Oil rises for a second day as OPEC+ weighs coronavirus action
Oil futures rose for a second day on Thursday boosted by potential OPEC+ action to counter oil demand loss from the coronavirus outbreak and by...
Britain seeking far-reaching tariff cuts in post Brexit U.S. trade deal
Britain is seeking far-reaching reductions in tariffs in a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the...
Exclusive: China’s mobile giants to take on Google’s Play store – sources
China’s Xiaomi, Huawei Technologies, Oppo and Vivo are joining forces to create a platform for developers outside China to upload apps onto all of their...
Payments in high-value deals not a bribe, Mahathir says about AirAsia probe
Malaysian Prime Minister Mahathir Mohamad said on Thursday payments received to offset the costs of a high-value order could not be constituted as a bribe....
Drugmaker Sanofi expects further profit growth from narrowed focus
French drugmaker Sanofi on Thursday forecast further profit growth for 2020 even as it drops some research in areas such as diabetes in a shake-up...
Total beats quarterly forecasts despite low oil price, lifts payout
Total beat forecasts on Thursday by keeping net adjusted profit for the fourth quarter steady at $3.2 billion despite low oil prices and fulfilled a...
Toyota lifts profit outlook, mulls alternatives to China-made parts amid virus outbreak
Toyota Motor Corp nudged up its annual operating profit forecast by 4.2% on favorable currency rates and better-than-expected sales, but added the impact of the...
Total beats quarterly forecasts, lifts dividends despite low oil price
Total beat forecasts on Thursday by keeping net adjusted profit for the fourth quarter steady at $3.2 billion and fulfilled its pledge to boost dividends...
Deutsche Bank welcomes Capital Group with 3.1% stake
Deutsche Bank said on Thursday that Capital Group now holds a 3.1% stake in the German bank, making the Los Angeles-based firm one of its...
Nokia’s surprise profit rise fails to salvage 2019 dividend
Cost cuts helped Nokia to a surprise rise in its October-December underlying profit on Thursday, although the Finnish telecom network equipment maker flagged tough times...