The European Central Bank decided on Thursday to end its lavish asset purchase scheme but otherwise kept policy broadly unchanged, promising protracted stimulus for an economy struggling with an unexpected slowdown and political turmoil.
The European Central Bank maintained on Thursday its long-standing assessment that risks to growth remain “broadly balanced”, but acknowledged that downside elements were becoming more prominent.
Nissan sued ousted chairman Carlos Ghosn’s sister on Tuesday in a Rio de Janeiro court for “unjust enrichment,” according to a judicial record seen by Reuters.
China on Wednesday made its first major purchases of U.S. soybeans since President Donald Trump and his Chinese counterpart Xi Jinping struck a trade war truce earlier this month, providing some relief to U.S. farmers who have struggled to find buyers for their record-large harvest.
General Electric Co on Thursday said its digital unit would sell a majority stake in ServiceMax, a cloud-based provider of software used in inventory and workforce management, to technology-focused private equity firm Silver Lake.
U.S. carrier Delta Air Lines Inc on Thursday forecast a $300 million drop in fuel expenses for 2019 and said it expects robust air travel demand to boost profit for the year.
Qualcomm Inc is asking courts in China to ban sales of Apple Inc’s latest iPhone models XS and XR after winning a preliminary injunction against older models, the Financial Times reported on Thursday.
The European Central Bank decided on Thursday to end its lavish asset purchase scheme but otherwise kept policy broadly unchanged, promising protracted stimulus for an economy struggling with an unexpected slowdown and political turmoil.
The European Central Bank decided on Thursday to formally end its 2.6 trillion euro ($2.95 trillion) bond purchase scheme but said it would keep reinvesting cash from maturing bonds for a long time after its first interest rate hike.
A British government letter to Nissan two years ago offering reassurances about Brexit, which helped secure a major investment from the Japanese carmaker, is still considered too sensitive to release, a Reuters freedom of information request revealed.
U.S. carrier Delta Air Lines Inc on Thursday forecast 2019 profit to be in the range of between $6 per share and $7 share.
Fiat Chrysler (FCA) could review its 5 billion euro ($5.7 billion) Italian investment plan, which includes a shift to cleaner engines, if Rome raises taxes on petrol and diesel cars.
The oil price fell below $60 a barrel on Thursday, under pressure from high global inventories and a smaller-than-expected drawdown in U.S. crude stockpiles.
Apple Inc said on Thursday it would spend $1 billion to build a second campus in Austin, Texas that will house as many as 15,000 workers, amid a broader push by many U.S. companies to create more jobs at home.
China, the world’s biggest car market, expects to sell 28 million vehicles in 2019, roughly level with 2018, its Association of Automobile Manufacturers said on Thursday.
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