World stock markets jumped on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury yield fell below 2% as investors digested a signal from the Federal Reserve of potential U.S. interest rate cuts as soon as its next meeting.
Chevron Phillips Chemical Company LP, a joint venture between Chevron Corp and Phillips 66, has offered to acquire Nova Chemicals Corp for more than $15 billion including debt, people familiar with the matter said on Thursday.
Deutsche Bank AG executives expect U.S. regulators to continue to impose restrictions on its Wall Street investment bank even if it passes an annual health check, three sources familiar with the matter said.
The S&P 500 index touched a record high on Thursday, driven Wall Street’s expectations that the Federal Reserve will cut interest rates as soon as next month to keep the U.S.-China trade war from stalling economic growth.
Kroger Co has room to improve on sales and is looking to its Deluxe Unicorn Swirl ice cream and other store-brand products to boost growth, Chief Executive Rodney McMullen said on Thursday.
Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at more than $25 billion.
A rally on Wall Street lost strength on Thursday after the S&P 500 index touched a record high, powered by the Federal Reserve’s signals that it could cut interest rates as early as July to combat growing risks to global and domestic growth.
World stock markets gained on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury yield fell below 2% as investors digested a signal from the Federal Reserve of potential U.S. interest rate cuts as soon as its next meeting.
Apple Inc said on Thursday it would recall a limited number of 15-inch MacBook Pro units as their batteries are susceptible to overheating and pose a “fire safety risk”.
Apple Inc, Keurig Dr Pepper Inc and Dollar Tree Inc have joined other companies in their opposition to a Trump administration plan for more U.S. tariffs on Chinese goods, including iPhones, Macs, and single-serve coffee brewers.
Airbus called on Thursday for a chance to compete for a blockbuster plane order by British Airways owner IAG, which stunned industry executives at this week’s Paris Airshow by ordering 200 of Boeing’s grounded 737 MAX.
Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, debuted in public trading at a price of $38.50 each, valuing the company at more than $23 billion, well above the $16 billion reference point set by the New York Stock Exchange.
Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, went public via a direct listing on June 20, instead of the more popular initial public offering route.
U.S. President Donald Trump and Chinese President Xi Jinping agreed this week to meet at the G20 summit in Japan in late June to discuss how to end a nearly year-long trade war.
Domino’s Pizza Group Plc is looking to replace Chief Executive Officer David Wild with the head of its European business, Sky News reported on Thursday, sending its shares as much as 12% higher.
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