July 11, 2019

Ford, Volkswagen promise details on electric, autonomous vehicle alliance

Ford Motor Co and Volkswagen AG said on Thursday they are expanding their global alliance announced in January with deals that are expected to involve collaboration […]
July 11, 2019

T-Mobile, Sprint expected to extend deal date: sources

T-Mobile US Inc and Sprint Corp expect to extend a July 29 deadline to complete their $26-billion merger, according to two sources close to the deal. […]
July 11, 2019

Cargill quarterly profit dives 41% on trade tensions, U.S. floods

Global commodities trader Cargill Inc [CARG.UL] reported a 41% drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and […]
July 11, 2019

Oil steadies on dim OPEC demand outlook, pares gains from Gulf of Mexico storm

Oil prices steadied on Thursday as OPEC forecast slower demand for its crude next year, with crude futures easing from their highest in more than a […]
July 11, 2019

Dow breaches 27,000; healthcare in spotlight after Trump’s decision on rebate

U.S. stocks rose on Thursday on improved bets of an interest rate cut following Fed chief Jerome Powell’s dovish remarks, while healthcare stocks were mixed after […]
July 11, 2019

Apple’s India-made top-end iPhones to hit stores next month: source

Apple Inc’s top-end iPhones, assembled in India by Foxconn’s local unit, are likely to hit Indian stores next month, a source said, potentially helping the tech […]
July 11, 2019

Exclusive: Verizon sought buyers for Yahoo Finance – sources

Verizon Communications Inc earlier this year looked for buyers for Yahoo Finance, one of the most popular internet destinations for financial news and portfolio management tools, […]
July 11, 2019

U.S. underlying inflation stirring; labor market tightening

U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in a range of goods and services, but that […]
July 11, 2019

FCA plans electric Fiat 500 for 2020 as moves on from Renault

Fiat Chrysler (FCA) plans to spend 700 million euros ($788 million) to take the Fiat 500 electric as the carmaker moves on from its failed $35 […]
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