August 1, 2019

Bombardier posts loss, cuts profit forecast on rail division woes

Canada’s Bombardier Inc on Thursday reported a larger quarterly loss than analysts had expected, and lowered its full-year earnings forecast, as the company wrestled with challenges […]
August 1, 2019

Coffee baron’s death fuels India Inc anger over government crackdown on wrongdoing

The apparent suicide of India’s coffee baron V.G. Siddhartha, under investigation by tax authorities, has inflamed anger toward the government among business leaders who feel it […]
August 1, 2019

BMW second-quarter hit by rising costs of manufacturing, emissions

BMW stuck to its outlook even as second quarter earnings fell 48%, hit by the rising cost of manufacturing, currency headwinds and emissions limits. Powered by […]
August 1, 2019

Chinese billionaire indicted in U.S. for alleged $1.8 billion aluminum tariff evasion

A Chinese billionaire has been indicted by a grand jury on charges he schemed with the aluminum company he founded to evade $1.8 billion of tariffs […]
August 1, 2019

Manufacturing pain spreads through Asia, more stimulus seen ahead

Asian factory activity contracted further in July, fuelling worries that a Sino-U.S. trade war and a slowdown in China could tilt the world toward a global […]
August 1, 2019

Oil slips 1% after Fed disappoints, U.S. crude output rises

Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate […]
August 1, 2019

Democrats pass up chance to dent GM on job cuts in Detroit debates

Detroit-based General Motors Co emerged from two days of Democratic debates in its hometown largely unscathed as 2020 White House hopefuls largely passed up an opportunity […]
August 1, 2019

Seeds of London Stock Exchange deal planted at flower show

The London Stock Exchange Group Plc’s expected $27 billion purchase of financial-data business Refinitiv has its origins in May 2013, amid the crocuses, champagne and corporate […]
August 1, 2019

Asian shares stumble, dollar firms as Fed dampens bets on more rate cuts

Asian shares fell to six-week lows on Thursday while the dollar jumped to two-year highs as the U.S. Federal Reserve poured cold water on market expectations […]
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