[ad_1] (Reuters) – When Apple Inc (AAPL.O) reports results on Wednesday, Wall Street expects flat fiscal fourth-quarter sales and lower full-year revenue compared with the prior year, mostly because of declining iPhone sales. Yet Apple’s
Fiat Chrysler and Peugeot in talks over potential $50 billion tie-up
[ad_1] MILAN/PARIS (Reuters) – Talks between Fiat Chrysler (FCHA.MI) and Peugeot owner PSA (PEUP.PA) over a potential tie-up that could create a $50 billion (£39 billion) car giant gathered pace on Wednesday, with one source
Fed expected to cut rates, but resilient economy may signal pause ahead
[ad_1] NEW YORK/WASHINGTON (Reuters) – The Federal Reserve is expected to reduce interest rates on Wednesday, but new data showing resilient U.S. economic growth may make that rate cut the last for now. FILE PHOTO:
Trio of buyers rescues Thomas Cook’s Nordic business
[ad_1] Norwegian investor Petter Stordalen poses for a picture after a news conference at Ving’s headquarters in Stockholm, Sweden October 30, 2019. TT News Agency/Janerik Henriksson via REUTERS STOCKHOLM/COPENHAGEN (Reuters) – Norwegian investor Petter Stordalen
GSK lifts annual profit forecast after third quarter beat on vaccines strength
[ad_1] FILE PHOTO: The GlaxoSmithKline (GSK) logo on top of GSK Asia House is seen through vertical louvres in Singapore, March 21, 2018. REUTERS/Loriene Perera (Reuters) – GlaxoSmithKline Plc (GSK.L) on Wednesday raised its annual
Fed and $50 billion auto merger plan temper share price pullback
[ad_1] LONDON (Reuters) – World shares slipped off 21-month highs on Wednesday as the prospect of a U.S. rate cut was offset by reports a Sino-U.S. trade deal may be delayed, though a possible $50
Nokia hires 350 workers to speed up 5G development
[ad_1] HELSINKI (Reuters) – Telecom network equipment maker Nokia (NOKIA.HE) has hired hundreds of engineers in Finland this year to speed up its 5G development, the company said on Wednesday. FILE PHOTO: Headquarters of Finnish
Apple mobilises suppliers to unveil first 5G iPhones – Nikkei
[ad_1] The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/Files (Reuters) – Apple Inc (AAPL.O) is mobilizing
Global growth slowing, modest drag on U.S.: Treasury’s Mnuchin
[ad_1] FILE PHOTO: Secretary of the Treasury Steven Mnuchin in Washington, U.S., September 12, 2019. REUTERS/Sarah Silbiger. RIYADH (Reuters) – Global growth is slowing and has modestly impacted the United States, U.S. Treasury Secretary Steven
French third-quarter growth beats expectations, domestic demand supports
[ad_1] The financial district of La Defense with the Arche, the headquarters of Areva, Societe Generale and Edf is seen during sunset near Paris, France, March 5, 2019. REUTERS/ Christian Hartmann/Files PARIS (Reuters) – French