Business & Finance News
Media company Viacom Inc beat quarterly profit estimates on Friday, as costs fell and its Paramount Pictures division gained from the success of its movies “Bumblebee” and “What Men Want”.
U.S. Agriculture Secretary Sonny Perdue said on Friday President Donald Trump had asked him to create a plan to support American farmers amid a trade dispute with China that has hit the U.S. agricultural sector hard.
Preventing injuries from running shoes is a science for Jim Weber, the chief executive of Brooks Running, a unit of Warren Buffett’s Berkshire Hathaway Inc.
PepsiCo Inc has formally withdrawn lawsuits against Indian farmers that the snack food and drinks maker had accused of infringing its patent by cultivating a potato variety, the company and the growers said on Friday.
U.S. President Donald Trump on Friday said he was in no hurry to sign a trade deal with China as Washington imposed a new set of tariffs on Chinese goods and negotiators entered a second day of last-ditch talks to try to salvage an agreement.
U.S. Agriculture Secretary Sonny Perdue said on Friday that President Donald Trump had asked him to create a plan to support American farmers amid a trade dispute with China that has hit the U.S. agricultural sector hard.
U.S. President Donald Trump said on Friday he was in “absolutely no rush” to finalize a trade agreement with China as negotiators from both countries prepared to continue talks in Washington, in a sign that discussions could go past this week.
Amazon said on Friday it was in talks with employees in Poland after unions threatened strike action, seeking higher pay in distribution centers.
U.S. investment firm Fidelity Management & Research, one of the biggest investors in Britain’s Metro Bank, has cut its stake in the lender by almost a third.
Wirecard sees the total five-year profit potential from its alliance with Softbank Group Corp at between 209 million euros and 273 million euros ($235-$307 million), the German payments company said on Friday.
Etihad Airways is interested in re-investing in embattled Indian carrier Jet Airways for a minority stake, subject to certain conditions, a spokesman for the Middle Eastern carrier said on Friday.
Thyssenkrupp said it would embark on a fresh restructuring and list elevators, its most successful business, on Friday as regulatory opposition scuppered plans to hive off its steel division, unravelling a wider revamp.
Activist investor Cevian Capital on Friday said Thyssenkrupp urgently needed a fundamentally new direction after the company announced abandoning plans to hive off its steel business and split up the rest of the conglomerate.
Ride services giant Uber Technologies Inc is set to make its long-awaited stock market debut on Friday, after its initial public offering was priced at the lower end of its expected range.
Danske Bank hired former ABN AMRO banker Chris Vogelzang as its new chief executive on Friday as it wrestles to limit the fallout from its involvement in one of the biggest money laundering scandals.
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