By John McCrank NEW YORK (Reuters) – The euro dropped more than 1% on Thursday, falling back below parity with…
Yellen says U.S. GDP data shows strength, but also healthy slowdown
By David Lawder CLEVELAND (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said new GDP data shows strength in…
Analysis-U.S. junk bond investors face tough choice as yields spike
By Matt Tracy and Shankar Ramakrishnan WASHINGTON (Reuters) – A sell-off in the U.S junk bond market is presenting investors…
Swedish Match recommends shareholders accept Philip Morris’ $16 billion offer
(Reuters) -Swedish Match AB on Thursday recommended its shareholders accept Marlboro maker Philip Morris International Inc’s raised $16 billion buyout…
Oil settles higher on strong crude demand, easing recession fears
By Laura Sanicola (Reuters) -Oil rose more than $1 a barrel on Thursday, extending the previous day’s rally of nearly…
Musk wants Twitter to be ‘most respected advertising platform’
(Reuters) -Elon Musk, who once tweeted “I hate advertising”, said he wants Twitter Inc to be “the most respected advertising…
Germany’s Continental announces $210 million Mexico expansion
MEXICO CITY (Reuters) – German auto parts maker Continental AG said on Thursday it will invest around 210 million euros…
Jury orders Ford to pay software company $105 million in trade secrets case
(Corrects date of verdict to Wednesday from Tuesday in second paragraph, with no other changes to headline or text) By…
Factbox-Who’s in and out in Credit Suisse’s day of reckoning
By Pamela Barbaglia (Reuters) – Credit Suisse’s latest shake-up has led to the promotion of some senior executives to more…
Food group Danone raises 2022 outlook as third-quarter sales beat expectations
By Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday raised its 2022 revenue growth forecast after its…