At the same time, rival PepsiCo is preparing for the launch of its own coffee-cola beverage that has double the caffeine punch as regular soda. Coca-Cola sells the product in some international markets and is yet to make a U.S. entry. Coca-Cola’s shares were up about 2% in trading before the bell. …read more […]
NBCUniversal was fined 14.3 million euros ($15.86 million) by the European Union on Thursday for illegally restricting sales of merchandise linked to films such as “Minions”, as the bloc cracks down on practices blocking cross-border online trade.
Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting.
The alliance between France’s Renault SA and Japan’s Nissan Motor Co remains strong, but its members share a sense of urgency, the alliance’s chairman said on Thursday.
The alliance between France’s Renault SA and Japan’s Nissan Motor Co remains strong, but its members share a sense of urgency, the alliance’s chairman, Jean-Dominique Senard, said on Thursday.
India’s Tata Motors Ltd on Thursday beat market expectation for quarterly profit, as sales for the maker of British luxury car brand Jaguar and Land Rover rose in China and it kept a tight lid on costs.
In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators and job creators, predicting they would be among those producing “tens of thousands of new American jobs” and investing “billions and billions of dollars.”
SoftBank’s second Vision Fund has led a new round of funding for Silicon Valley-based drug delivery firm Alto Pharmacy that valued it at over $1 billion, according to two people familiar with the development.
Top news and what to watch in the markets on Thursday, January 30, 2020. …read more […]
India’s Tata Motors Ltd reported a quarterly profit on Thursday, compared with a year-earlier loss, as the maker of British luxury car brands Jaguar and Land Rover kept a tight lid on costs.
Every investor on earth makes bad calls sometimes. But really big losses can really drag down an overall portfolio. So… …read more […]
Swiss drugmaker Roche is struggling to deliver diagnostic tests for the coronavirus to large Chinese cities after Communist Party rulers halted people from entering and leaving in a bid to halt the spreading outbreak. “Getting the goods to hospitals has been a real challenge,” Roche diagnostics boss Thomas Schinecker told reporters on Thursday. Chief Executive Severin Schwan said Roche was the first company to supply tests to diagnose the virus, thought to have originated in a food market in the city of Wuhan with about 11 million people, and has now seen thousands of cases and at least …read more […]
The boss of Jaguar Land Rover (JLR) will step down from his role at the end of his contract term in September as Britain’s biggest carmaker shows signs of improvement after a torrid 2019 of job cuts, deep losses and falling sales.
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the… …read more […]
Deutsche Bank plunged to a bigger than expected loss of 5.7 billion euros ($6.3 billion) last year, its fifth in a row, as the cost of its latest turnaround attempt hit earnings.
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