December 20, 2018

Film studios and Sky offer to end anti-competitive movie deals

NBCUniversal, Sony Pictures, Warner Bros and Sky have offered to end anti-competitive movie licensing deals in a bid to stop an antitrust investigation, regulators said on […]
December 20, 2018

World stocks slide as Fed aggravates recession fears

World equity markets slumped on Thursday after the U.S. Federal Reserve dashed investor hopes of a more dovish policy outlook even as signs grow that global […]
December 20, 2018

Aluminum plunges, Rusal shares soar as U.S. to lift sanctions

The U.S. Treasury said it will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminum giant Rusal and its parent En+, watering […]
December 20, 2018

Oil prices resume fall, shed last session’s gains

Oil prices fell on Thursday to erase most of their gains from the day before, resuming declines seen earlier in the week amid worries about oversupply […]
December 20, 2018

Stocks slump as Fed’s outlook on rates disappoints

Asian shares slid on Thursday after the U.S. Federal Reserve raised rates, as expected, and kept most of its guidance for additional hikes over the next […]
December 20, 2018

Trump tariff war with China sends U.S. retailers on buying binge

In the nearly 40 years she has spent in trade, Amy Magnus has never seen retailers hoarding so much inventory. Powered by WPeMatico
December 20, 2018

Tokyo court decides not to extend Ghosn’s detention, may release soon

A Tokyo court on Thursday unexpectedly decided not to extend the detention of Nissan Motor Co’s ousted chairman, Carlos Ghosn, meaning he may soon be released […]
December 20, 2018

Novartis appoints Susanne Schaffert to lead oncology business

Novartis said it appointed company veteran Susanne Schaffert to lead its oncology unit from Jan. 1, replacing Liz Barrett who is stepping down to return to […]
December 20, 2018

Bombardier delivers Global 7500 jet as corporate travel race intensifies

Canada’s Bombardier Inc will deliver its first Global 7500 corporate jet on Thursday, premiering a full-sized bed and optional en-suite shower, in a challenge to U.S. […]
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