August 1, 2019

Thomson Reuters raises outlook, grows fastest since financial crisis

Thomson Reuters Corp raised its sales and core profit outlook for 2019 and 2020 on Thursday after reporting 4% organic revenue growth in the second quarter, […]
August 1, 2019

Marathon Petroleum profit beats on higher crude shipments, retail strength

U.S. refiner Marathon Petroleum Corp on Thursday beat estimates for quarterly profit, as it transported more crude through its pipelines and benefited from higher sales from […]
August 1, 2019

Cigna posts second-quarter profit beat, raises 2019 earnings forecast

Health insurer Cigna Corp raised its forecast for full-year adjusted earnings on Thursday after posting a better-than-expected profit in the second quarter, helped by higher revenue […]
August 1, 2019

Bombardier posts loss, cuts profit forecast on rail division woes

Canada’s Bombardier Inc on Thursday reported a larger quarterly loss than analysts had expected, and lowered its full-year earnings forecast, as the company wrestled with challenges […]
August 1, 2019

Coffee baron’s death fuels India Inc anger over government crackdown on wrongdoing

The apparent suicide of India’s coffee baron V.G. Siddhartha, under investigation by tax authorities, has inflamed anger toward the government among business leaders who feel it […]
August 1, 2019

BMW second-quarter hit by rising costs of manufacturing, emissions

BMW stuck to its outlook even as second quarter earnings fell 48%, hit by the rising cost of manufacturing, currency headwinds and emissions limits. Powered by […]
August 1, 2019

Chinese billionaire indicted in U.S. for alleged $1.8 billion aluminum tariff evasion

A Chinese billionaire has been indicted by a grand jury on charges he schemed with the aluminum company he founded to evade $1.8 billion of tariffs […]
August 1, 2019

Manufacturing pain spreads through Asia, more stimulus seen ahead

Asian factory activity contracted further in July, fuelling worries that a Sino-U.S. trade war and a slowdown in China could tilt the world toward a global […]
August 1, 2019

Oil slips 1% after Fed disappoints, U.S. crude output rises

Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate […]
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