July 15, 2019

Citigroup profit beats estimates on gains in consumer lending

Citigroup Inc beat analysts’ estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank […]
July 15, 2019

Wall Street flat as Citi results weigh on bank shares

Wall Street’s three main indexes eased from their record highs on Monday as bank stocks turned lower after the third largest U.S. lender, Citigroup, reported a […]
July 15, 2019

In makeover mode, Burberry bets on new branding to boost sales

It has a hotshot new designer known for dressing Beyonce and is experimenting with monthly product launches on social media. Powered by WPeMatico
July 15, 2019

Huawei to invest $3.1 billion in Italy but calls for fair policy on 5G: country CEO

China’s Huawei Technologies said it would invest $3.1 billion in Italy over the next three years, as the Chinese telecoms giant called on Rome to ensure […]
July 15, 2019

Symantec, Broadcom cease deal negotiations: CNBC

Cybersecurity company Symantec Corp and chipmaker Broadcom Inc have ceased deal negotiations, CNBC reported on Monday, citing sources. Powered by WPeMatico
July 15, 2019

Walmart Chile to resume talks with union amid strike

Walmart Chile said on Monday it would resume talks with a union of 17,000 workers who walked off the job last week amid a major push […]
July 15, 2019

Oil prices rise on Chinese economic data

Oil prices rose on Monday as Chinese industrial output and retail data topped expectations, though gains were capped by overall figures showing the country’s slowest quarterly […]
July 15, 2019

Chinese data reassures, Citi starts earnings torrent

Surprisingly upbeat economic soundings from China pushed world shares toward an 18-month high and steered the Aussie dollar upwards on Monday, as Citigroup delivered Wall Street’s […]
July 15, 2019

Retailers cash in on Amazon’s ‘free marketing’ on Prime Day

Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday’s […]
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