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...
CITIC Capital bidding for 22% McDonald’s China stake: chief
Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald’s Corp’s mainland China and Hong Kong businesses, its chairman and...
Oil falls as spectre of China virus looms over fuel demand
Oil prices fell on Thursday on concern that the spread of a respiratory virus from China could lower fuel demand if it stunts economic growth...
Volkswagen CEO: Seat’s de Meo probably in talks with Renault – CNBC
The chief executive of Volkswagen said Luca de Meo, who stepped down as chief executive of the German carmaker’s Spanish Seat brand this month, was...