Business & Finance News
Global shares were having their best day in nearly a month on Friday as European and Asian markets recovered from a brutal selloff that still left them set for their worst week since February.
ArcelorMittal, the world’s largest steel producer, has struck a deal to sell its steelmaking facilities in the Czech Republic, Romania, Macedonia and Italy to Liberty House, it said on Friday.
Intel has reduced its stake in supplier ASML Holding to just below 3 percent, according to an update from the registry of the Netherlands’ Authority for Financial Markets (AFM) on Friday.
Asian shares staged a rebound on Friday to set course for their first gains in two weeks, with Shanghai managing a modest recovery from a rout that saw its shares crumble to near 4 year lows.
Electric carmaker Tesla Inc said http://bit.ly/2NCbs1r all orders for its vehicles placed by Oct. 15 are eligible for full federal tax credit of $7,500 and such customers will get their cars delivered by the end of the year.
Canada’s Air Transat could expand a partnership deal with the airline arm of British tourism group Thomas Cook to include codesharing and interlining, the boss of the Canadian carrier said.
The German government is considering tougher sanctions against companies that foster criminal behavior in the wake of Volkswagen’s diesel emissions scandal, the country’s justice minister said.
Sandy Hetrick drove 15 miles from her home to a Sears in Media, Pennsylvania on Wednesday to buy folding chairs and clothes.
Stroll the aisles of any Oxxo in Mexico and you will find the staples of convenience store sustenance: beer, cigarettes, enough candy to keep dentists at full employment.
Tencent Music Entertainment has delayed its planned U.S. initial public offering (IPO) until at least November as the owner of China’s most popular music apps prefers to wait for global stock markets to stabilize, three sources said.
Asian shares found a slightly firmer footing on Friday to set course for their first gains in two weeks, but the rout continued in Shanghai where shares hit lows last seen in 2014.
Oil prices rose on Friday slightly reversing two days of declines in the previous sessions driven by sharp falls in equity markets and indications that supply concerns have been overblown, but were still on track for a weekly fall.
Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday.
Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday.
Oil prices steadied on Friday after a market rout driven by sharp falls in equity markets and indications that supply concerns have been overblown, but were still on track for a fall or more than 4 percent for the week.
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