July 25, 2019

Volkswagen second-quarter operating profit up 30% as SUV push pays off

Volkswagen Group shares rose 2% after the carmaker posted a 30% rise in second-quarter operating profit despite a drop in vehicle sales as rising demand for […]
July 25, 2019

Oil advances on Gulf tensions but demand concerns cap gains

Oil prices edged higher on Thursday amid Middle East tensions and a big fall in weekly U.S. crude stocks, but gains were stemmed by a frail […]
July 25, 2019

Total plans $5 billion in asset sales as second quarter net profit falls

French energy giant Total will sell around $5 billion worth of assets, mostly from its upstream exploration and production business, as it seeks to focus on […]
July 25, 2019

Asian shares tick higher, euro near two-month lows before ECB decision

Asian shares rose after a cautious start, while the euro hovered near two-month lows as soft economic data fueled hopes the European Central Bank could cut […]
July 25, 2019

Old habits die hard: Saudi Arabia struggles to end oil addiction

When Saudi Aramco was on the verge of a deal last year to buy a stake in an Indian oil refinery, its boss quickly boarded a […]
July 25, 2019

Asian shares edge up before ECB decision, euro near two-month lows

Asian shares rose but struck a more cautious note than a tech-fueled rally on Wall Street, while the euro stayed near two-month lows as soft economic […]
July 25, 2019

Oil crawls up amid Mideast tensions; weak demand outlook caps gains

Oil prices nudged higher on Thursday amid Middle East tensions and after weekly U.S. crude stocks dropped more than expected, but gains were stemmed by a […]
July 25, 2019

AB InBev beats earnings expectations as beer sales spike

Anheuser-Busch InBev , the world’s largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in five years. Powered […]
July 25, 2019

Samsung Electronics to launch Galaxy Fold in September after screen problems

Samsung Electronics Co Ltd’s first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by screen […]
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