Business & Finance News
The European Union’s detente on tariffs with the United States has not put to rest “profound disagreements” on trade policy, the European commissioner in charge of trade said on Thursday.
Campbell Soup Co said on Thursday it plans to sell its international and fresh refrigerated-foods units and left open the possibility of putting the whole company up for sale, following a months-long review and pressure from hedge fund investors.
Apparel retailer Abercrombie & Fitch Co missed quarterly same-store sales estimates on Thursday, hurt by lower-than-expected sales at its namesake line of teenage apparel and Hollister brand of surfwear.
Discount store operator Dollar Tree Inc reported quarterly same-store sales on Thursday that fell short of estimates due to weak sales at its Family Dollar stores, sending its shares down 5 percent.
Dollar General Corp’s quarterly same-store sales topped analysts’ estimates on Thursday as customers spent more on apparel and daily-use items at its stores.
ZTE Corp reported a first-half net loss of 7.8 billion yuan ($1.1 billion) on Thursday, weighed down by a ban on U.S. firms selling parts to the Chinese telecom equipment maker that forced it to cease operations for three months.
Marie-Pier Vincent, a fourth-generation Quebec dairy farmer, worries it will be even harder to make ends meet if Canada allows more tariff-free imports of milk products from the United States under a reworked North American Free Trade Agreement.
United Airlines on Thursday will announce three new daily routes to Europe as the third largest U.S. carrier eyes higher-paying business travelers on transatlantic flights.
Talks between Canada and the United States are intensifying as the two countries push to hammer out a deal on a revamped North American Free Trade Agreement by a Friday deadline, with both sides upbeat about the progress made so far.
Campbell Soup Co said on Thursday it would sell its international businesses and fresh refrigerated-foods unit, following a months-long strategic review and pressure from hedge fund investors to sell the whole company.
Campbell Soup Co said on Thursday it would sell its international businesses and Fresh refrigerated-foods unit, following a months-long strategic review and pressure from hedge fund investors to sell the whole company.
Campbell Soup Co has decided to sell its international businesses and Fresh refrigerated-foods unit, the Wall Street Journal reported on Thursday, following a months-long strategic review and pressure from hedge fund investors to sell the whole company.
Nestle has finalised plans for reorganizing its Swiss information technology (IT) setup, the food and beverage giant said on Thursday, reducing the number of tech worker jobs it will cut at its home base.
Stock market gains came to a grinding halt on Thursday, held back by concern that China will be left behind as the United States reaches trade agreements with other North American countries and Europe.
U.S. authorities are following an investigation into Danske Bank over allegations that Denmark’s biggest lender had been involved in money laundering through its Estonian branch.
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