News from Company & Economics

Turkish lira at weakest level in six months on election, U.S. strains

1 hour ago

The Turkish lira hit its weakest intraday level against the dollar since mid-October on Wednesday as...

election | Turkish | lira | Strains | Weakest |

UPDATE 1-UK cyber boss downplays threat of Five Eyes security rift over Huawei

1 hour ago

The head of Britain's cyber centre said governments in the Five Eyes intelligence alliance had not a...

Boss | Rift | Cyber | Downplays | Huawei | UK | security |

Norway's wealth fund calls for annual elections to Kellog's board

1 hour ago

Norway's $1.1 trillion sovereign wealth fund, the world's biggest, will support a shareholder propos...

Fund | elections | wealth | Annual | Norway |

Deutsche Bahn asks for expressions of interest in Arriva by May 3

1 hour ago

German railway operator Deutsche Bahn has asked potential suitors of its British unit Arriva to expr...

Arriva | expressions | interest | Bahn | Deutsche |

UPDATE 1-Aramco's bond is "only the beginning", Saudi energy minister says

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Saudi Aramco, the world's biggest oil producer, will remain active in the debt markets after its deb...

Minister | Aramco | bond | Saudi | energy |

UPDATE 2-Akzo Nobel shares fall as analysts question 2020 target

1 hour ago

Shares in Akzo Nobel fell 3 percent on Wednesday as the Dutch paints and coatings maker left analyst...

Question | Nobel | analysts | target | shares |

SoftBank to Invest $1 Billion in Payments Firm Wirecard

2 hours ago

Japan’s SoftBank Group plans to invest about $1 billion in Wirecard, forging a partnership that allo...

Payments | SoftBank | Billion | invest |

Credit Suisse's Revival Gathers Pace as Restructuring Bears Fruit

2 hours ago

Credit Suisse reported its strongest quarterly profit in more than three years aided by its global m...

Gathers | pace | Revival | bears | credit | restructuring | fruit | Suisse |

Global Stocks Waver After Earnings-Driven Jump

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Stock markets around the world paused after strong earnings propelled U.S. stocks to new highs.

driven | global | waver | earnings | jump | stocks |

Elliott discloses SAP stake, says it supports management strategy review

2 hours ago

Activist investor Elliott Management Corp said on Wednesday that it supported a management push at S...

management | SAP | strategy | Elliott | stake | supports | Discloses |

PRECIOUS-Gold slips towards 4-month low as robust dollar dents appeal

2 hours ago

* Nasdaq and S&P 500 hit record closing highs last session (Updates prices)

dollar | Robust | slips | Appeal | Precious | Dents |

UPDATE 1-Akzo Nobel Q1 core profit up 19 pct on higher prices

2 hours ago

Dutch paints and coatings maker Akzo Nobel on Wednesday met analyst expectations with a 19 percent i...

Profit | prices | Nobel | Q1 | higher | core | pct |

GLOBAL MARKETS-Asian shares fall despite strong Wall Street; oil retreats

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Equity markets in Asia faltered on Wednesday amid losses in South Korea and uncertainty over China's...

Asian | shares | retreats | oil | wall | global | markets | Strong |

UPDATE 2-SAP sets new mid-term profit targets after Q1 operating loss

2 hours ago

* Restructuring charge pushes SAP to Q1 operating loss (Adds share price context, comment on executi...

Loss | SAP | term | Profit | Q1 | targets | operating |

UPDATE 1-UK to block Huawei from core parts of 5G network - source

2 hours ago

Britain will block China's Huawei Technologies from all core parts of the 5G network and access to n...

Parts | Huawei | block | UK | 5G | core | Network | Source |

UPDATE 1-STMicro tightens its purse strings on weaker chip demand

2 hours ago

* Sees strong rebound in H2 from H1 (Adds details, background)

Weaker | chip | demand | purse | tightens | strings |

CORRECTED-Nikkei eases as caution sets in before earnings; Nissan plunges

2 hours ago

* Nissan plunges 4 pct; cuts earnings outlook after market close

eases | Corrected | Caution | Nissan | plunges | earnings | Nikkei |

CRH proposes further share buyback after strong Q1

2 hours ago

Ireland's CRH announced an additional 350 million euros in share buybacks and forecast growth for th...

Q1 | Buyback | Strong | Share | proposes |

Huawei welcomes reports UK will allow it into 5G networks

2 hours ago

China's Huawei said on Wednesday it welcomed reports that Britain would allow limited use of its equ...

5G | welcomes | UK | Huawei | networks |