Fiat Chrysler defies slowdown thanks to North America performance
Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its RAM pick-up brand...
Oil rises as market awaits U.S. Fed rate cut
Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will...
Spotify revenue beats but adds fewer-than-expected paid subscribers
Spotify Technology SA reported better-than-expected second-quarter revenue on Wednesday, but added fewer paid subscribers than estimated, sending its shares down 2.2% in trading before the...
GM faces declining sales and price wars in largest markets
General Motors Co’s investors will see on Thursday how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets when...
Futures drift higher on Apple results; Fed rate decision awaited
U.S. stock index futures edged higher on Wednesday, as trade worries eased after Apple reported upbeat earnings and forecast, while investors awaited an almost certain...
GE posts loss, takes Boeing hit but raises forecast; CFO to leave
General Electric Co swung back to a financial loss in the second quarter, as the cost of restructuring its ailing power business and the grounding...
Latest U.S.-China trade talks ‘constructive’, Beijing says
U.S. and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that Beijing described as “constructive”, including discussion of further purchases of...
Baker Hughes profit beats on higher international demand, LNG activity
Baker Hughes, General Electric Co’s oilfield services arm, reported a better-than-expected quarterly profit on Wednesday, helped by higher activity in LNG markets and rise in...
EssilorLuxottica sets sights on retail dominance with $8 billion GrandVision deal
EssilorLuxottica is buying Dutch opticians group GrandVision for up to 7.2 billion euros ($8 billion) in cash to take control of thousands of stores where...
Impossible Foods signs major meat supplier to make its plant-based burgers
Plant-based burger maker Impossible Foods on Wednesday announced a partnership with major meat supplier OSI Group [OSIGP.UL], a longtime producer of patties for fast-food chains,...