Thursday 1 November 2018

Exclusive: France's Perenco, Russia's Gazprombank are firms named in Venezuela graft case - source

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Exclusive: France's Perenco, Russia's Gazprombank are firms named in Venezuela graft case - source

Anglo-French oil company Perenco and Russian financial firm Gazprombank are the two companies identified in testimony by a former Venezuelan state oil company official as having payed millions of dollars in bribes, a source with knowledge of the matter said on Thursday.

UPS to halt pickups for heavy items ahead of union vote

United Parcel Service Inc has warned customers that it will stop picking up shipments of heavy items starting next Wednesday to avoid any potential freight disruptions ahead of a union vote on Nov. 11, the company said on Thursday.

Apple gives cautious sales forecast amid weakness in emerging markets

Apple Inc on Thursday said sales for the crucial holiday quarter could miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets, foreign exchange costs and uncertainty whether the iPhone maker can keep up with demand for new products.

CBS third-quarter revenue, profit tops estimates

TV broadcaster and media company CBS Corp beat analysts' estimates for third-quarter revenue and profit on Thursday, boosted by strong advertising sales and higher digital subscriptions.

Google workers around the world protest its corporate culture

Thousands of Google employees and contractors staged brief midday walk-outs on Thursday at offices across Asia, Europe and North America to protest sexism, racism and unchecked executive power in their workplace.

Starbucks global same-store sales rise more than expected, shares surge

Starbucks Corp reported a better-than-expected rise in quarterly sales at established cafes on Thursday, helped by strong growth in the United States and a rebound in China, sending its shares up more than 8 percent.

Global stocks begin November stronger, lifted by results, trade war progress

World equity markets began November with a broad rally on Thursday after a brutal October, boosted by strong corporate earnings and signs that a trade war between economic giants, China and the United States, could be contained.

Failing? No, says New York Times after online boost

The New York Times Co , assailed by a U.S. president who brands it as "failing," signed up more than 200,000 paying online subscribers in the third quarter, helping it top Wall Street estimates for both profit and revenue.

Wall Street climbs for third day, trade optimism helps

U.S. stocks rose for a third straight session on Thursday as President Donald Trump said trade talks with China were "moving along nicely," reviving hopes that the two countries can resolve their trade dispute.

U.S. charges financier, former Goldman bankers for 1MDB

U.S. prosecutors unveiled criminal charges on Thursday against two former Goldman Sachs bankers and Malaysian financier Low Taek Jho tied to the alleged theft of billions from Malaysian sovereign wealth fund 1MDB.

Barclays picks Rothschild veteran Nigel Higgins as next chairman

Barclays Plc said on Thursday that Nigel Higgins, the deputy chairman of Rothschild & Co , has been appointed to succeed John McFarlane as the company's chairman.

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