Airbus fined record $4 billion in global bribery settlement
Airbus bribed public officials and hid the payments as part of a pattern of worldwide corruption, prosecutors said on Friday as the European planemaker agreed...
Takeaway buys Just Eat for $7.8 billion, must wait to merge operations
Dutch online food ordering company Takeaway.com on Friday declared its $7.8 billion takeover of British peer Just Eat unconditional, though the two companies still need...
Roku tries Fox Super Bowl play but stock loses yardage
Shares of Roku tumbled 7% on Friday after the streaming video company told customers it was removing Fox channels from its platform ahead of Sunday’s...
Exxon, Chevron results augur tough year ahead, shares drop 3.5%
Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest...
U.S. consumer, factory data suggest economy losing momentum
WASHINGTON (Reuters – U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping...
Oil eases as virus outbreak shakes economic growth predictions
Oil prices were little changed on Friday but were on track for a fourth straight weekly loss, on mounting worries about economic damage from the...
UBS Europe probed in Italy in asset manager fraud investigatio: sources
Italian prosecutors have investigated UBS Europe for possible money laundering and obstructing the work of regulators as part of a fraud inquiry into smaller asset...
Wall Street tumbles as virus outbreak raises growth fears
Wall Street’s main averages tumbled more than 1% on Friday, as mixed corporate earnings added to worries over the impact of the coronavirus outbreak on...
Exxon, Chevron results augur tough year ahead, shares drop 3%
Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest...
Exclusive: BMW delays next generation Mini due to Brexit uncertainty, costs
BMW has delayed the development of its next generation Mini as it seeks to cut costs and as uncertainty over Britain’s trade relations with the...