimed at persuading retail investors to vote with his hedge fund Third Point LLC to replace the food company’s entire board of directors.
U.S. stocks fell on Thursday as weak earnings reports from industrials raised worries over rising expenses and the impact of tariffs, adding to concerns of higher borrowing costs after hawkish commentary in the Federal Reserve’s minutes.
Starbucks Corp said on Thursday it would give its longtime partner Mexico’s Alsea SAB the rights to operate its cafes in France, the Netherlands, Belgium and Luxembourg as the coffee chain looks to trim costs and battle competition.
U.S. stocks opened lower on Thursday as some industrials reported disappointing results, while the Federal Reserve’s minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week’s sharp selloff.
U.S. stock futures fell on Thursday, as some industrials reported disappointing results, while the Federal Reserve’s minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week’s brutal selloff.
Starbucks Corp said on Thursday it would license out its operations in France, Netherlands, Belgium and Luxembourg to long-standing partner Mexico’s Alsea SAB .
Primark, the fashion chain owned by Associated British Foods , has emphasized its commitment to environmental standards and safer working conditions as it fights for market share in discount-loving Germany and other countries.
Nestle and Unilever , two of the world’s biggest consumer goods makers, both reported a pick-up in quarterly sales on Thursday after getting higher prices for their products.
Blackstone Group LP , the world’s largest manager of alternative assets, modestly exceeded analyst expectations with an 11 percent jump in third-quarter earnings on Thursday, as climbing equity markets buoyed its holdings.
Philip Morris International , maker of Marlboro cigarettes among others, reported higher than expected quarterly sales and profit on Thursday, helped by its IQOS tobacco-heating device.
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