The Russian arm of U.S. bank Citi said on Wednesday it planned to reduce the number of its offices in the country, but expected to do more business this year.
Johnson & Johnson is pursuing an acquisition of surgical robotics firm Auris Health Inc, Bloomberg reported on Wednesday, citing people with knowledge of the matter.
Procter & Gamble Co’s quarterly revenue and profit topped Wall Street estimates on Wednesday, driven by price increases and robust demand for fabric care products and premium skin care brands.
Industrial conglomerate United Technologies Corp reported a better-than-expected fourth-quarter profit on Wednesday and forecast 2019 earnings above estimates, boosted by acquisition of aero parts maker Rockwell Collins.
Top U.S. cable services provider Comcast Corp reported quarterly revenue and profit above analysts’ estimates on Wednesday, as it lost fewer video subscribers than expected and grew its broadcast television and theme parks businesses.
The rail divisions of Siemens and Alstom are world champions and are both able to compete in the market, the European Union’s Competition Commissioner Margrethe Vestager told Die Zeit newspaper, signaling scepticism over a planned merger of their rail businesses.
Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share in the medium term, one of the main Russian architects of a production pact with OPEC said.
U.S. power company PG&E Corp said http://bit.ly/2T5NcbG on Wednesday it expected capital expenses of about $6.6 billion in 2019 and $6.9 billion in 2020.
U.S. power company PG&E Corp said http://bit.ly/2T5NcbG on Wednesday it expected capital expenditure of about $6.6 billion in 2019 and $6.9 billion in 2020.
A corner of the market for initial public offerings (IPO) is evading the freeze on stock market flotations inflicted by the U.S. government shutdown, putting the spotlight on listings that usually stay under most investors’ radar.
Abu Dhabi’s Etihad Airways said on Wednesday it had commenced legal proceedings in London against the administrators of Air Berlin .
U.S. fast food chain Taco Bell plans to double its international footprint with Asian markets as the main driver for overseas growth as awareness about Mexican cuisine grows, a senior executive said on Wednesday.
Renewed concerns about a global economic slowdown continued to sap investor appetite for assets considered risky, dragging global stocks and bond yields lower on Wednesday, while the U.S. dollar held near three-week highs.
A former senior director of Tesco was formally acquitted on Wednesday of fraud and false accounting at Britain’s biggest retailer in 2014.
Deutsche Bank said on Wednesday it had received requests for information from regulators and law enforcement agencies around the world that are investigating a money laundering scheme involving Danske Bank .
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