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Renault cuts revenue goal after weaker first half

Renault warned that revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal.



5 years ago

Oil advances as geopolitical tensions offset slack demand

Oil prices edged higher on Friday on worries about Middle East tensions, though a flagging global economic growth outlook amid the U.S.-China trade war capped gains.



5 years ago

Renault cuts revenue goal as car industry misery spreads

Renault warned revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal.



5 years ago

Huawei's ties with partners FedEx, Flex fray on U.S.-China tensions

American delivery firm FedEx Corp likely withheld more than 100 packages of Huawei, a report said, while the Chinese tech giant also blamed U.S.-listed Flex for seizing its goods, as Sino-U.S. tensions further strain business ties.



5 years ago

Stocks stage tentative rebound after ECB disappointment

European stocks staged a tentative recovery on Friday as solid earnings at several U.S. companies helped investors overcome the disappointment of the European Central Bank's failure to deliver immediate policy easing.



5 years ago

Oil on track for weekly gain as Iran tensions support

Oil prices rose on Friday and were on track for a weekly increase as geopolitical tensions over Iran remained unresolved, although flagging prospects for global economic growth amid the U.S.-China trade war capped gains.



5 years ago

New auto safety technology leaves insurers in the dark

Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise control.



5 years ago

Alphabet says to continue talks with DoJ in antitrust review

Alphabet Inc on Thursday acknowledged a broader U.S. Department of Justice antitrust review of large technology firms and said it will continue to engage with the regulator.



5 years ago

Twitter revenue beats, sees rise in daily users viewing ads

Twitter Inc posted better-than-expected second-quarter revenue on Friday and an uptick in daily users who see advertisements on the site, driven by changes to show users more relevant content, sending its shares up nearly 5%.



5 years ago

Strong Alphabet, Intel earnings drive futures higher

Robust earnings from Google-owner Alphabet and Intel lifted U.S. stock index futures on Friday, as investors await data that is widely expected to show that the domestic economy grew at its slowest pace in over two years in the second quarter.



5 years ago

Huawei rolls out 5G phone and flags first Hongmeng device

Huawei Technologies [HWT.UL] on Friday released its first 5G phone in China and said it would soon launch smart TVs equipped with its own Hongmeng operating system.



5 years ago

Delaying Social Security and looking for guaranteed income? Here's one option

If a soon-to-be retiree wants to put off taking Social Security to let those benefits grow, a specific type of annuity sometimes can help.

5 years ago

U.S. economy misses Trump's 3% target in 2018

U.S. economic growth in 2018 missed the Trump administration's 3% target by any measure, which could renew criticism of the White House's $1.5 trillion in tax cuts.



5 years ago

McDonald's U.S. same-store sales top forecast on new deals, revamped stores

McDonald's Corp beat quarterly sales expectations at established U.S. restaurants on Friday, as the world's largest burger chain benefited from remodeled stores and new deals, including the 2 for $5 Mix and Match offer.



5 years ago
5 years ago