Business & Finance News
Financial data has been stolen from potentially hundreds of thousands of British Airways customers who made online bookings in recent weeks, extending a run of embarrassing technological mishaps suffered by the UK flag carrier.
The S&P 500 and Nasdaq declined on Thursday as the possibility of more U.S. tariffs on Chinese imports loomed and as tech stocks stumbled on warnings from chipmakers and concerns about increased regulation of social media companies.
Ford Motor Co said on Thursday it would recall 2 million F-150 pickup trucks in North America because of a seat belt problem that could generate excessive sparks and cause fires.
The parent company of gunmaker Smith & Wesson on Thursday defended its directors and its contribution disclosures ahead of a proxy vote that will test how far leading fund firms will press their concerns about firearms safety.
The S&P 500 and Nasdaq declined on Thursday as tech stocks stumbled on warnings from chipmakers regarding sales and pricing, as well as on continuing concerns about increased regulation of social media companies.
Talks between the United States and Canada on the North American Free Trade Agreement have taken place in a good atmosphere, Canadian Foreign Minister Chrystia Freeland said on Thursday, the second straight day of talks this week to save the pact.
MSCI’s global stock index fell for a fifth straight day on Thursday and emerging market stocks were in their sixth day of declines as investors braced for an escalation in the trade war between the United States and China.
Nissan Motor Co will produce and sell only premium vehicles in India, while using its sister brand Datsun to crack the mass budget car market, in a revamp of its strategy in the country, a company executive said on Thursday.
The prominent short-seller Andrew Left has sued Tesla Inc and its Chief Executive Elon Musk, saying Musk fraudulently engineered his since-abandoned plan to take Tesla private to “burn” investors hoping the electric car company’s stock price would fall.
New Novartis Chief Executive Vas Narasimhan has further reshaped the Swiss drugmaker, announcing on Thursday he is selling U.S. dermatology and generic pill assets to India’s Aurobindo Pharma Ltd for up to $1 billion.
Britain’s top markets regulator, backed by the United States, urged the European Union to soften its stance and grant broad access to UK banks after Brexit to avoid hitting investors and harming markets.
U.S. and Canadian negotiators started a second day of talks aimed at rescuing the North American Free Trade Agreement on Thursday as the deadline for a deal this week, set out by President Donald Trump, inched ever closer.
Hotels in Barcelona, the capital of the Spanish region of Catalonia, saw revenue fall 14 percent this summer, a trade association said on Thursday, saying the city had developed a negative reputation internationally.
Canada’s Foreign Minister Chrystia Freeland reiterated that talks to save the North American Free Trade Agreement with the United States had been “positive and constructive,” repeating a phrase she used on Wednesday.
Italian consumer group Codacons has filed a complaint with the national competition watchdog accusing Starbucks of overcharging customers at its first cafeteria in the country.
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