The Economist | Schumpeter | Oct 26, 2019 MARGARET THATCHER, a grocer’s daughter from Grantham, knew a thing or two about selling. The privatisation of British Gas (BG) in 1986, on the back of an advertising slogan, “If you see Sid, tell him”, raised £9bn ($13bn), which at the time was the biggest-ever initial public
Verizon Communications Inc beat Wall Street estimates for third-quarter profit and revenue on Friday, as it signed up more phone customers who pay a monthly bill.
Makers of airless tires such as Japan's Bridgestone Corp. hope driverless cars will herald a breakthrough for their niche technology, which is more than a decade old but underperforms standard tires in every way except resistance to puncture.
Speculation the Federal Reserve will continue cutting interest rates well past its policy meeting next week is pushing some bond fund managers into assets ranging from short-term Treasury bills to half-paid off 15-year home mortgages.
Wall Street analysts were disappointed in Amazon's mixed quarter but told investors to buy the weakness in the stock.
Heineken , the world's second-largest brewer, will invest 985 million reais ($244 million) in Brazil to double its production capacity, CEO Mauricio Giamellaro told the Valor Econômico newspaper in an interview published on Friday.
Mexico's Deputy Foreign Minister for North America, Jesus Seade, said on Friday that he believes U.S. lawmakers will begin soon the formal process of approving the new United States-Mexico-Canada (USMCA) trade deal.
Wall Street firms recorded their best first half in a decade as profits rose 11%, but a slowdown in the global economy and ongoing trade tensions could hit earnings in the second half of 2019, according to a report from the New York State Comptroller.
Verizon Communications Inc beat Wall Street estimates for third-quarter profit and revenue on Friday, as the largest U.S. wireless carrier by subscribers signed up more mobile phone customers who pay a monthly bill.
Jaguar Land Rover owner Tata Motors posted a smaller-than-expected loss in the second quarter on Friday as a pick up in sales of its luxury car in China helped it ride out weak vehicles sales in India, its home market.
Here are the biggest calls on Wall Street on Friday
Argentina has given the go-ahead to Amazon.com Inc's Web Services division AWS to build an $800-million data facility in Buenos Aires, which would mark a massive investment for the company in South America, according to a provincial bulletin dated Oct. 24.
Mexico's Deputy Foreign Minister for North America, Jesus Seade, said on Friday he believes U.S. lawmakers will soon begin the process of approving the new United States-Mexico-Canada (USMCA) trade deal now that President Andres Manuel Lopez Obrador has vowed wage increases and funding for labor reforms.
Vale SA's chief executive said on Friday that a resumption in paying dividends or share buybacks would depend on progress in repairing the damage from its Brumadinho tailings dam collapse, which killed more than 250 people.
Anheuser-Busch InBev saw more than $13 billion wiped off its market value on Friday, after a profit warning and weaker-than-expected third-quarter earnings growth sparked by reduced demand for its beer in Brazil and South Korea.