Oil steady in face of contradictory signals
Oil prices were broadly steady on Friday as concern over slower growth in China, the world’s biggest oil importer, was countered by bullish signals from...
Walmart’s Asda agrees $4.9 billion Rothesay Life pension deal
Walmart’s Asda has agreed a 3.8 billion pounds ($4.9 billion) ‘buy in’ with Rothesay Life to secure the benefits for 12,300 members of one of...
Wall Street tracks flat open as earnings counter China data gloom
Wall Street was set to open flat on Friday, as upbeat earnings reports calmed nerves about the global economy after China expanded at its weakest...
Zero-sugar sodas, smaller soft drink cans drive Coca-Cola revenue beat
Coca-Cola Co beat Wall Street estimates for quarterly revenue on Friday as customers took to smaller-sized cans of its sodas, including Coca-Cola Zero Sugar, prompting...
Kansas City Southern profit beats on increased petroleum shipments to Mexico
Railroad operator Kansas City Southern on Friday reported a better-than-expected quarterly profit, helped by an increase in refined fuel products and liquid petroleum gas shipments...
Shares sapped by poor China growth, dollar gets weekly mauling
World stocks flatlined after China posted its weakest growth in nearly three decades on Friday, while the dollar headed for its worst week in almost...
American Express profit beats Wall Street estimates on higher consumer spending
Credit card issuer American Express Co reported a higher-than-expected rise in third-quarter profit on Friday, as more people used cards to shop, pay bills and...
American Express quarterly profit rises 6% on higher consumer spending
Credit card issuer American Express Co reported a 6% rise in third-quarter profit on Friday, as more people used cards to shop, pay bills and...
Tesla’s Nuerburgring run revs up debate over speed records
Tesla Inc’s attempts to humble Porsche with a new lap record on Germany’s legendary Nordschleife racetrack have reignited a controversy about the value of lap...
EU will hit U.S. in time with tariffs over Boeing: Malmstrom
The European Union will impose its own tariffs “in due course” in its WTO dispute over aircraft subsidies after the United States hit EU imports...