July 18, 2019

EU clears Vodafone’s $22 billion Liberty deal

Brussels gave its blessing to Vodafone’s $22 billion purchase of Liberty Global’s cable networks in Germany and central Europe, clearing the way for the British company […]
July 18, 2019

Global stocks slip as U.S.-China trade war drags on corporate earnings

Global shares slipped on Thursday on growing signs that a trade dispute between the United States and China was taking a toll on corporate earnings, with […]
July 18, 2019

Morgan Stanley quarterly profit falls 10%

Morgan Stanley reported a 10% fall in quarterly profit on Thursday as low market volatility crimped trading and advisory revenue. Powered by WPeMatico
July 18, 2019

ASOS warns on profit again after botching warehouse revamps

British online fashion retailer ASOS warned on profits for the third time since December, saying problems ramping up warehouses in the United States and Germany had […]
July 18, 2019

Trump’s tariffs trip up the all-American RV industry

Carrie Gray points to a stack of unwelcome mail on a conference table at the offices of Renegade RV, one of the leading U.S. manufacturers of […]
July 18, 2019

EU Commission fines Qualcomm for second time over market abuse

Qualcomm , the world’s no.1 chipmaker, was fined 242 million euros ($272 million) by the European Commission on Thursday for blocking a rival from the market […]
July 18, 2019

Oil rises 1% after Iran says it seized foreign tanker in Gulf

Oil prices rose about 1% on Thursday after Iran said it had seized a foreign oil tanker in the Gulf amid rising tensions between Tehran and […]
July 18, 2019

Goldman Sachs’ equities-backed earnings results may pressure

Booming stock markets around the globe helped Goldman Sachs Group Inc offset declines in other businesses last quarter, but those gains may not be sustainable, analysts […]
July 18, 2019

GM’s mid-engine Corvette gears up to take on Europeans

General Motors Co was set on Thursday to unveil its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as […]
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