British American Tobacco , the world's no. 2 tobacco company by revenue, said on Wednesday a slowdown in the U.S. vaping market would result in slower growth in revenue from its "new categories" business that sells vaping products.
U.S. private equity firm Silver Lake has agreed to invest $500 million in the owners of English soccer champions Manchester City, valuing the Premier League club's owner at $4.8 billion.
Two of Australia's top shareholder proxy advisers on Wednesday urged investors to vote out more directors of Westpac Banking Corp after a money-laundering scandal claimed the CEO and chairman of the country's No.2 retail bank.
BMW management and labor have reached an agreement on measures to reduce costs that avoids "drastic measures", the German carmaker said on Wednesday.
Tesla Inc has received 250,000 orders for its electric pickup truck unveiled five days ago, Chief Executive Officer Elon Musk suggested in a tweet on Tuesday.
Asian shares rose on Wednesday and European stocks looked set for gains after U.S. President Donald Trump said negotiators were close to inking an initial trade deal, while expectations the Federal Reserve will keep rates low underpinned sentiment.
Private equity firm Silver Lake has agreed to make a $500 million equity investment into the owners of English soccer champions Manchester City, valuing the Premier League club's owner at $4.8 billion.
The owner of English Premier League champions Manchester City is selling a $500 million stake to private equity firm Silver Lake, valuing the soccer club's owner at $4.8 billion, the Financial Times reported on Wednesday, citing people with knowledge of the deal.
Two of Australia's top shareholder proxy advisers on Wednesday urged investors to vote out more directors of Westpac Banking Corp after a money-laundering scandal claimed the CEO and chairman of the country's No.2 retail bank.
Australian lender Westpac Banking Corp said on Thursday it would let investors withdraw their share purchase applications filed prior to the money laundering allegations made by financial crime watchdog AUSTRAC on Nov. 20.
Wall Street's main indexes closed at record levels for a third straight day in a muted volume session on Wednesday ahead of the Thanksgiving holiday, as fresh data pointed to an economy on solid footing, while investors remained cautiously optimistic about a resolution to U.S.-China trade tensions.
Australian lender Westpac Banking Corp said on Thursday it would let investors withdraw their share purchase applications filed prior to the money laundering allegations made by financial crime watchdog AUSTRAC on Nov. 20.
The Justice Department has closed an antitrust investigation into a trade group that includes Verizon and AT&T among its members and which had been criticized for making it harder for consumers to switch carriers.
The U.S. dollar rose and a gauge of global equities pushed closer to an all-time high on Wednesday after a batch of U.S. economic data brightened the economic outlook and investors remained bullish on the prospect of a U.S.-China trade accord.
Oil eased on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week, while gasoline stocks surged and production hit another record.