No. 1 U.S. carrier American Airlines posted on Thursday quarterly profit and 2019 guidance that beat Wall Street estimates thanks to higher fares and healthy passenger demand, sending its shares up nearly 6 percent.
The Dow and S&P futures turned negative on Thursday after U.S. Commerce Secretary Wilbur Ross said the United States and China were “miles and miles” from resolving their trade dispute.
The European Central Bank is all but certain to keep policy unchanged on Thursday but may acknowledge a sharp slowdown in economic growth, raising the prospect of any further policy normalisation being delayed.
The European Central Bank left its policy stance unchanged as expected on Thursday, keeping a rate hike later this year on the table even as the euro zone economy suffers its biggest slowdown in half a decade.
U.S. railroad operator Union Pacific Corp on Thursday reported a better-than-expected quarterly profit, as higher demand for industrial shipments and cost controls bolstered results.
The euro retreated while stocks and bonds rallied on Thursday, as painful data from France and only modestly better readings from Germany set the tone for the European Central Bank’s first meeting of the year.
Renault appointed Michelin boss Jean-Dominique Senard as its new chairman on Thursday, after Carlos Ghosn was forced to resign in the wake of a financial scandal that has rocked the French carmaker and its alliance with Japan’s Nissan .
U.S. railroad operator Union Pacific Corp on Thursday reported a 6 percent rise in quarterly revenue, helped by higher industrial shipments.
American Airlines reported better-than-expected quarterly profit on Thursday and forecast 2019 earnings above Wall Street estimates as the No.1 U.S. airline benefits from higher fares and healthy passenger demand, sending its shares up nearly 6 percent.
Jean-Dominique Senard, the new chairman of French carmaker Renault , said he would focus on talks to cement Renault’s alliance partnership with Japanese peers Nissan and Mitsubishi .
French carmaker Renault on Thursday confirmed the appointment of Michelin’s Jean-Dominique Senard as its new chairman and Thierry Bollore as new chief executive.
The European Central Bank left its policy stance unchanged as expected on Thursday, keeping a rate hike later this year on the table even as the euro zone economy suffers its biggest slowdown in half a decade.
Following is the statement from the European Central Bank following its policy meeting.
American Airlines Group Inc on Thursday reported an 8.3 percent rise in quarterly profit, helped by higher fares.
The head of Bayer’s Crop Science unit, which combines Bayer’s legacy pesticides unit with the acquired Monsanto business, sees no merit in splitting up parent company Bayer, he told the Financial Times.
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