September 12, 2019

Philippine fast food specialist Jollibee hungry to expand in U.S., China

Jollibee Foods Corp , the Philippine fast food specialist known for fried ‘Chickenjoy’ and chopped hotdogs in sweet spaghetti sauce, is doubling down on expansion plans […]
September 12, 2019

Broadcom misses quarterly revenue estimates, maintains full-year forecast

Broadcom Inc narrowly missed Wall Street estimates for quarterly revenue on Thursday and maintained its full-year forecast, as it faces a slowdown in chip demand and […]
September 12, 2019

Three U.S. senators urge Amazon’s Bezos to check driver abuse

Three U.S. senators on Thursday said Amazon.com Inc should stop working with delivery contractors that violate labor laws by imposing unfair conditions on drivers delivering packages […]
September 12, 2019

Wall Street ends higher on trade, ECB stimulus hopes

Wall Street advanced on Thursday, and the S&P 500 ended the session within striking distance of its all-time closing high, buoyed by positive developments on the […]
September 12, 2019

Deutsche Bank is first to settle bond-rigging lawsuit, amid federal probe

Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac , becoming […]
September 12, 2019

Trade hopes lifts stocks, bond yields

A gauge of global stock markets rose for a seventh straight day in choppy trading on Thursday after hints of progress in the U.S.-China trade dispute, […]
September 12, 2019

Exclusive: Two JPMorgan metals executives put on leave amid U.S. probe – source

Two JPMorgan Chase & Co employees, including a top metals trading executive, have been placed on leave in response to a U.S. criminal investigation into the […]
September 12, 2019

Mexico’s Pemex offers to prepay chunk of $14.7 billion in bonds

Mexico’s Pemex said on Thursday it had launched a tender offer to prepay around a third of $14.7 billion in bonds maturing between 2020-2023, in President […]
September 12, 2019

‘Not enough:’ Investors react to Pemex bond plan

Mexico’s national oil company Pemex will need more than the $5 billion cash capital contribution from the government announced on Wednesday to turn around its fate, […]
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