ABB’s Voser battles headwinds as he pursues overhaul
ABB is pressing ahead with a review of its underperforming businesses and expects a turbulent 2019 amid a slowdown in some markets and China-U.S. trade...
PepsiCo’s mini-sized sodas boost quarterly results
PepsiCo Inc’s quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks...
U.S. to provide licenses for sales to Huawei if national security protected
The U.S. Department of Commerce will issue licenses to U.S. companies seeking to sell to Chinese telecoms equipment giant Huawei Technologies Co Ltd where there...
Wall Street opens lower on trade war fallout concerns
U.S. stocks opened lower on Tuesday, weighed down by worries over the impact of a protracted U.S.-China trade spat on company earnings and lowered expectations...
PepsiCo’s core soda brand, chips boost quarterly results
PepsiCo Inc’s quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks...
Richard Branson’s Virgin Galactic to launch IPO by end of the year
British billionaire Richard Branson’s Virgin Galactic plans a stock market listing by the end of the year, becoming the first space tourism firm to tap...
Deutsche Bank in partnership talks with SoftBank-backed OakNorth: source
Deutsche Bank is in talks with SoftBank-backed British fintech firm OakNorth to use the latter’s credit analysis and monitoring platform, a source with knowledge of...
Doubts over Deutsche Bank turnaround plan dent shaky shares
Deutsche Bank shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning...
Oil edges up as supply concerns offset trade disputes
Oil edged further above $64 a barrel on Tuesday as OPEC supply cuts and Middle East tensions countered the U.S.-China trade dispute that has been...
Aramco awards $18 billion in contracts to boost capacity at Marjan, Berri oilfields
Saudi Aramco has awarded 34 contracts with a total value of $18 billion for engineering, procurement and construction projects at its Marjan and Berri oilfields,...