Brazilian state-controlled lender Banco do Brasil SA sees its profits likely to grow 10% in 2020 from this year, its Chief Financial Officer Carlos Hamilton Araujo said on Thursday in a meeting with analysts.
Peugeot maker PSA Group is preparing to sell its 50% stake in a joint venture with Chongqing Changan Automotive , a Chinese partner also exiting the manufacturing tie-up, a spokesman for the French carmaker said on Thursday.
Hedge funds control 35-45% of the shares of German lighting group Osram , posing a headache for Austrian suitor AMS as the investors may press for the $5 billion offer to be sweetened, a person close to the matter said on Thursday.
Brazilian state-controlled lender Banco do Brasil SA sees its profits likely growing 10% in 2020 from this year, its Chief Financial Officer Carlos Hamilton Araujo said on Thursday in a meeting with analysts.
Oil prices ended mixed on Thursday, with U.S. prices rebounding modestly from concerns that arose from U.S. President Donald Trump signing into law a bill backing protesters in Hong Kong, fuelling tensions with China.
Global shares ticked up on Friday, but hesitated to test an all-time peak as investors worried a new U.S. law backing Hong Kong protests could derail Washington's and Beijing's efforts to end their trade war.
Stuffed with turkey after Thanksgiving feasts, shoppers headed out to stores across the United States in a quest to score the best Black Friday discounts, with early promotions marking the start of a condensed holiday shopping season.
Asian markets slipped on Friday leaving global shares just short of an all-time peak as investors turned cautious, fearing a new U.S. law backing Hong Kong protesters could torpedo efforts to end the U.S.-China trade war.
China's Ministry of Transport said car-pooling services have to limit the daily number of rides drivers can offer through apps such as Didi Chuxing's Hitch, which began trial operations this month a year after passenger deaths left the service suspended.
U.S. consumer spending rose steadily in October, suggesting the economy will probably maintain its moderate pace of growth in the fourth quarter.
Eleven drugmakers led by Pfizer and Novartis have set aside a combined $2 billion to invest in gene therapy manufacturing since 2018, according to a Reuters analysis, in a drive to better control production of the world's priciest medicines.
CEOs are worried about delivering earnings growth amid increasingly uncertain times.
Orders for Tesla Inc's electric pickup Cybertruck are inching closer to the record set by the company's Model 3 sedans in 2016, with company head Elon Musk signaling 250,000 customers have now lined up to buy the new vehicle less than a week after its launch.
Oil fell about 1% on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged, but optimism that a U.S.-China trade deal would be reached soon limited losses.
The fuselage of Boeing Co's upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, the Seattle Times reported on Wednesday.