April 25, 2019

Fed done raising rates; cut by end-2020 growing more likely: Reuters poll

The U.S. Federal Reserve is done raising interest rates until at least the end of next year, while about a third of economists polled by Reuters […]
April 25, 2019

‘Don’t shoot yourself in the foot’: Inside Mexico’s campaign to save NAFTA

In April 2017, a group of Mexican executives filed into the Texas governor’s mansion in Austin for a meeting they hoped would help save a trillion-dollar […]
April 25, 2019

3M to cut 2,000 jobs globally, lowers 2019 profit outlook

U.S. manufacturing conglomerate 3M Co on Thursday said it would lay off 2,000 workers globally as it reported a lower-than-expected quarterly profit and cut its 2019 […]
April 25, 2019

UK minister: Huawei leaks ‘unacceptable’, criminal investigation possible

British culture minister Jeremy Wright said on Thursday he could not rule out a criminal investigation over the “unacceptable” disclosure of confidential discussions on the role […]
April 25, 2019

Comcast first quarter profit beats Wall Street, misses on revenue

Comcast Corp reported first-quarter profit on Thursday that beat Wall Street estimates, boosted by strong additions of high-speed internet customers in a quarter that painted another […]
April 25, 2019

Bristol-Myers profit slightly tops Wall Street view on blood thinner sales

U.S drugmaker Bristol-Myers Squibb Co, which is set to buy biotechnology company Celgene Corp for $74 billion, posted slightly better-than-expected first-quarter earnings on Thursday on strong […]
April 25, 2019

German bank merger crumbles as Deutsche Bank tie-up talks with Commerzbank end

Deutsche Bank and Commerzbank abandoned their merger talks on Thursday, with the risks of doing a deal, restructuring costs and capital demands dashing efforts to forge […]
April 25, 2019

China seeks to allay fears over Belt and Road debt risks

China aims to make the Belt and Road initiative sustainable and prevent debt risks, its finance minister said on Thursday, seeking to allay criticism that the […]
April 25, 2019

World stocks slip, euro suffers, growth fears linger

World equity markets slipped on Thursday amid worries on global growth and as investors digested European earnings, while the Swedish crown slumped to its lowest in […]
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