German court begins protection proceedings for Thomas Cook’s Condor
Germany’s Condor, which is owned by British travel operator Thomas Cook, said on Thursday that a Frankfurt court had begun investor protection proceedings that should...
WTO to back around $7.5 billion U.S. tariffs on EU over Airbus aid: sources
The United States has been granted approval to impose tariffs on European Union goods with an annual trade value of around $7.5 billion after some...
British Airways owner says pilot strikes to hit profit
British Airways parent IAG warned on Thursday that full-year profit will be hit by a pilots’ strike at the UK carrier and weaker sales by...
Fiat’s Maserati to invest at least 1.6 billion euros to launch new models
Fiat Chrysler’s luxury brand Maserati will invest at least 1.6 billion euros ($1.75 billion) to produce its first hybrid and electric models, including a new...
Accenture forecasts first-quarter revenue below estimates as dollar weighs
Global IT consulting giant Accenture Plc blamed a stronger dollar as it forecast first-quarter revenue below analysts’ estimates on Thursday....
Weak U.S. business investment, tepid profits cast shadow on economy
U.S. business investment contracted more sharply than previously estimated in the second quarter and corporate profit growth was tepid, casting a shadow on an economy...
Wall Street eyes tepid opening as political woes loom
U.S. stock index futures pared early gains on Thursday as investors assessed fresh developments related to an inquiry for the impeachment President Donald Trump....
Thyssenkrupp proceeds with elevator sale after CEO switch: sources
Thyssenkrupp will weed out some potential suitors for its elevator unit within the next two weeks, two people familiar with the matter said, as the...
Samsung to offer financing to help to boost India smartphone sales
Samsung Electronics is to provide finance to potential smartphone buyers, a company executive said on Thursday, in a bid to boost smartphone sales in India...
U.S. weekly jobless claims rise marginally
The number of Americans filing applications for unemployment benefits rose moderately last week, pointing to sustained labor market strength....