U.S. stock index futures jumped on Thursday after the Federal Reserve indicated that it was ready to cut interest rates as soon as next month to counter growing risks to global and domestic growth.
Multicolored, sparkly ice cream is an unlikely battleground in U.S. grocery stores. But Kroger Co believes products like Kroger Best Unicorn Swirl ice cream will help it win market share from Walmart Inc, Aldi and Amazon.com Inc.
Slack Technologies, the fast-growing workplace messaging and communication platform, is poised for an unusual public listing on Thursday that will see it trade on the New York Stock Exchange and could value it at around $16 billion, according to a person familiar with the matter.
Airbus confirmed on Thursday that it had not been offered a chance to bid for a surprise aircraft order announced by British Airways owner IAG at the Paris Airshow, involving 200 of the grounded 737 MAX.
The U.S. Federal Bureau of Investigation is examining whether Deutsche Bank complied with laws meant to stop money laundering, a person with knowledge of the matter said on Thursday.
Oil jumped more than 3% to above $63 a barrel on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and Washington.
Top Chinese and U.S. officials will resume trade talks in accordance with the wishes of their leaders, but China hopes the United States will create the necessary conditions for dialogue, the Chinese commerce ministry said on Thursday.
World stock markets rose on Thursday after the U.S. Federal Reserve signaled it was likely to cut interest rates next month, and the dollar and benchmark bond yields fell to multi-year lows.
Boeing is in talks with other airlines for sales of its grounded 737 MAX after receiving a ‘humbling’ 200-plane letter of intent from British Airways owner IAG at the Paris Airshow, its sales chief said on Thursday.
GlaxoSmithKline has offered concessions to address EU antitrust concerns over its planned joint venture with Pfizer’s consumer health business, the European Commission said on Thursday.
Oil prices climbed around 3% on Thursday amid escalating tensions in the Middle East as a U.S. official said one of the country’s military drones was shot down by an Iranian missile.
U.S. federal authorities are investigating whether Deutsche Bank AG complied with laws meant to stop money laundering and other crimes, the New York Times reported on Wednesday.
Oil prices rose nearly 2% on Thursday on signs of improving demand in the United States, the world’s biggest crude consumer, and as OPEC and other producers finally agreed to a date for a meeting to discuss output cuts.
Mario Draghi’s dramatic Tuesday hints of further monetary easing by the European Central Bank has stabilized collapsing euro zone inflation expectations, but the departing ECB chief will struggle to calm market fears of Japan-style economic stagnation.
Asian stock markets rallied on Thursday while the dollar dropped and global bond yields plunged, with the 10-year U.S. yield falling below two percent, after the Federal Reserve signaled possible interest rate cuts later this year.
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