September 27, 2018

Accenture profit forecast falls short of estimates, shares slip

Accenture Plc’s profit forecast for the year fell short of estimates, overshadowing better-than-expected fourth-quarter revenue and profit and sending its shares down about 2 percent. Powered […]
September 27, 2018

Alibaba and other China heavyweights eye Turkey assets after lira plunge: sources

Several large Chinese companies, including tech giant Alibaba , are actively looking at opportunities in Turkey and have met with Turkish firms after the lira’s sell-off […]
September 27, 2018

Brazil’s Petrobras to pay $853 million U.S. fine in Car Wash probe

Petróleo Brasileiro SA will pay an $853.2 million fine to settle U.S. criminal charges the Brazilian state-run oil company bribed politicians and then sought to conceal […]
September 27, 2018

Jeff Bezos’s space startup to supply engines for ULA’s Vulcan rocket: WSJ

Amazon.com Inc founder Jeff Bezos’s space startup Blue Origin LLC has won a contract to supply engines for United Launch Alliance LLC (ULA), the Wall Street […]
September 27, 2018

U.S. core capital goods orders fall; goods trade deficit widens

New orders for key U.S.-made capital goods fell in August after four straight months of strong gains, while shipments barely rose, but that will probably not […]
September 27, 2018

Italy budget uncertainty returns to haunt Europe

Europe’s share markets and the euro both took a tumble on Thursday as a report that Italy’s long-awaited budget was facing a delay compounded an already […]
September 27, 2018

Saudi Arabia’s legal revamp offers hope for cautious investors

Saudi Arabia’s first comprehensive bankruptcy law went into effect last month, one of many reforms to the legal system that economists say may be more important […]
September 27, 2018

Oil gains 1 percent ahead of shortfall in Iran supply

Oil prices rose by nearly 1 percent on Thursday, driven by the prospect of a shortfall in global supply once U.S. sanctions against major crude exporter […]
September 27, 2018

Accenture quarterly revenue, profit beats estimates

Accenture Plc’s fourth-quarter revenue and profit beat Wall Street estimates on Thursday as investments in its fast-growing digital and cloud services businesses paid off. Powered by […]
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