Year: 2018

Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in VMWare to $120 per share from its previous offer of $109.

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Walmart Inc on Thursday reported a 3.4 percent rise in sales at U.S. stores open at least a year as more U.S. shoppers purchased goods at its stores and on its website, driven by a strong economy.

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Luxury brands will increasingly have to court Chinese shoppers on their home turf, as local purchases soar among a clientele who are forecast to generate nearly half the industry’s sales by 2025, a study showed on Thursday.

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Austria’s AMS , which makes facial recognition technology, became the latest Apple supplier to cut its revenue forecast, adding to growing evidence that the latest iPhones are not selling well.

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Cable operator Liberty Global is investing to strengthen its Swiss UPC video offering so it could stand alone if a strategic partner isn’t found, CFO Charlie Bracken said on Thursday.

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Ford Motor Co Chief Executive Jim Hackett told Reuters the automaker is open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG is a “delicate dance.”

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Switzerland’s competition watchdog has raided the offices of financial companies, including Credit Suisse and UBS , to investigate a suspected boycott of mobile payment solutions such as Apple Pay and Samsung Pay .

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The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain’s Brexit deal with the European Union was plunged into uncertainty, spooking investors across currency markets.

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The British currency plunged on Thursday and is set for its second biggest drop this year as opposition mounted at Prime Minister Theresa May’s draft deal for leaving the European Union with a series of resignations.

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Sterling tumbled and the rest of Europe’s share markets groaned on Thursday, after a long-awaited Brexit agreement was thrown into chaos as Britain’s chief negotiator for the deal quit just 12 hours after it had been unveiled.

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The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain’s Brexit deal with the European Union was plunged into uncertainty, spooking investors.

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The euro strengthened on Thursday as investors cautiously welcomed Britain’s draft Brexit deal with the European Union and concerns about the Italian budget stand-off eased.

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Switzerland’s competition watchdog WEKO said it had searched offices of Swiss financial companies including Credit Suisse and UBS as it probes a suspected boycott of mobile payment solutions such as Apple Pay and Samsung Pay.

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The dollar weakened on Thursday against the pound and euro, which rose after Britain’s prime minister won cabinet approval for her draft Brexit plan, but gains were capped by concerns over whether that plan will win parliamentary approval.

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American Airlines Group Inc said on Wednesday it was “unaware” of some functions of an anti-stall system on Boeing Co’s 737 MAX until last week.

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