July 31, 2019

Credit Suisse hails cost discipline as net profit jumps 45%

Credit Suisse posted its highest quarterly earnings in four years on Wednesday, hailing frugal cost management as paying off in a tough environment. Powered by WPeMatico
July 31, 2019

U.S., China trade meeting ends with sharp response to Trump

Talks between U.S. and Chinese trade officials seeking ways to end a year long trade war lasted barely half a day before ending on Wednesday with […]
July 31, 2019

German prosecutors charge ex-Audi boss Stadler over emissions cheating

German prosecutors said on Wednesday they had filed charges against former Audi Chief Executive Rupert Stadler, who is being investigated over his role in Volkswagen’s emissions […]
July 31, 2019

Airbus second-quarter profit rise beats forecasts, delivery challenges ahead

Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while […]
July 31, 2019

Asian shares at six-week low on trade worry, pound under pressure

Asian shares fell on Wednesday to a six-week trough, rattled by fresh trade war concerns following threats from President Donald Trump to Beijing, while increasing worries […]
July 31, 2019

Credit Suisse confirms 2019 target after second-quarter net profit jumps 45%

Credit Suisse on Wednesday posted its highest quarterly earnings in four years, confirming its 2019 profitability target after second-quarter earnings jumped 45%. Powered by WPeMatico
July 31, 2019

Roche, Spark extend $4.3 billion takeover again, this time to September 3

Roche and Spark Therapeutics announced another extension of the Swiss drugmaker’s $4.3 billion takeover offer for the U.S. gene therapy specialist as regulatory reviews in the […]
July 31, 2019

With Fed sure to cut rates, Powell on hook to flag next steps

The U.S. Federal Reserve is almost certain to cut interest rates for the first time in more than a decade on Wednesday, delivering a mild jolt […]
July 31, 2019

After $6 billion M&A spree, insurer FWD eyes China foray ahead of potential IPO

Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its non-life business in Asia, its chief […]
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