Asia stocks relieved by China export surprise, U.S. bonds face debt flood
Asian shares pared early losses on Thursday after Chinese exports proved far stronger than even bulls had imagined, while U.S. bond investors were still daunted...
Liberty Global, Telefónica agree 24 billion pound deal to merge UK groups: FT
The British units of Liberty Global Plc and Telefónica SA will merge in a deal worth 24 billion pounds ($29.57 billion), the Financial Times reported...
Frontier Airlines rescinds empty middle seat charge after lawmaker pressure
U.S. budget carrier Frontier Airlines withdrew on Wednesday a “More Room” policy that would have given passengers the option of paying extra to keep the...
Smithfield Foods to restart South Dakota pork plant from May 7
Smithfield Foods Inc will restart its plant in Sioux Falls, South Dakota from May 7 after being idled for more than three weeks due to...
Ford’s China ventures saw sales growth in April as market rebounds
U.S. automaker Ford Motor Co’s two ventures in China have reported year-on-year sales growth for April, indicating the world’s biggest auto market has started its...
U.S. reaches settlement to recover over $49 million involving Malaysia’s 1MDB: DOJ
The United States has reached a settlement to recover more than $49 million involving Malaysian sovereign wealth fund 1MDB, the Department of Justice said....
Asia stocks set to track soft Wall Street lead amid pandemic worries
Asian stocks were set to come under pressure on Thursday as downbeat economic data pushed investors to safe havens and growing worries about falling demand...
Peloton gets lockdown boost as home workouts drive exercise bike sales
Peloton Interactive Inc raised its forecast for full-year revenue on Wednesday as “stay at home” orders led to a surge in sales of the company’s...
T-Mobile beats phone subscriber estimates as lockdown creates demand surge
T-Mobile US Inc added more monthly bill paying phone subscribers than expected in the first quarter, thanks to a surge in demand for cheaper phone...
Fox Corp beats quarterly revenue estimates as TV viewership rises
Fox Corp beat Wall Street estimates for third-quarter revenue on Wednesday, as the media company benefited from a rise in television viewership with people staying...