July 19, 2018

Qualcomm disappointed with continuing EU probe into pricing case

U.S. chipmaker Qualcomm on Thursday expressed disappointment with EU antitrust regulators’ decision to continue an investigation in a case where it has been accused of charging […]
July 19, 2018

Firmer U.S. dollar boosts corporate interest in currency hedging

By Saqib Iqbal Ahmed, Jessica DiNapoli and Caroline Valetkevitch Powered by WPeMatico
July 19, 2018

Wall Street lower on weak earnings, escalating trade tensions

U.S. stock indexes were trading lower on Thursday, as a batch of weak quarterly reports dampened a robust earnings season and trade tensions rose on news […]
July 19, 2018

Blackstone posts 10 percent drop in second quarter distributable earnings

Blackstone Group LP on Thursday reported a 10 percent drop in quarterly distributable earnings, which it uses to pay dividends, as assets sales slowed even as […]
July 19, 2018

Blackstone still analyzing merits of possible C-Corp switch: COO

Blackstone is still considering whether to convert to a corporation from a partnership and has been impressed by the stock performance of rival KKR & Co […]
July 19, 2018

Trump slams EU over $5 billion fine on Google

U.S. President Donald Trump on Thursday criticized the European Union and said the bloc was taking advantage of the United States, pointing to the record $5 […]
July 19, 2018

Boeing wins air show overshadowed by incognito jet orders

Boeing claimed victory on Thursday after outselling rival Airbus at this week’s Farnborough Airshow, where the world’s largest planemakers repeated last year’s comparable tally of around […]
July 19, 2018

Dollar gains, metals wane as China grabs for monetary easing

The dollar stayed strong but metal markets buckled badly on Thursday, as signs that China was resorting to credit-fueled stimulus again and trade jitters helped drive […]
July 19, 2018

Blackstone posts 55 percent rise in second quarter earnings per share

Blackstone Group LP , the largest manager of alternative assets such as private equity and real estate, said on Thursday second-quarter earnings per share rose 55 […]
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