Spain’s High Court on Thursday placed the former chairman of BBVA , Francisco Gonzalez, under investigation as part of a probe into an alleged spying case, a source with knowledge of the matter said.
U.S. stocks opened lower on Thursday as weak data from major economies and a dour forecast from Cisco rekindled worries of a global slowdown.
Asda, the British supermarket arm of the world’s biggest retailer Walmart , blamed lower sales in its latest quarter on Brexit uncertainty, saying it had negatively affected consumers’ spending patterns.
We think all investors should try to buy and hold high quality multi-year winners. And highest quality companies can… …read more […]
Wells Fargo & Co on Thursday said its general counsel Allen Parker, who was formerly interim chief executive officer, would step down in March 2020.
U.S. producer prices increased by the most in six months in October, lifted by gains in the costs of goods and services, further bolstering the Federal Reserve’s stance that it will probably not cut interest rates again in the near term.
Derek Dewan has been the CEO of GEE Group, Inc. (NYSEMKT:JOB) since 2015. This analysis aims first to contrast CEO… …read more […]
Technology company IBM said on Thursday it will launch a new weather forecasting system which will be able to predict conditions up to 12 hours in advance and cover parts of the world which have not had access to such detailed data. Demand for very precise and quicker weather forecasts has grown as more extreme conditions increase due to climate change and as more variable renewable energy goes to the grid. The system, known as IBM GRAF – the Global High-Resolution Atmospheric Forecasting System – will run on a supercomputer and provide more detailed and higher quality forecasts. …read more […]
Ferrari on Thursday rolled out the Roma, a record fifth new model announced this year, as the Italian luxury carmaker with the famous “prancing horse” logo looks to sustain profit and share price growth.
Ken Xie has been the CEO of Fortinet, Inc. (NASDAQ:FTNT) since 2000. This analysis aims first to contrast CEO… …read more […]
Asda, the British supermarket arm of U.S. retail giant Walmart , reported lower sales in its latest quarter, saying uncertainty surrounding Britain’s exit from the European Union had negatively affected spending patterns.
(Bloomberg) — Travis Kalanick sold 6.1 million shares of Uber Technologies Inc. just days after disposing of a fifth of his stake, bringing the total offloaded to $711 million this month.The 43-year-old entrepreneur sold $164 million of his holdings in the ride-hailing company this week, according to a regulatory filing Wednesday. Last week he disposed of stock worth about $547 million.The sale underlines Kalanick’s focus on other investments, including CloudKitchens, which he funded with $300 million. A $400 million injection from Saudi Arabia’s Public Investment Fund valued the food startup at $5 billion, the Wall Street Journal reported last week.His …read more […]
British luxury brand Burberry on Thursday said it has joined forces with China’s Tencent for a new digital marketing and sales push to tap the nation’s increasingly social media savvy shoppers in a critical luxury market.
According to a new report from CreditCards.com, red states are far better at managing their money than blue ones. …read more […]
Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. shale production in 2020 also provided some support.
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