October 11, 2018

European stocks slump to 21-month low, Wall Street braces

European stocks slumped to a 21-month low on Thursday after Wall Street’s worst losses in eight months triggered a surge of global selling that also hit […]
October 11, 2018

Safran CEO holds off on Airbus jet output talk to Q1 2019

Jet engine maker CFM International would be ready to enter negotiations with Airbus in the first quarter of 2019 on possible future increases in narrow-body jet […]
October 11, 2018

Bayer lifted by likely new trial in $250 million weedkiller case

The prospect of a fresh trial that could overturn $250 million damages against Bayer’s Monsanto unit lifted the German company’s shares, after an August ruling that […]
October 11, 2018

BMW to buy control of China venture in ‘new era’ for foreign carmakers

Germany’s BMW will pay 3.6 billion euros ($4.2 billion) to take control of its main joint venture in China, the first such move by a global […]
October 11, 2018

At IMF-World Bank meetings, Powell praised as Trump calls Fed ‘crazy’

The Bank of England governor and the head of the International Monetary Fund praised the abilities of Federal Reserve Chairman Jerome Powell on Thursday, after U.S. […]
October 11, 2018

IMF chief defends Powell after Trump slams ‘crazy’ Fed

The head of the International Monetary Fund on Thursday defended Federal Reserve Chairman Jerome Powell one day after U.S. President Donald Trump criticized the American central […]
October 11, 2018

Mounting costs add to worries about 2019 U.S. profit growth

Rising costs for companies are worrying investors already concerned about a step down in U.S. corporate profit growth next year as Wall Street’s focus turns away […]
October 11, 2018

Chairman and CEO together or separate? Citigroup has to decide

JPMorgan Chase & Co and Bank of America Corp have placed the jobs of chairman and chief executive in the hands of one person, and now […]
October 11, 2018

Delta profit beats on strong demand, higher ticket prices

Delta Air Lines reported a third-quarter profit that beat analysts’ estimates on Thursday as a strengthening U.S. economy spurred demand for air travel, helping the airline […]
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