Business & Finance News
A gauge of world equities gave up early gains and turned negative on Thursday, continuing a pattern seen for the past several sessions, while the euro eased after the European Central Bank’s policy announcement.
Goldman Sachs Group Inc , JP Morgan Chase & Co , Citigroup Inc and Credit Suisse Group AG have invested $17.5 million in AccessFintech, a startup that sells technology to help financial firms better handle business errors, the companies said on Thursday.
New vehicle sales in the United States are expected to drop next year as higher interest rates and rising prices could prompt customers to hold off their car-buying plans, the National Automobile Dealers Association (NADA) said on Thursday.
New York Attorney General Barbara Underwood said on Thursday that she had filed a lawsuit against Target Corp , Walmart Inc and toy importer LaRose Industries over the sale of lead-contaminated children’s toys.
WPP said it had hired Laurent Ezekiel from its French rival Publicis to be its chief marketing and growth officer, tasked with helping new boss Mark Read steer the world’s biggest advertising group back to growth.
Instacart said on Thursday it will stop delivering groceries for Whole Foods next year, ending a partnership that has been under stress since Amazon.com Inc acquired the upmarket grocer last year.
President Donald Trump on Thursday said the decision of General Motors Co to shift much of its focus to electric vehicles will not succeed, and he asserted a new trade deal will make it harder for the company to move work to other countries.
Europe’s biggest utility Enel and Chinese electric vehicle giant BYD on Thursday marked the arrival of 100 electric buses in Chile and said they would work together on similar plans for three other Latin American nations.
China’s meager first purchase of U.S. soybeans since its trade war with the United States began in July disappointed farmers, grain traders and a U.S. government official hoping for larger sales to lift slumping prices and absorb a huge surplus across the U.S. farm belt, they said on Thursday.
President Donald Trump on Thursday said General Motors Co could face repercussions under the recent trade deal he has worked out with Mexico if it decides to add production outside of the United States, as he criticized the company for its recent announcement of planned layoffs.
U.S. stocks edged lower in volatile trading on Thursday, as a rally sparked by progress in U.S.-China trade talks faded, with investors preferring defensive sectors such as real estate and utilities.
Chipmaker 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 company confirmed on Thursday.
Standard Chartered Plc has laid off over 200 employees in India in its retail banking division, as more customers move to digital services, a person familiar with the matter told Reuters on Thursday.
The European Central Bank formally ended its 2.6 trillion euro crisis-fighting bond purchase scheme on Thursday but promised to keep feeding stimulus for years into an economy struggling with an unexpected slowdown and political turmoil.
YouTube took down more than 58 million videos and 224 million comments during the third quarter based on violations of its policies, the unit of Alphabet Inc’s Google said on Thursday in an effort to demonstrate progress in suppressing problem content.
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