April 30, 2019

Mondelez beats core revenue estimates on emerging markets demand

Oreo cookies maker Mondelez International Inc reported a higher-than-expected growth in first-quarter core revenue on Tuesday, boosted by demand for its snacks and chocolates in emerging […]
April 30, 2019

How Russia contaminated $2.7 billion of oil exports to Europe

It was a quiet Easter holiday at the offices of major European oil companies and refiners when an email in Russian landed. “What the hell does […]
April 30, 2019

Apple optimistic on sales as iPhone price cuts help in China

Apple Inc on Tuesday forecast stronger-than-expected third-quarter revenue and Chief Executive Tim Cook said iPhone sales had started to stabilize in China, a sign that Apple’s […]
April 30, 2019

Former Google CEO Eric Schmidt to step down from board

Google parent company Alphabet Inc said on Tuesday former chairman and chief executive officer of the internet search giant, Eric Schmidt, will step down from its […]
April 30, 2019

Global stocks edge up as S&P 500 erases early losses; euro firms

Global equity markets edged higher on Tuesday as the Dow and S&P 500 indexes erased early lows caused by weak Chinese business surveys and a tumble […]
April 30, 2019

Uber takes IPO roadshow to New York as demand builds up

Uber Technologies Inc CEO Dara Khosrowshahi and his top management team took the ride-hailing giant’s investor roadshow for its initial public offering to New York on […]
April 30, 2019

Nasdaq retreats after Alphabet drop; S&P 500 posts record

The Nasdaq fell on Tuesday as shares of Google-parent Alphabet tumbled following a revenue miss and Apple dropped ahead of its results, though the S&P 500 […]
April 30, 2019

Frothy markets turn dealmaker Warren Buffett into a bankroller

For Warren Buffett, when all else fails, repeat what works. Powered by WPeMatico
April 30, 2019

U.S. attorney general recuses self from T-Mobile, Sprint merger probe

U.S. Attorney General William Barr has recused himself from the Justice Department’s deliberations on whether to allow T-Mobile to proceed with its $26 billion acquisition of […]
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