Business News

U.S. carrier Delta Air Lines Inc on Thursday forecast 2019 profit to be in the range of between $6 per share and $7 share.

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Fiat Chrysler (FCA) could review its 5 billion euro ($5.7 billion) Italian investment plan, which includes a shift to cleaner engines, if Rome raises taxes on petrol and diesel cars.

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The oil price fell below $60 a barrel on Thursday, under pressure from high global inventories and a smaller-than-expected drawdown in U.S. crude stockpiles.

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Apple Inc said on Thursday it would spend $1 billion to build a second campus in Austin, Texas that will house as many as 15,000 workers, amid a broader push by many U.S. companies to create more jobs at home.

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China, the world’s biggest car market, expects to sell 28 million vehicles in 2019, roughly level with 2018, its Association of Automobile Manufacturers said on Thursday.

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Japan Post Holdings Co , is planning to invest about $2.6 billion in Aflac Inc , aiming to become the largest shareholder in the U.S. insurer, a person familiar with the matter said.

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Germany’s highest court ruled on Thursday that a defunct limousine service offered by Uber [UBER.UL] was illegal, in a setback for the U.S. ride-hailing company that has struggled to comply with the law in Europe’s largest economy.

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Airbus has launched a strategic review to outline changes under incoming chief executive Guillaume Faury as it faces industrial challenges and prepares for overdue modernization, industry sources said.

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Czech carmaker Skoda Auto, part of the Volkswagen Group, delivered 1.149 million vehicles in the January-November period, a 5.1 percent rise from a year ago, it said on Thursday.

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Santa delivered his traditional end of year rally on Thursday as world stocks made a third day of gains and the pound and the euro both stayed strong after the latest bout of Brexit drama.

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Oil prices steadied on Thursday, under pressure from high inventories but buoyed by a drawdown in U.S. crude stockpiles and indications that the trade war between the United States and China may be easing.

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The global oil market could move into deficit sooner than expected, thanks to OPEC’s output agreement with Russia and others and to Canada’s decision to cut supply, the International Energy Agency said on Thursday.

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Oil prices steadied on Thursday, under pressure from high inventories but buoyed by a drawdown in U.S. crude stockpiles and indications that the trade war between the United States and China may be easing.

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Apple Inc said on Thursday it would invest $1 billion to build a new campus in North Austin, Texas.

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The European Central Bank is all but certain to formally end its lavish bond purchase scheme on Thursday but will take an increasingly dim view on growth, raising the odds that its next step in removing stimulus will be delayed.

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