September 26, 2019

Fed’s Clarida says inflation expectations in line with mandate

U.S. inflation expectations are currently in line with the central bank’s 2% goal, Federal Reserve Vice Chair Richard Clarida said on Thursday, a remark that suggests […]
September 26, 2019

Fitness startup Peloton’s shares fall 7% in market debut

Shares of Peloton Interactive Inc , the fitness startup known for on-demand workout programs on its exercise bikes, slid as much as 7% in their market […]
September 26, 2019

Commerzbank cuts revenue forecast as board approves overhaul

Commerzbank no longer expects a rise in underlying revenue this year, the German lender warned on Thursday, as its supervisory board approved plans announced last week […]
September 26, 2019

U.S. business investment downturn could pressure slowing economy

U.S. business investment contracted more sharply than previously estimated in the second quarter and corporate profit growth was tepid, casting a shadow on an economy that […]
September 26, 2019

GM reverses decision, will pay striking union workers’ healthcare coverage

General Motors Co said on Thursday it will pay for the health insurance of its striking hourly workers, reversing a decision to push the costs onto […]
September 26, 2019

Fiat’s Maserati to invest at least 1.6 billion euros to launch new models

Fiat Chrysler’s luxury brand Maserati will invest at least 1.6 billion euros ($1.75 billion) to produce its first hybrid and electric models, including a new super […]
September 26, 2019

Facebook wins dismissal of investor lawsuit over privacy breach

Facebook Inc and its chief executive Mark Zuckerberg on Thursday won dismissal of an investor lawsuit accusing them of deceiving investors about the likely impact of […]
September 26, 2019

Hackers tried to steal Airbus secrets via contractors: AFP

A series of cyber attacks on Airbus in the past few months was conducted via the computer systems of its suppliers and security sources suspect a […]
September 26, 2019

Commodities trader Cargill’s quarterly profit rises 3% on beef, eggs demand

Global commodities trader Cargill Inc [CARG.UL] reported a 3% increase in adjusted quarterly profit on Thursday, citing strong consumer demand for meat and eggs in North […]
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