October 17, 2019

Boston pension votes to fire money manager Fisher, withdrawals surge toward $1 billion

The City of Boston’s retirement board on Wednesday voted unanimously to end its relationship with money manager Kenneth Fisher, whose firm has lost almost $1 billion […]
October 17, 2019

Nestle revamps waters business as organic growth slows

Food group Nestle plans to return up to 20 billion Swiss francs ($20.13 billion) to shareholders over the next three years and reorganize its struggling waters […]
October 17, 2019

Ericsson earnings top forecast as 5G takes off

Telecoms equipment maker Ericsson beat quarterly earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020, saying demand […]
October 17, 2019

European markets roar approval at new Brexit deal

Confirmation of a new Brexit deal lit a fire under Europe’s financial markets on Thursday, sending sterling to a five-month high, European stocks to a year-and-a-half […]
October 17, 2019

Oil falls but losses limited by new Brexit deal

Oil prices fell on Thursday as industry data showed a larger-than-expected build-up in U.S. inventories but losses were limited after the United Kingdom and the European […]
October 17, 2019

Honeywell cuts full-year revenue forecast after miss

Diversified manufacturer Honeywell International Inc fell short of Wall Street estimates for quarterly revenue on Thursday and cut its full-year sales forecast, as its customers rein […]
October 17, 2019

Norwegian Air and JetBlue plan transatlantic partnership

Norwegian Air and New York’s JetBlue Airways have agreed to form a partnership that will allow customers to book flights on each others’ aircraft, with a […]
October 17, 2019

‘Not the best owners’: UK’s Domino’s to exit foreign markets

Domino’s Pizza Group Plc , Britain’s biggest pizza delivery company, on Thursday said it would quit its loss-making international operations, sending shares higher in early trade. […]
October 17, 2019

‘Panama Papers’ law firm sues Netflix over film based on scandal

Mossack Fonseca, a Panamanian law firm at the center of the “Panama Papers” scandal, has filed a lawsuit against Netflix Inc over its new movie based […]
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