Procter & Gamble Co on Thursday posted quarterly sales that missed analysts' expectations for the first time in five quarters, hurt by weakness in baby and feminine care products such as Pampers diapers and Tampax tampons.
The dollar rose against the euro on Thursday after the European Central Bank left unchanged its key interest rates and stimulus programs and launched a broad review of its policy that was likely to see new President Christine Lagarde redefine the ECB's main goal and how to achieve it.
So many small things can derail your finances, and only lattes seem to come in for the loudest criticism. Lunches out, the occasional muffin, late fees and memberships you don't use all add up to less cash for vacations, gifts, retirement — whatever you wish you had more money for.
The European Central Bank launched a broad review of its policy on Thursday that was likely to see new President Christine Lagarde redefine the ECB's main goal and how to achieve it.
Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald's Corp's mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday.
The chief executive of Volkswagen said Luca de Meo, who stepped down as chief executive of the German carmaker's Spanish Seat brand this month, was probably in talks with French carmaker Renault .
The chief executive of Volkswagen told CNBC that Luca de Meo, who earlier this month stepped down as chief executive of the German carmaker's Spanish Seat brand, was probably in talks with Renault .
World shares fell on Thursday, led by the biggest decline in Chinese stocks in more than eight months, as concern mounted about the spread of a deadly virus in China.
Britain wants a trade deal with the United States but will impose a digital service tax on the revenue of companies such as Google, Facebook and Amazon, business minister Andrea Leadsom said on Thursday.
The Japanese yen strengthened and China's yuan fell to a two-week low on Thursday as investors grew more anxious about the spread of a virus in China, while the euro was calm ahead of the European Central Bank meeting.
Bill Miller came back with a bang in 2019, riding the stock market's relentless rally to record highs. He also thinks there may be more gains in 2020.
Australia's Westpac Banking Corp named a former Barclays boss as chairman on Thursday, entrusting veteran banker John McFarlane with the task of steering it through the country's biggest money-laundering scandal.
Britain will soon decide what role China's Huawei will have in its 5G telecommunications network but there are only a limited number of alternative providers, business minister Andrea Leadsom said on Thursday.
Siemens Chief Executive Joe Kaeser said he was seeing a more positive mood among the German engineering company's clients at the start of the year, he told CNBC on Thursday.
Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1% on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago.