British luxury brand Burberry on Thursday said it has joined forces with China's Tencent for a new digital marketing and sales push to tap the nation's increasingly social media savvy shoppers in a critical luxury market.
Credit Suisse on Thursday noted that Tesla has nearly an 80% share of the U.S. market for electric vehicle.
Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. shale production in 2020 also provided some support.
Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the retailer picked up market share in food and other groceries.
Maxim downgraded Apple to sell from hold and set a 12-month price target of $190.
U.S. stock index futures slipped slightly on Thursday, a day after the S&P 500 and the Dow closed at record highs, as weak Chinese economic data and a dour forecast from Cisco rekindled fears of a global slowdown.
Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday and raised its full-year outlook as a strong economy boosted purchases at its stores and website and the retailer picked up market share in food and other groceries.
Spain's High Court on Thursday placed the former chairman of BBVA , Francisco Gonzalez, under investigation as part of a probe into an alleged spying case, a source with knowledge of the matter said.
U.S. stocks opened lower on Thursday as weak data from major economies and a dour forecast from Cisco rekindled worries of a global slowdown.
Wells Fargo & Co on Thursday said its general counsel Allen Parker, who was formerly interim chief executive officer, would step down in March 2020.
Ferrari on Thursday rolled out the Roma, a record fifth new model announced this year, as the Italian luxury carmaker with the famous "prancing horse" logo looks to sustain profit and share price growth.
Asda, the British supermarket arm of the world's biggest retailer Walmart , blamed lower sales in its latest quarter on Brexit uncertainty, saying it had negatively affected consumers' spending patterns.
U.S. producer prices increased by the most in six months in October, lifted by gains in the costs of goods and services, further bolstering the Federal Reserve's stance that it will probably not cut interest rates again in the near term.
Technology company IBM said on Thursday it will launch a new weather forecasting system which will be able to predict conditions up to 12 hours in advance and cover parts of the world which have not had access to such detailed data.
The number of Fidelity 401(k) plans with a balance of $1 million or more jumped to a record 200,000 in the third quarter of 2019.