M&A strong though Chinese buyers lacking: Citigroup’s Kalvaria
Geopolitical uncertainties are not deterring Citigroup Inc clients from strategic deals and some unicorns’ offer “great potential”, but outbound Chinese buyers are lacking, Leon Kalvaria,...
P&G sales growth shy of forecasts as slowing birthrate hurts diaper sales
Procter & Gamble Co on Thursday posted quarterly sales that missed analysts’ expectations for the first time in five quarters, hurt by weakness in baby...
ECB’s Lagarde launches policy overhaul that will leave no stone unturned
The European Central Bank launched a broad review of its policy on Thursday that is likely to see new President Christine Lagarde redefine the ECB’s...
China virus scare, disappointing earnings drive Wall St. lower
U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China, disappointing corporate earnings and weakness in financial stocks prompted investors...
Healthy travel demand helps cushion 737 MAX toll for American, Southwest
Healthy travel demand should continue to cushion results for American Airlines Group Inc and Southwest Airlines Co , the two said on Thursday, even as...
Union Pacific shares rise as CEO says U.S.-China trade pact should help end rail slump
Union Pacific Corp shares rose 1% after executives at the railroad operator said the U.S.-China trade pact should help reverse slumping volumes....
Comcast takes aim at CNN with NBC-Sky global news channel: FT
Comcast’s NBC and Sky will jointly launch a global news channel taking aim at CNN, the Financial Times reported https://www.ft.com/content/cf3aafce-3d30-11ea-a01a-bae547046735 on Thursday....
Xerox plans to nominate 11 directors to HP’s board
Xerox Holdings Corp said on Thursday it plans to nominate 11 independent candidates to HP Inc’s board, setting the stage for a proxy fight after...
Wall Street opens lower on virus scare, mixed earnings
U.S. stocks opened lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a lockdown of two cities in the country,...
From Communist-era roots to cash cows: Poland’s gaming industry takes on the world
The drab exteriors of a pair of 1970s buildings in an industrial Warsaw neighborhood belie the hive of high-tech activity inside where developers, screenplay writers...