A team from the International Monetary Fund (IMF) met Lebanese government officials on Thursday at the start of a visit to advise on how to tackle the country's crippling financial and economic crisis.
Swiss bank Julius Baer has been reprimanded by the country's financial watchdog for ignoring money laundering risks in handling millions of francs of payments linked to corruption in Venezuela and world soccer body FIFA.
Procter & Gamble Co said on Thursday its current-quarter revenue and profit would take a hit from supply chain disruptions and weak demand due to the coronavirus outbreak in China, the consumer goods company's second-biggest market.
Domino's Pizza Inc's shares soared 25% to a record high after the pizza chain comfortably beat quarterly U.S. same-store sales and profit estimates on Thursday, benefiting from its focus on faster delivery and new promotions.
The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus and weak business investment.
Oil prices rose further on Thursday after a U.S. report showed a draw in gasoline inventories and a much smaller-than-anticipated rise in crude stocks.
Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis.
French power utility Engie SA has approached Ameresco Inc , a U.S. provider of energy efficiency solutions and developer of renewable energy plants, to express interest in acquiring it, according to people familiar with the matter.
Fears that minimum wage increases for workers would crush small businesses and lead to job losses are overblown, according to the Q1 2020 CNBC|SurveyMonkey Small Business Survey.
Apple has become embroiled in a publishing row in Germany after it tried to halt sales of a book written by a former executive, saying it disclosed secrets about the App Store.
The strong dollar got stronger on Thursday, rising to a three-year high against a basket of trading partner currencies, after a steep slide in the Japanese yen called into question its safe-haven status while the rally in U.S. equities took a pause.
Unicredit Spa Chief Executive Officer Jean-Pierre Mustier has emerged as one of the main external candidates for the top job at HSBC Holdings Plc , Bloomberg reported on Thursday, citing sources familiar with the matter.
U.S. stock indexes fell about 1% on Thursday, dragged down by technology heavyweights, as investors fretted over a rise in the cases of coronavirus and its economic impact.
Many families assume they won't qualify for financial aid and don't even bother to apply. In fact, there is no income cutoff for eligibility.
L Brands Inc said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as it focuses on its core Bath & Body Works brand.