U.S. business investment contracted more sharply than previously estimated in the second quarter and corporate profit growth was tepid, casting a shadow on an economy that is being stalked by financial market fears of a recession.
Thyssenkrupp will weed out some potential suitors for its elevator unit within the next two weeks, two people familiar with the matter said, as the closely-watched auction gathers pace regardless of the planned ousting of CEO Guido Kerkhoff.
U.S. stock index futures pared early gains on Thursday as investors assessed fresh developments related to an inquiry for the impeachment President Donald Trump.
Food giant Nestle launched its “Awesome” vegan burgers in the United States on Thursday, seeking to tap into the country’s growing craze for plant-based meat.
Samsung Electronics is to provide finance to potential smartphone buyers, a company executive said on Thursday, in a bid to boost smartphone sales in India where it faces fierce competition from rivals such as China’s Xiaomi.
The number of Americans filing applications for unemployment benefits rose moderately last week, pointing to sustained labor market strength.
Britain’s biggest carmaker, Jaguar Land Rover, will halt production at its British factories for a week in November, its boss said on Thursday, joining BMW and Toyota in plans to help mitigate any immediate disruption from a no-deal Brexit.
Sabine Lautenschlaeger, who said on Wednesday she would quit as a European Central Bank board member, told staff she regretted leaving her post early but thought this was the best course of action given her situation.
U.S. stock index futures edged higher on Thursday as positive comments from China on U.S. trade talks put a cap on this week’s politically driven selling.
Germany’s Condor, which is owned by British travel operator Thomas Cook, said on Thursday that a Frankfurt court had begun investor protection proceedings that should allow the airline to be restructured.
Ryanair is not interested in taking over any of the airlines of travel firm Thomas Cook , which has gone into liquidation, its chief executive said on Thursday.
A Scottish council has approved a 150 million pound ($185 million) plan by U.S. President Donald Trump’s family business to build 550 houses at his Golf resort north of Aberdeen, despite some local opposition.
U.S. energy major Chevron Corp has opted to continue negotiations with Thailand rather than seek arbitration to resolve a dispute over who should pay for removing offshore oil and gas platforms, the company told Reuters on Wednesday.
Huawei Technologies Co Ltd’s [HWT.UL] founder and CEO Ren Zhengfei said on Thursday the company is already producing 5G base stations that are free of U.S. components and plans to more than double production next year.
China, having let the yuan cross the once sacred red line of 7 per dollar, will allow its currency to fall further and may even risk U.S. anger by using it as a bargaining chip in already thorny trade talks, market participants believe.
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