Category Archives: News

Tech bounce leads Wall Street higher after two-day tumble

Wall Street rose on Friday following its worst two-day slide in eight months as technology and other high-growth stocks led a fight back, while early

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U.S. inflation slows in September, weekly jobless claims increase

U.S. consumer prices rose less than expected in September, held back by a slower increase in the cost of rent and falling energy prices, as

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Sears prepares to file for bankruptcy as early as Friday, sources say

Sears Holdings Corp is preparing to file for Chapter 11 bankruptcy protection as early as Friday, sources said on Wednesday, casting doubt over the future

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EU nations spar over cars emissions, climate goals

European Union nations, voicing worries over a U.N. report on global warming, were haggling on Tuesday over how ambitious to be in cutting vehicle emissions,

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EU bank watchdog examining Danish handling of Danske

Denmark’s financial watchdog faces an inquiry by the European Union’s banking supervisor into how it supervised Danske Bank , which last week said it was

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Telecom Italia CEO says board situation problematic, committed to job: paper

Telecom Italia (TIM) CEO Amos Genish said tensions between the company’s management, its board and shareholders were counterproductive, but said he was committed to staying,

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Italy works on extending Alitalia loan deadline: source

Italy is working on an extension of as much as six months to a Dec. 15 deadline for Alitalia to repay a 900 million euro

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Danske shares slide as U.S. criminal inquiry spooks investors

Danske Bank’s deepening money laundering scandal dragged its shares to a four-year low on Friday as Denmark’s biggest bank sought to calm investors over the

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Cadillac edges Tesla in semi-automated driving test

General Motors Co’s Cadillac outscored Tesla Inc in a new ranking of partially automated driving systems tested by Consumer Reports and released on Thursday.

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France to press General Electric on job pledges: minister

French Finance Minister Bruno Le Maire said on Wednesday he would press General Electric’s new chief executive to stick to French job creation pledges made

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