Thomson Reuters sales rise 9%, raises outlook
Thomson Reuters Corp on Thursday reported a 9% rise in quarterly sales compared to the same period a year ago, while also raising its forecasts for the next two years.
Thomson Reuters Corp on Thursday reported a 9% rise in quarterly sales compared to the same period a year ago, while also raising its forecasts for the next two years.
London Stock Exchange said on Thursday it had agreed to buy financial information firm Refinitiv in a $27 billion deal that will transform the British company into a market data and analytics giant.
Hugo Boss expects full-year sales and earnings to come in at the lower end of its forecasts due to challenges in the U.S. market, despite strong sales growth in China, the German fashion house said on Thursday.
BMW stuck to its outlook even as second-quarter earnings fell 20%, hit by currency headwinds and the rising cost of manufacturing electric and hybrid cars to help the carmaker meet stricter emissions limits.
South Korean chipmakers are hitting a dead end in their quest to find alternatives for key Japanese materials that have been slapped with export restrictions, raising the prospect of major disruption to their operations in the coming months.
London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant.
Asian shares slipped to six-week lows on Thursday while the dollar jumped to two-year highs as the U.S. Federal Reserve rattled markets by signaling that its first rate cut in more than a decade was not the start of a lengthy easing cycle.
Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and Sino-U.S. talks ended without apparent progress toward resolving a bitter trade dispute.
Amazon.com Inc is in exploratory talks with Reliance Industries Ltd's retail unit to buy an up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported on Thursday.
Thomson Reuters Corp raised its sales and core profit outlook for 2019 and 2020 on Thursday after reporting 4% organic revenue growth for the second quarter, which it said was its best since 2008 and ahead of its expectations.
Chinese and U.S. working teams will be in intensive contact this month to prepare "good groundwork" for the next round of face-to-face trade talks in September, the commerce ministry said on Thursday.
The dollar charged to its highest in more than two years on Thursday after the Federal Reserve spoiled hopes of a run of U.S. interest rate cuts.
BMW's Chief Executive Harald Krueger on Thursday said he hoped that British Prime Minister Boris Johnson would consider business interests as he prepares to negotiate Britain's exit from the European Union.
Britain's London Stock Exchange has agreed to buy financial information provider Refinitiv in a $27 billion deal aimed at offering trading across regions and currencies and positioning the company as a competitor to Bloomberg.
Oil dropped below $65 a barrel on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and as rising U.S. output helped keep the market well supplied.