A year after Canada legalized use of recreational marijuana cannabis stocks have lost half their market value, and investors betting that the launch of higher-margin pot-infused drinks and other products will quickly lift shares may be in for a bumpy ride.
China's industry ministry on Thursday said it has added Tesla Inc to a government list of approved automotive manufacturers, granting the manufacturing certificate that the electric vehicle maker needs to start production in the country.
Consumer goods giant Unilever reported weaker than expected third-quarter sales, citing softer demand in India and a slowdown in China, two of its biggest emerging markets.
Sterling faltered on fading hopes of a Brexit deal on Thursday, while a five-session rally in Asian stocks ran out of steam as weak U.S. retail sales fanned fears about the health of the world's biggest economy.
WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group Corp and its main lender JPMorgan Chase & Co , four people familiar with the matter said on Wednesday.
Domino's Pizza Group Plc , Britain's biggest pizza delivery company, said on Thursday it will exit its international markets, where it has been facing mounting losses.
French food and drinks multinational Danone is the latest company shaking up the world's $19 billion bottled water industry by switching some of its plastic bottles, which pollute oceans, to aluminum cans.
Global bottled water giants are ramping up trials of easily recyclable aluminum cans to replace plastic that pollutes the world's seas. Sound like a slam-dunk for the environment? Not entirely.
Food group Nestle plans to return up to 20 billion Swiss francs ($20.13 billion) to shareholders over the next two years and is making changes to its struggling waters business after organic sales growth dipped to 3.7% in the third quarter from 3.9% in the previous quarter.
Telecoms equipment maker Ericsson reported quarterly core earnings well ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger 5G market and currency effects.
Tesla Inc was added to a government list of approved automotive manufacturers, China's industry ministry said on Thursday, as it granted the electric-vehicle maker a certificate it needs to start production in the country.
British retailer WH Smith Plc said on Thursday it will buy Marshall Retail Group for about $400 million, betting that the American peer's network of stores at U.S. airports will help boost profits soured by turmoil on the British high street.
Qatar Airways CEO Akbar al-Baker said his airline would consider lifting its 10% stake in LATAM Airlines Group SA if the opportunity came up - comments which come after Delta Air Lines Inc agreed last month to buy 20% of the Chilean carrier.
The boss of Pernod Ricard said on Thursday that trade tariffs that will apply to single malt Scotch and Spanish wine from Oct. 18 will have a "significant" impact on Pernod Ricard in the United States.
Telecoms equipment maker Ericsson beat quarterly core earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020, saying demand for superfast 5G networks was taking off earlier than expected.