Ghosn ‘very comfortable’ after Lebanon questioning: lawyer
Carlos Ghosn’s lawyer said he was “very comfortable” with legal proceedings in Lebanon on Thursday, after the fugitive ex-Nissan boss was questioned over an extradition...
U.S. weekly jobless claims fall, but labor market momentum waning
New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling, with the number of Americans...
Ackman avoids limelight even as Pershing Square posts record 2019
Two years ago, investor William Ackman, who pushes corporations to perform better, took his own advice and laid out a plan for a comeback after...
Oil slips as focus shifts from Iran tensions to U.S. crude stocks
Oil prices retreated further on Thursday after sharp losses in the previous session, as the market shifted its focused towards rising U.S. crude stocks and...
Kinder Morgan sells Pembina shares for $764 million
Pipeline operator Kinder Morgan Inc said on Thursday it sold the 25 million shares in Canada’s Pembina Pipeline Corp that it received when Pembina bought...
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...