Articles by admin

U.S. stocks rose for a second day on Thursday, led by technology stocks, as sentiment was boosted by signs of progress between the United States and China over their bitter trade dispute.

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Ford’s rejection of a rescue deal for the Blanquefort site in France represented a “betrayal” by the U.S. carmaker, said French finance minister Bruno Le Maire on Thursday.

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Apple Inc said on Thursday it would spend $1 billion to build a second campus in Austin, Texas that will house up to 15,000 workers as part of a broader push by several U.S. companies to create more jobs at home.

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U.S. stocks opened higher on Thursday, led by technology shares, as signs of progress between the United States and China on resolving their bitter trade dispute continued to boost sentiment.

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The European Central Bank officially ended on Thursday its lavish post-crisis asset purchase scheme but promised to keep feeding stimulus into an economy struggling with an unexpected slowdown and political turmoil.

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Nissan sued ousted chairman Carlos Ghosn’s sister on Tuesday in a Rio de Janeiro court for “unjust enrichment,” according to judicial records seen by Reuters.

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Ford will end production at its Blanquefort gearbox plant in southwestern France by late August next year after it turned down a Belgian firm’s offer to buy the factory, the U.S. carmaker said on Thursday.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

…read more […]