Business & Finance News
Oil prices fell more than 4 percent on Thursday, hitting their lowest in more than a year on worries about oversupply and the outlook for energy demand as a U.S. interest rate rise knocked stock markets.
U.S. stocks fell at open on Thursday, extending losses from the previous session after the Federal Reserve’s forecast of fewer interest rate increases in 2019 fell short of investors’ hopes of a more dovish monetary policy.
U.S. stock futures gave up slim early gains to trade lower on Thursday, a day after the Federal Reserve’s forecast of fewer interest rate increases in 2019 fell short of investors’ hopes of a more dovish monetary policy.
A German court ruled on Thursday that iPhone maker Apple Inc infringed a hardware patent of Qualcomm Inc and said the U.S. company could no longer sell some iPhone models in Germany which contain a particular component.
Spooked by another worldwide stocks selloff, global investors have piled up cash to a more than two-year high this month, hoovered up bonds and cut back property holdings.
WASHINGTON (Reuters – The number of Americans filing applications for jobless benefits rose marginally from near a 49-year low last week, suggesting underlying strength in the labor market and broader economy.
A Tokyo court upheld a decision not to extend the detention of former Nissan Motor Chairman Carlos Ghosn and former Representative Director Greg Kelly, public broadcaster NHK said on Thursday, a move that brings them closer to a release on bail.
A Brazilian judged on Thursday issued his second injunction blocking the proposed sale of 80 percent of planemaker Embraer’s commercial aviation division to Boeing Co .
Uber Technologies Inc [UBER.UL] on Thursday is resuming limited self-driving car testing on public roads in Pittsburgh, nine months after it suspended the program following a deadly accident in Arizona.
World equity markets slipped on Thursday after the U.S. Federal Reserve dashed investor hopes of a more dovish policy outlook, worsening worries of a recession as signs grow that global economic growth is stuttering.
A Brazilian judged on Thursday issued a new injunction blocking the proposed sale of 80 percent of planemaker Embraer’s commercial aviation division to Boeing Co .
U.S. stock futures edged higher on Thursday, following a sharp pullback in the prior session after the Federal Reserve stuck to its plan to keep withdrawing monetary support from an economy it views as strong, dampening hopes for a more dovish outlook.
Marlboro cigarette maker Altria Group Inc on Thursday announced it would pay $12.8 billion to take a 35 percent stake in Juul Labs Inc, a marriage between an old-line tobacco giant and a fast-growing electronic-cigarette rival looking to make inroads among smokers.
Brazilian investors’ association Abradin has filed a motion with a São Paulo court questioning the legality of a tie-up between U.S. planemaker Boeing Co and Embraer SA .
Shares in Europe’s Airbus fell on Thursday after Le Monde newspaper reported the United States had opened an investigation into allegations of corruption, raising the stakes of probes already under way in Britain and France.
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