Google taps fitness tracker market with $2.1 billion bid for Fitbit
Alphabet Inc-owned Google will buy Fitbit Inc for $2.1 billion, as the biggest Web search company looks to take on Apple and Samsung in the...
Oil rises 2% on hopes for U.S.-China trade deal
Oil prices rose 2% on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic data in both countries, including U.S. employment and...
Exxon, Chevron earnings fall on lower oil and gas prices
Exxon Mobil Corp and Chevron Corp on Friday posted sharply lower quarterly results despite increases in oil and gas production as lower energy prices soured...
China may impose $3.58 billion in annual trade sanctions on U.S.: WTO panel
A World Trade Organization (WTO) panel said on Friday that China could slap compensatory sanctions on U.S. imports worth $3.579 billion annually for the U.S....
Three flight attendant unions voice alarm after 737 MAX hearings
Unions representing flight attendants at the three U.S. airlines that operate Boeing Co’s 737 MAX said they are more reluctant to support the grounded jet’s...
Fosun Tourism to buy Thomas Cook, related hotel brands for $14.3 million
China’s Fosun Tourism Group said on Friday it would acquire the Thomas Cook and related hotel brands for 11 million pounds ($14.25 million), in a...
AIG’s profit misses estimates on life unit review, catastrophe losses
American International Group Inc missed analysts’ estimates for third-quarter profit on Friday due to weakness in the insurer’s life and retirement unit and a difficult...
Shell appoints new head of downstream business
Royal Dutch Shell has appointed Huibert Vigeveno to head its downstream business, the refining, trading and marketing operations that are to become a key pillar...
AbbVie 2019 revenue forecast tops Wall Street estimates while it eyes future Botox sales
AbbVie Inc on Friday forecast 2019 revenue above Wall Street estimates and expressed confidence in future sales of blockbuster wrinkle treatment Botox, which it will...
No talks have taken place on ousting Fed’s Powell: White House adviser
A White House official said on Friday no discussions have taken place about ousting U.S. Federal Reserve Chairman Jerome Powell after President Donald Trump expressed...