Ride-hailing market revs up in Egypt
Competition in Egypt’s ride-hailing and tech-enabled transport market is heating up as rivals from global giant Uber to smaller local firms vie for a slice...
Papa John’s new CEO shakes up top management; CFO to leave
Papa John’s International Inc said on Wednesday its finance head would leave the company next year as new Chief Executive Officer Rob Lynch makes top...
CVS tops quarterly estimates on Aetna strength; raises profit forecast
CVS Health Corp posted better-than-expected quarterly profit and revenue on Wednesday, boosted by its Aetna health insurance and pharmacy benefits management units, prompting it to...
Wall Street near highs after upbeat earnings run
Wall Street was on course to open close to record highs on Wednesday as investors digested a corporate earnings season that has seen the bulk...
Risk rally pauses as markets await signals on trade
Global stock markets steadied after a three-day rally on Wednesday as traders continued to watch incoming economic data and awaited new developments from U.S.-China trade...
Capri profit misses as Hong Kong protests hurt Versace sales
Capri Holdings Ltd missed Wall Street estimates for quarterly profit on Wednesday, as protests in Hong Kong and negative Chinese consumer reaction to an ‘incorrectly...
Boeing to invest $1 billion in global safety drive: sources
Boeing Co is planning an initial investment of around $1 billion into industry-wide pilot development as part of a long-term initiative to reduce risks like...
Keystone pipeline spill hardens landowner opposition to proposed expansion
A big oil spill from the Keystone Pipeline in North Dakota last week has hardened opposition to the controversial Keystone XL expansion among landowners along...
Oil prices decline on U.S. crude build, weak euro zone data
Oil prices declined on Wednesday, pulled down by a larger-than-expected build in U.S. crude stocks and weak euro zone economic figures, after gaining for three...
Investors left exposed as Trump’s SEC gives America Inc a helping hand
The United States’ top market cop is slowly taking the shackles off corporations....