July 31, 2019

BlackRock raises $2 billion for Global Credit Opportunities Fund

BlackRock Inc, the world’s largest asset management firm, said on Wednesday it had raised $2 billion for its flagship opportunistic credit fund, Global Credit Opportunities, reflecting […]
July 31, 2019

Apple lifts Wall Street higher; Fed decision on the horizon

U.S. stocks rose on Wednesday on a boost from Apple’s upbeat earnings report, but a drop in chip stocks capped gains, while investors awaited a widely […]
July 31, 2019

Ryanair tells staff it has 900 more pilots and crew than needed

Ryanair has 500 more pilots and 400 more cabin crew than needed, and job losses will be announced in the coming weeks, Chief Executive Michael O’Leary […]
July 31, 2019

Spotify revenue beats but adds fewer-than-expected paid subscribers

Spotify Technology SA reported better-than-expected second-quarter revenue on Wednesday, but added fewer paid subscribers than estimated, sending its shares down 2.2% in trading before the bell. […]
July 31, 2019

GE posts loss, takes Boeing hit but raises forecast; CFO to leave

General Electric Co swung back to a financial loss in the second quarter, as the cost of restructuring its ailing power business and the grounding of […]
July 31, 2019

Futures drift higher on Apple results; Fed rate decision awaited

U.S. stock index futures edged higher on Wednesday, as trade worries eased after Apple reported upbeat earnings and forecast, while investors awaited an almost certain cut […]
July 31, 2019

GM faces declining sales and price wars in largest markets

General Motors Co’s investors will see on Thursday how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets when it […]
July 31, 2019

Latest U.S.-China trade talks ‘constructive’, Beijing says

U.S. and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that Beijing described as “constructive”, including discussion of further purchases of American […]
July 31, 2019

Brexit and subsidy row cloud strong Airbus profits

Airbus urged European governments to step up plans for a “likely” no-deal Brexit and settle a long-running subsidy dispute with the United States to help limit […]
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