Strong global demand for beef and animal feed fattened grain trader Cargill Inc’s profits in fiscal year 2018, which were also boosted by trade tensions and South American weather woes, the company said on Thursday.
The Iowa Department of Public Health (IDPH) on Thursday said it was investigating a rise in Cyclospora infections, likely due to the consumption of a salad served by McDonald’s Corp.
Brent crude strengthened late on Thursday, recouping some of its losses from the previous session, as market focus returned to concerns about spare capacity following a warning from the International Energy Agency (IEA).
The U.S. Justice Department said on Thursday it would appeal a federal judge’s approval of AT&T Inc’s $85.4 billion acquisition of Time Warner, raising the prospect barely a month after the deal closed that it could be undone.
U.S. stocks climbed on Thursday as top technology names hit record highs and industrials rebounded from losses driven by trade worries the day before.
Between an analyst downgrade and a slow month for women’s fashion, these three stocks lagged the market. …read more […]
Singapore sovereign wealth fund GIC has trimmed its exposure to developed market equities such as U.S. stocks over the past year on high valuations, and cautioned it expects lower long-term returns in an uncertain investment climate.
U.S. stocks closed higher on Thursday as industrials rebounded and technology names soared, while commodities recovered and the dollar held steady after concerns over an escalating U.S. trade war with China took a breather.
A decade on big U.S. banks are still running down and selling off crisis-era mortgages, a process executives point to as weighing on loan growth.
U.S. stocks climbed on Thursday as top technology names hit record highs and industrials rebounded, offsetting worries about a U.S.-China trade war.
Exxon Mobil said on Thursday it ended its association with the American Legislative Exchange Council, a conservative political group that several other prominent U.S. corporations have left in recent years.
Delta Air Lines reduced its 2018 EPS guidance on Thursday due to a spike in fuel costs, but the U.S. airline giant remains highly profitable. …read more […]
Stock markets around the world bounced back on Thursday, with U.S. gains led by merger activity and earnings optimism that offset concerns over an escalating U.S. trade battle with China.
Ryanair’s Irish pilots are planning to hold two more one-day strikes on July 20 and July 24, a spokesman for the IALPA/FORSA union told Reuters on Thursday.
Britain’s government is nearing a decision to buy four to six surveillance planes built by U.S. aerospace giant Boeing , sources familiar with the plans said on Thursday – a move that could stir a growing debate over UK and European defense jobs.
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