Oil steadies around levels prevailing before U.S.-Iran attacks
Oil prices steadied on Thursday after the previous session’s sharp losses on the back of swelling U.S. crude stocks and easing fears of imminent escalation...
Weak holiday sales at Kohl’s, J.C. Penney highlight growing online threat
Kohl’s Corp and J.C. Penney Co Inc posted weak holiday season sales on Thursday, affirming that traditional brick-and-mortar retailers struggled to compete with record-breaking online...
Volkswagen’s 2019 vehicle deliveries slightly above 2018
Volkswagen Group said on Thursday its vehicle deliveries last year were slightly above the previous year’s level, revising up an earlier forecast which predicted 2019...
Walsh hands over the controls after building British Airways parent IAG
Willie Walsh, who created British Airways’ parent firm IAG by dragging old-fashioned flag carriers into the modern-age of budget flying, is to retire and will...
Stock futures back in record territory as Middle East tensions fade
U.S. stock index futures rose on Thursday after the United States and Iran pulled back from new military action, while firming optimism about a U.S.-China...
Back from the brink, back on the bull ride
World markets looked to have overcome their new year wobbles on Thursday, as the United States and Iran backed away from conflict in the Middle...
First Abu Dhabi Bank to auction Al Jaber’s Dubai Shangri-La hotel: sources
First Abu Dhabi Bank (FAB) has started an auction process for a Dubai hotel operated by Shangri-La and owned by indebted construction group Al Jaber...
Apple’s iPhone sales in China up 18% in December: government data
Sales of Apple Inc’s iPhone in China in December jumped more than 18% year on year, government data showed on Thursday....
Ahead of U.S. election, Facebook gives users some control over how they see political ads
Facebook Inc said on Thursday it was making some changes to its approach to political ads, including allowing users to turn off certain ad-targeting tools,...
Mercedes-Benz poised to clinch premium sales crown for 2019
Daimler sold 2.34 million Mercedes-Benz passenger cars in 2019 for a ninth consecutive year of record sales, it said on Thursday, putting the German carmaker...