October 25, 2018

Merck, Bristol-Myers profits rise on cancer drug sales

Merck & Co Inc and Bristol-Myers Squibb Co posted better-than-expected third quarter profit and raised their 2018 earnings forecasts on Thursday due to strong demand for […]
October 25, 2018

Exclusive: Toshiba considers liquidating UK nuke unit NuGen as sale talks drag

Toshiba Corp is considering liquidating its British nuclear unit NuGen, two people with direct knowledge of the matter said on Thursday, leaving Britain to seek alternatives […]
October 25, 2018

Belgium picks Lockheed’s F-35 over Eurofighter on price

Belgium said on Thursday it had chosen Lockheed Martin’s F-35 stealth jets over the Eurofighter Typhoon to replace its aging F-16s in a 4 billion euro […]
October 25, 2018

Wall Street rises as technology stocks gain

U.S. stocks gained on Thursday, as strong corporate earnings, including from software company Microsoft and automaker Ford, helped ease nerves following a steep selloff in the […]
October 25, 2018

Tesla third-quarter profit quiets critics, shares surge

Tesla Inc shares jumped 10 percent on Thursday as Wall Street analysts said the company had turned a corner with profitable third quarter results and might […]
October 25, 2018

PPG Industries backs CEO after shareholder Trian calls for his ouster

Paints and coatings maker PPG Industries said its board unanimously backed Michael McGarry as Chairman and CEO, in response to Nelson Peltz-owned Trian Fund Management’s call […]
October 25, 2018

AB InBev told Indian authorities about cartel, triggering anti-trust probe

An Indian anti-trust probe into beer price-fixing allegations was initiated after the world’s largest brewer Anheuser-Busch InBev told the authorities last year it had detected an […]
October 25, 2018

Oil prices recover after stock markets plunge

Oil prices stabilized on Thursday, bouncing back from an early sell-off after Asian and European stock markets plunged in the wake of Wall Street’s biggest daily […]
October 25, 2018

Wall Street looks to break six-day slump, Europe halts rot

European and U.S. futures markets attempted a rebound on Thursday after Wall Street’s worst day since 2011 and heavy losses in Asia gave global stocks another […]
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