December 12, 2018

Zara owner Inditex hit by FX swings and warm weather

Zara owner Inditex missed sales and profit forecasts on Wednesday, hit by adverse currency moves and an unusually warm September, leading investors to wipe more than […]
December 12, 2018

Wall Street opens sharply higher on trade optimism

U.S. stocks jumped at open on Wednesday as the Wall Street Journal report about China’s plans to increase access for foreign firms added to earlier optimism […]
December 12, 2018

Stocks cheered by Trump trade talk; sterling springs off lows

Stock markets rallied on Wednesday as U.S. President Donald Trump sounded upbeat about doing a trade deal with China, while sterling jumped off 20-month lows as […]
December 12, 2018

U.S. consumer prices flat; underlying inflation firm

U.S. consumer prices were unchanged in November, held back by a sharp decline in the price of gasoline, but underlying inflation pressures remained firm amid rising […]
December 12, 2018

Incoming Thyssenkrupp board member Merz favorite for chairwoman: sources

Incoming Thyssenkrupp supervisory board member Martina Merz has emerged as favorite to become head of the steel-to-submarines conglomerate’s supervisory board, three people familiar with the matter […]
December 12, 2018

Intel plans ‘stacked’ circuits in bid to regain its chipmaking lead

Intel Corp said on Wednesday that it has developed a way to stack its computing circuits on top of one another in a bid to regain […]
December 12, 2018

Amazon aims at office workers with compact cashier-less food store

Amazon.com Inc on Wednesday opened a compact version of its cashier-less Amazon Go food stores, broadening its footprint in the bricks-and-mortar world in a move to […]
December 12, 2018

Former Malaysian PM Najib, 1MDB ex-CEO face fresh corruption charges

Malaysian prosecutors on Wednesday filed new graft charges against former prime minister Najib Razak and the former chief executive of scandal-linked state fund 1MDB, in the […]
December 12, 2018

Stocks cheered by Trump trade talk; sterling plagued by politics

Asian stock markets rallied on Wednesday as U.S. President Donald trump sounded upbeat about a trade deal with China, while sterling struggled with the risk of […]
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