April 23, 2019

United Technologies quarterly profit beats, shares rise

United Technologies Corp reported a higher-than-expected quarterly profit on Wednesday, boosted by robust demand for aircraft parts at one of the producers better placed to ride […]
April 23, 2019

Ahold says Stop & Shop strike will hurt 2019 margins

Dutch supermarket group Ahold, warned on Monday that a strike at its Stop & Shop chain in the United States would hurt its underlying 2019 profit […]
April 23, 2019

U.S. strike cost $200 million in lost sales: Ahold CEO

An 11-day strike at Ahold’s U.S. Stop & Stop supermarket chain cost the company “just over” $200 million in lost sales, the company’s CEO said on […]
April 23, 2019

Samsung retrieving all Galaxy Fold samples after defect reports: source

Samsung Electronics Co Ltd is retrieving all Galaxy Fold samples distributed to reviewers to investigate reports of broken screens, a day after it postponed the phone’s […]
April 23, 2019

Exclusive: British Telecom’s Italian job had London roots, say investigators

A criminal investigation into accounting fraud inside British Telecom’s Italian unit has uncovered more evidence of what prosecutors say was the involvement of senior executives in […]
April 23, 2019

Timeline: BT bosses in spotlight in Italian accounting scandal

A criminal investigation into accounting fraud inside British Telecom’s Italian unit has uncovered more evidence of what prosecutors say was the involvement of senior executives in […]
April 23, 2019

Oil races to near six-month highs on Iran sanctions, stocks rise

World oil prices jumped to near 6-month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher and boosting […]
April 23, 2019

ExxonMobil agrees 20-year LNG deal with China’s Zhejiang Energy

Exxon Mobil Corp said it has signed a 20-year agreement to supply liquefied natural gas (LNG) to China’s Zhejiang Energy, as the U.S. oil and gas […]
April 22, 2019

Facebook hires State Department lawyer as general counsel

Facebook Inc on Monday named the legal adviser to the U.S. State Department as its general counsel, as the social media giant faces growing regulatory hurdles […]
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