November 29, 2018

U.S. consumer spending rises strongly; inflation moderates

U.S. consumer spending increased by the most in seven months in October, but underlying price pressures slowed, with an inflation measure tracked by the Federal Reserve […]
November 29, 2018

Volvo Cars has no current plans for stockmarket listing: CEO

Volvo Cars, owned by China’s Geely, has no current plans to go for a stockmarket listing, its chief executive said, more than two months after the […]
November 29, 2018

Unilever CEO retires after investor row, replaced by insider Jope

Unilever Chief Executive Paul Polman is retiring less than two months after a damaging row with shareholders and will be succeeded in January by Alan Jope, […]
November 29, 2018

Unilever CEO change not connected to HQ climbdown: chairman

The replacement of Unilever’s CEO Paul Polman was not connected to a shareholder row earlier this year over a proposed move of the headquarters of the […]
November 29, 2018

Oil falls, heading for biggest monthly slide since 2008

Oil fell on Thursday, bringing losses for the month so far to 23 percent, marking its largest one-month fall since the depths of the financial crisis […]
November 29, 2018

Ad buyers skeptical as Snap looks beyond teens for growth

Snap Inc has pinned its hopes on the over-35 crowd to revive user growth for its photo messaging app, a shift ad buyers said could backfire. […]
November 29, 2018

Renault-Nissan in first crisis meeting since Ghosn arrest

Renault and Nissan “emphatically reiterated” their commitment to one another on Thursday as executives gathered for talks likely to address the future of the alliance, rocked […]
November 29, 2018

Deutsche searched in money laundering probe over Panama Papers

Around 170 police officers, prosecutors and tax inspectors searched six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations, the Frankfurt public […]
November 29, 2018

German antitrust watchdog launches probe into Amazon

Germany’s antitrust authority has launched an investigation into whether U.S. ecommerce giant Amazon is exploiting its market dominance in its relations with third-party retailers who use […]
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