July 25, 2018

Mattel misses second-quarter sales estimates, announces job cuts

Mattel Inc’s quarterly sales missed analysts’ estimates on Wednesday, weighed down by the liquidation of key customer Toys ‘R’ Us and the absence of a big […]
July 25, 2018

Visa tops profit estimates on higher consumer spending

Visa Inc , the world’s largest payments network, topped analysts’ estimates for third-quarter profit on Wednesday, as an expanding U.S. economy encouraged more people to spend […]
July 25, 2018

Ford cuts 2018 profit forecast; tariffs, China sales hurt second quarter

Ford Motor Co on Wednesday lowered its full-year earnings forecast due to slumping sales and trade tariffs in China and its struggling business in Europe, and […]
July 25, 2018

EU offers trade concessions in talks with Trump: Wall Street Journal

U.S. President Donald Trump has secured concessions from the European Union to avoid a trade war, the Wall Street Journal reported on Wednesday, citing an EU […]
July 25, 2018

U.S. car tariffs seen as focus as Trump meets EU’s Juncker

The European Union’s chief executive was set to confront U.S. President Donald Trump on Wednesday over Trump’s efforts to impose car tariffs, with the high stakes […]
July 25, 2018

Trump says he hopes to strike trade deal with Europe

U.S. President Donald Trump said on Wednesday he hopes to work out a fair and reciprocal trade deal between the United States and Europe as he […]
July 25, 2018

EU court sends the KitKat case back to trademark office

A long-running legal battle between global chocolate giants over the shape of KitKat finger wafers was sent back to the EU’s trademark office on Wednesday after […]
July 25, 2018

Tech stocks lead Wall Street higher; Boeing weighs on Dow

The benchmark S&P 500 and the Nasdaq rose on Wednesday on gains in technology stocks, while Boeing’s disappointing results weighed on the Dow Jones Industrial Average. […]
July 25, 2018

Deutsche Bank cites progress on overhaul despite profit slide

Deutsche Bank’s new boss hailed significant progress in his efforts to reshape the bank, having cut a quarter of the staff at its global equities business, […]
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