U.S. services sector activity hits three-year low; labor market solid
U.S. services sector activity slowed to a three-year low in September amid rising concerns about tariffs, the latest sign that trade tensions were eroding economic...
Some LSE investors call on Hong Kong exchange to up bid by 20%, add cash
Some London Stock Exchange investors have told Hong Kong Exchanges and Clearing (HKEX) that any bid must contain more cash and be up to 20%...
Apple chief says against ceiling on hiring of qualified migrants
Apple’s chief executive Tim Cook said on Thursday he was a “supporter” of immigration and was against any ceiling on the hiring of qualified migrants....
Banker defections pose challenge for Credit Suisse’s Thiam
The announcement by Julius Baer this week that it had hired five senior bankers from Credit Suisse underscores the challenge facing Chief Executive Tidjane Thiam...
In turbulent times, Tesco’s new boss has something to build on
When the little known Ken Murphy takes over next year as CEO of Tesco , Britain’s biggest retailer, he will inherit something current boss Dave...
Wall Street turns higher as services data lifts hopes of Fed rate cut
U.S. stocks turned positive in choppy trading on Thursday as U.S. services sector activity slowed to a three-year low, raising expectations of another interest rate...
Advertising blitz, sugar-free Gatorade drive PepsiCo profit beat
PepsiCo Inc benefited from an ad blitz in the third quarter, beating profit and sales estimates, as more health-conscious consumers bought its low-calorie beverages and...
Oil extends losses to near two-month low as economic gloom weighs
Oil fell more than 1% on Thursday, extending the week’s losses as markets were pressured by concerns about weakening global economic growth and oil demand,...
Trump says Chinese delegation coming to U.S. next week for trade talks
President Donald Trump said on Thursday a delegation from China would come to the United States next week for more trade talks....
Corona maker Constellation hit by pot investment loss
Constellation Brands Inc slid to a loss in the second quarter as the maker of Corona and Modelo beers booked millions of dollars in losses...