Lebanon’s new government may have little reserves left to stabilize economy
Lebanon’s new government faces huge upcoming debt repayments and a currency peg at breaking point, but it may already have run out of the hard...
P&G posts first quarterly sales miss in over a year
Procter & Gamble Co on Thursday reported its first quarterly sales miss in over a year, hurt by weakness in its baby and feminine care...
American Airlines profit rises 27% as travel demand offsets MAX impact
American Airlines Group Inc reported a 27% rise in fourth-quarter profit on Thursday, as strong travel demand helped the U.S. airline counter the impact of...
Virus fears sap stocks; ECB gets ready for rethink
World shares fell on Thursday, led by the biggest tumble in Chinese stocks in more than eight months, as concern mounted about a new coronavirus...
Insys founder faces stiff prison sentence, $100 million-plus in forfeiture
John Kapoor, the founder of Insys Therapeutics Inc, on Thursday could be sentenced to several years in prison and ordered to forfeit up to $113...
Comcast’s growth in broadband customers offsets fourth-quarter cord-cutting
Comcast Corp’s bid to counter cord-cutting with profitable broadband customers continued to pay off in the fourth quarter, as the company on Thursday beat Wall...
Dutch road authority finds Jeep, Suzuki models broke emissions rules
The Dutch road authority has recalled Jeep Cherokees throughout Europe for a software update, it said on Thursday, after completing an investigation into fraudulent emissions...
UK’s Morrisons to create 4,000 store jobs, cut management roles
Morrisons , Britain’s No. 4 supermarket group, plans to create over 4,000 store jobs, while reducing management roles, it said on Thursday....
Mexico goes ghost as its oil hedge bill spirals
Mexico is playing a risky game of hide and seek with the oil market....
Southwest quarterly profit falls on mounting 737 MAX costs
Southwest Airlines Co reported a 21% fall in fourth-quarter profit on Thursday due to Boeing 737 MAX costs and warned that it will likely extend...