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Conte says crucial to keep jobs, plants in Italy in FCA-PSA deal

Italy's Prime Minister Giuseppe Conte said that merger plan between Peugeot owner PSA and Fiat Chrysler Automobiles must keep jobs and factories in Italy, Italian media reported on Thursday.



4 years ago

Greek airline Sky Express partners with Qatar Airways

Greek airline Sky Express said on Thursday it had signed an agreement with Qatar Airways to cooperate on flights connecting Doha with the Greek islands, in a boost to the country's key tourism industry.



4 years ago

Price cuts, iPhone 11 timing drive Apple's uncertain China rebound: analysts

Apple Inc managed to largely stem a fall in China revenue in the September quarter thanks to the release-timing of the iPhone 11, a cheaper variant, and a bit of good luck, but analysts said the company's good fortunes might be shortlived.



4 years ago

Here's what every major analyst said about Apple's better-than-expected earnings report

The major Wall Street analysts said Apple's earnings report was better than they expected and are bullish on the company heading into the holiday season.

4 years ago

Encana plans move to the U.S., changes name

Canadian oil and gas producer Encana Corp said on Thursday it will redomicile to the U.S. and change its name to Ovintiv Inc.



4 years ago

Thomson Reuters operating profit tops Wall Street estimates

Thomson Reuters Corp , parent of the Reuters News agency, reported higher-than-expected quarterly operating profit on Thursday and affirmed its 2019 and 2020 estimates.



4 years ago

Bristol-Myers posts better-than-expected results, Opdivo growth slows

U.S. drugmaker Bristol-Myers Squibb Co reported higher-than-expected third-quarter profit on Thursday, helped by strong sales of blood thinner Eliquis, even as growth of its blockbuster cancer treatment Opdivo slowed.



4 years ago

SNC-Lavalin names Ian Edwards as CEO

SNC-Lavalin Group Inc said on Thursday it named interim head Ian Edwards as its chief executive officer.



4 years ago

Trade war fears are spoiling Apple's great quarter as stock is just slightly higher

The tech giant just reported stronger-than-expected earnings for the fourth quarter, but its stock is up only slightly.

4 years ago

Altria takes $4.5 billion charge as Juul investment sours amid vaping backlash

Altria Inc took a $4.5 billion hit from its investment in electronic-cigarette maker Juul Labs Inc on Thursday as it faced up to the financial fallout of a regulatory crackdown on the vaping industry this year.



4 years ago

Ukraine decries Nord Stream 2 approval, says it weakens Europe

Denmark's decision to approve the Nord Stream 2 gas pipeline, designed by Moscow to bypass Ukraine, strengthens Russia and weakens Europe, Ukrainian President Volodymyr Zelenskiy said on Thursday.



4 years ago

Lazard's profit falls amid slowdown in global dealmaking

Investment bank Lazard reported a 21% drop in third-quarter adjusted net income amid a slowdown in worldwide deal activity, though the decline was smaller than analysts had estimated as its financial advisory business stabilized.



4 years ago

Lazard axes 200 jobs after business review

Investment bank Lazard has axed about 200 employees after a review of its business, Chief Financial Officer Evan Russo said on Thursday.



4 years ago

Fiat Chrysler third-quarter operating profit tops expectations on North America

Fiat Chrysler on Thursday posted higher than expected operating earnings for the third quarter, lifted by its North-American business, as the carmaker heads to a merger with French rival PSA .



4 years ago

There's an Apple business growing at a 50% clip that's wowing Wall Street analysts

"Huge AirPod growth" helped drive Apple's earnings, Bernstein's Toni Soccanogahi said.

4 years ago