July 18, 2019

Goldman Sachs’ equities-backed earnings results may pressure

Booming stock markets around the globe helped Goldman Sachs Group Inc offset declines in other businesses last quarter, but those gains may not be sustainable, analysts […]
July 18, 2019

GM’s mid-engine Corvette gears up to take on Europeans

General Motors Co was set on Thursday to unveil its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as […]
July 18, 2019

Honeywell beats quarterly profit estimates, raises 2019 forecast

Honeywell International Inc on Thursday reported a better-than-expected quarterly earnings and raised its full-year sales and profit forecasts, riding on higher demand for aircraft parts and […]
July 18, 2019

Global stocks slide as U.S.-China trade war takes toll on earnings

Global shares slipped on Thursday on growing signs that a trade dispute between the United States and China was taking a toll on corporate earnings, with […]
July 18, 2019

Japan-South Korea gloom spurs worries of ‘never seen before’ chip price spike

Memory chip spot prices have risen for the first time this year, indicating grim warnings of “never seen before” spikes and a supply disruption could come […]
July 18, 2019

ASOS warns on profit again, blames overseas warehouse problems

British online fashion retailer ASOS dented profit expectations for the third time in eight months on Thursday, saying problems in ramping up warehouses in the United […]
July 18, 2019

Britain’s easyJet reassures on outlook, hires Ryanair operations chief

Britain’s easyJet on Thursday reported third quarter trading in line with expectations, boosted by more customers taking optional extra services and enabling it to reiterate its […]
July 18, 2019

Anglo American’s second-quarter output rises 2%, on track to hit 2019 targets

Anglo American on Thursday posted a 2% rise in second quarter output and reaffirmed full-year production targets, boosted by a restart of operations at its Brazilian […]
July 18, 2019

Truckmaker Volvo lifts market view, picks Samsung for batteries

Sweden’s AB Volvo raised its market forecasts for North America and Europe on Thursday, as higher trucks and construction equipment deliveries helped it to top profit […]
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