Twenty-First Century Fox shares were up over 4% in early trading on Friday after sources said both Comcast and Verizon Communications were also interested in buying parts of its studio and TV operations.
Volkswagen’s leaders on Friday approved a five-year spending plan that aims to further the German automaker’s goal of transforming itself into a leading force in electric cars.
World stocks continued to claw back losses on Friday after spending much of the week in the red, boosted by signs of progress in U.S. tax reform and strong corporate results.
Dow Jones – Google, a unit of Alphabet, said on Friday that it plans to move in 2019 to a new Tokyo office big enough to double its staff. The company said it is also looking for new ways to use big data and machine learning in Japan, as well as expand its cloud services for companies.
Business software company SAP sees the potential for profit margins to hit bottom during the fourth quarter after three years of declines
Dow Jones – Volkswagen on Friday said that its Volkswagen brand had saved €1.9bn ($2.24 billion) through efficiency gains since signing an agreement with workers a year ago.
Kier Group, the UK property, construction and services company said in a trading update on Friday it had traded in line with forecasts in the period since 28 June and expected double-digit profit growth for the year
Shares in Singapore-listed bank DBS surged by 3.5% today after it mooted a major drive into the Hong Kong market.
Shares in outsourcing group Carillion tumbled on Friday after the company issued its second profit warning of the year, adding that it expected to breach its loan covenants
(Reuters) - Britain’s Nationwide Building Society reported a 4% fall in half-year profit on Friday, a second consecutive period of decline that it attributed to low interest rates and tough competition in the mortgage market
US clothing retailer Gap reported after US markets closed on Thursday that it expected full-year earnings to be in excess of previous forecasts following strong sales growth in the third quarter
Dow Jones – Tesla chief executive Elon Musk has unveiled the company’s first all-electric semi-trailer truck and a $200,000 super car, his latest attempt to stir excitement for his vision to upend transportation as the company struggles to mass-produce an affordable saloon.
(Reuters) - China Huishan Dairy Holdings Ltd, which earlier this month said it had come to an agreement with a majority of Chinese creditors on a debt restructuring, said it instructed lawyers to prepare for its provisional liquidation
Cisco Systems shares closed over 5% higher on Thursday, the day after it beat quarterly results expectations powered by gains in newer business segments.