‘Rhetoric’ masks lack of progress on gender diversity in finance: UK watchdog
The number of women in senior roles at financial services firms in Britain has flatlined since 2005 despite diversity “rhetoric” from industry, according to research from the Financial Conduct Authority.
Heineken to invest $244 million in Brazil by 2020 to double capacity: paper
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 sees United States starting formal USMCA trade deal approval soon
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 record best first-half profit in a decade: report
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 beats estimates on postpaid user growth
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.
JLR parent posts smaller loss as China demand picks up
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.
Verizon beats estimates as it adds more postpaid users
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.
Airless tire makers hope for breakout moment with autonomous driving
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.
Wall Street Weekahead: Bond fund managers see risk Fed cuts rates to zero
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.
BMW CEO says trade war could cost U.S. jobs
BMW has told United States trade representatives, including Robert Lighthizer, that intensifying a global trade war could threaten jobs in South Carolina, Chief Executive Oliver Zipse said on Friday.
