November 21, 2019

Macy’s cuts forecast ahead of holiday season after gloomy quarter

Macy’s Inc cut its annual profit forecast for the second time this year on Thursday, as the department store operator blamed weak international tourism and sluggish […]
November 21, 2019

Fiat Chrysler brushes off GM lawsuit, sees Peugeot deal by year end

Fiat Chrysler (FCA) on Thursday brushed off a shock lawsuit from General Motors (GM) and said it was confident of reaching a binding merger deal with […]
November 21, 2019

Saudi Aramco IPO’s institutional tranche receives $17 billion in orders: Al Arabiya

The institutional tranche of Saudi Aramco’s initial public offering (IPO) has received more than 64 billion riyals ($17.1 billion) in orders, Saudi-owned news channel Al-Arabiya said […]
November 21, 2019

Sanofi weighing options for consumer healthcare unit: sources

Sanofi is considering a joint venture or outright sale among options for its consumer healthcare unit, sources told Reuters, as the French drugmaker prepares to present […]
November 21, 2019

Exclusive: German exports to United States jump despite trade tensions

Strong German exports to the United States helped Europe’s largest economy to avoid a recession in the third quarter, data showed on Thursday, as companies benefited […]
November 21, 2019

Charles Schwab in talks to buy smaller rival TD Ameritrade: CNBC

Charles Schwab Corp , the largest U.S. discount brokerage, is in talks to buy smaller rival TD Ameritrade and a deal could be announced as early […]
November 21, 2019

OPEC+ likely to extend oil supply cuts until June: sources

OPEC and its allies are likely to extend existing oil output cuts when they meet next month until mid-2020, with non-OPEC oil producer Russia supporting Saudi […]
November 21, 2019

OECD sees global growth at decade-low, blames governments’ indecision

The global economy is growing at the slowest pace since the financial crisis as governments leave it to central banks to revive investment, the OECD said […]
November 21, 2019

Germany fines BMW, Daimler, Volkswagen for forming steel cartel

Germany’s cartel authority said on Thursday it was fining the country’s three major carmakers – BMW , Volkswagen and Daimler – a total of 100 million […]
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