Business & Finance News
India’s Eros Now said on Thursday it is tying up with Microsoft’s Azure cloud platform to host and stream its digital video offerings, in a boost to the U.S. software giant’s push to expand in the Indian market.
Renault and PSA Group face a potential stand-off with French workers worried that an industry drive to meet EU emissions targets will fuel demands for concessions in upcoming labor negotiations.
Burger King will stop handing out plastic toys in its children’s meals and said on Thursday it was launching an amnesty for customers to return any freebies in a bid to tackle the growing problem of plastic waste.
Gains in Microsoft shares pushed the benchmark S&P 500 within striking distance of its record high, a day after the Federal Reserve cut interest rates as expected but played down hopes of further monetary easing.
Earlier this week, Airbnb said that it took in more than $1 billion in revenue for the second quarter of 2019. Reuters had reported in June that Airbnb was considering a direct listing.
A British investment banker at the center of Germany’s biggest fraud trial told judges on Thursday he earned millions of euros from deals involving “astronomical” trades that prosecutors say were a means to make bogus tax reclaims.
Huawei [HWT.UL] directly challenged Apple’s new iPhone 11 with its new Mate 30 smartphone range on Thursday, highlighting its own apps brand while sidestepping the critical issue of access to Google services.
Ryanair’s Chief Executive Michael O’Leary narrowly secured approval from shareholders on Thursday for a bonus scheme that could earn him 100 million euros over five years as he revealed up to 700 pilots could lose their jobs.
U.S. stocks opened higher on Thursday, boosted by Microsoft Corp and energy stocks, a day after the Federal Reserve cut rates as expected but played down hopes of further monetary easing.
Any U.S. or Saudi military strike against Iran would bring “all-out war”, Tehran said on Thursday, keeping up a drumbeat of warnings to its adversaries after they accused the Islamic Republic of a strike on Saudi oil facilities.
The number of Americans filing applications for unemployment increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace.
France and Germany are agreed on a strategy to respond to a global economic slowdown at a time of international trade problems but differ over how fast to move, French Finance Minister Bruno Le Maire said on Thursday.
Huawei [HWT.UL] launched its Mate 30 smartphone range on Thursday in a challenge to Apple’s new iPhone 11, saying the Chinese firm’s new devices were more compact, their cameras superior and wraparound screens brighter.
World share markets and bond yields nudged modestly higher on Thursday as the U.S. Federal Reserve’s second interest rate cut of the year and promises of support from other top central banks kept global recession jitters at bay.
France and Germany are agreed on a joint strategy to respond to a global economic slowdown at a time of international trade tensions, French Finance Minister Bruno Le Maire said on Thursday.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
