Oil slips further below $58 as economic gloom weighs
Oil slipped further below $58 a barrel on Thursday, pressured by concerns about global economic growth, oil demand and signs of excess supply despite OPEC-led...
Trade fears, growth woes haunt global stocks as bond yields slide
World stocks hovered near four-week lows on Thursday and yields on major benchmark bonds slipped after Washington moved to impose new tariffs on European goods,...
Ted Baker shares battered after CEO flags dire UK retail climate
Shares in Ted Baker shed more than a third of their value on Thursday, after the British fashion retailer’s second profit warning in four months...
As protests rack Hong Kong, China watchdog has Cathay staff ‘walking on eggshells’
Staff at Cathay Pacific Airways , Hong Kong’s flagship airline, are on edge....
Italy prosecutors open Netflix tax evasion investigation: source
Italian prosecutors have opened an investigation into alleged tax evasion targeting U.S. streaming service Netflix, a source with direct knowledge of the matter said on...
H&M shares surge after first quarterly profit rise in two years
H&M , the world’s second-biggest fashion retailer, reported on Thursday its first quarterly rise in pretax profit in more than two years and said efforts...
Ted Baker posts loss, warns on full-year results
British fashion retailer Ted Baker Plc reported a first-half pretax loss and warned of a slow start to the second-half of the year on Thursday,...
H&M third-quarter pretax profit rise beats forecast
H&M , the world’s second-biggest fashion retailer, reported on Thursday a rise in fiscal third-quarter pretax profit that beat market expectations and said sales grew...
UK to fly back another 5,000 people on Thursday after Thomas Cook collapse
The British Civil Aviation Authority (CAA) said 25 flights are scheduled to fly on Thursday to return another 5,000 people to the country in the...
Stocks on tenterhooks as U.S. recession signs build
A wake-up call from the U.S. heartland has spooked Wall Street by raising fears of a recession that will push equities into a correction....