Business & Finance News
BERLIN (Reuters) – German carmakers will have to take responsibility for the fallout from their cheating in diesel cars’ emission tests, Transport Minister Andreas Scheuer said on Thursday.
(Reuters) – New applications for U.S. jobless benefits increased more than expected last week, but the number of Americans on unemployment rolls fell to its lowest level since 1973, pointing to diminishing labor market slack.
LONDON (Reuters) – For Christophe Weber, the boss of Japan’s Takeda Pharmaceutical , securing a $62 billion deal last week to buy drugmaker Shire at the fifth time of asking was the easy bit.
(Reuters) – After a career that included helping Alphabet Inc’s Google build out data centers and speeding packages for Amazon.com Inc to customers, Jim Miller is doing what many Silicon Valley executives do after stints at big companies: finding more time to ride his bike.
NEW YORK (Reuters) – Walmart Inc, the world’s biggest retailer, on Thursday posted a 33 percent rise in U.S. e-commerce sales, rebounding from the 23 percent growth witnessed in the previous quarter, sending its shares up in premarket trade.
(Reuters) – U.S. stock futures dipped on Thursday after Cisco’s disappointing forecast, while investors fretted about rising U.S. Treasury yields and looming trade talks between the United States and China.
BERLIN (Reuters) – Volkswagen will not display its core brand at the Paris motor show this year, the latest and most prominent carmaker to swerve the biennial industry gathering.
MILAN/LONDON (Reuters) – French tycoon Vincent Bollore’s stated goal to create a southern European media empire faces defeat in Italy, despite pumping 5 billion euros ($5.9 billion) into his biggest foreign conquest, raising questions over whether the strategy ever existed.
NEW YORK (Reuters) – Walmart Inc on Thursday reported a 33-percent rise in U.S. e-commerce sales during the first quarter, slower than during the same period a year ago but faster than the previous quarter’s 23-percent advance.
COPENHAGEN (Reuters) – Airbnb will automatically report homeowners’ income to Danish tax authorities in what will be the first such agreement globally for the short-term rental service.
LONDON (Reuters) – British game maker Bossa Studios will release Worlds Adrift on Thursday, an ambitious adventure game designed to appeal to the Minecraft generation that has taken three years and 50,000 gamers to create.
BERLIN – Peter Bostelmann, an industrial engineer at Europe’s technology giant SAP, discovered meditation during a personal crisis a decade ago.
TOKYO (Reuters) – China regulatory authorities have approved the $18 billion sale of Toshiba Corp’s chip unit to a consortium led by U.S. private equity firm Bain Capital, Japanese public broadcaster NHK reported on Thursday, without citing sources.
LONDON (Reuters) – The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to grind upwards as oil prices hit their highest since 2014 at almost $80 a barrel.
LONDON (Reuters) – The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras that owns stakes in two major Nigerian offshore oil blocks, industry and banking sources with knowledge of the matter said, after submitting bids earlier this month.
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