LSE Group considers overhaul of MTS business in Italy: sources
London Stock Exchange is mulling an overhaul of its Italian business MTS ahead of a potential merger with data provider Refinitiv, two Italian sources with knowledge of the situation said on Thursday.
U.S. consumer inflation tame, labor market still tightening
U.S. consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid risks to the economy from trade tensions.
Google secures two Android phone makers’ backing in fight against EU antitrust order
Alphabet unit Google’s fight against a record EU antitrust fine related to its Android mobile software received a boost after Europe’s second-highest court allowed Android phone maker Gigaset and HMD Global Oy to intervene in the lawsuit.
Trade deal hopes lift Wall St for second straight session
U.S. stocks rose by about 1% for the second straight day on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple’s shares lifted the technology sector.
Apple pulls app used to track Hong Kong police, protesters
Apple Inc has removed an app that helped Hong Kong protesters track police movements, saying it was used to ambush law enforcement, following sharp criticism of the U.S. tech giant by a Chinese state newspaper for allowing the software.
Stocks rise, dollar slides, with eyes on U.S.-Sino trade talks
Stocks were near session highs on Thursday after U.S. President Donald Trump said he would meet with China’s top trade negotiator on Friday, while oil rose as OPEC pledged a decision on supply at its December meeting.
Boeing says cracks found on 38 of 810 737 NG jets inspected globally
Boeing Co said on Thursday that airlines had inspected 810 of the company’s 737 NG jets around the world and found 38 structural cracks requiring repair and replacement of the affected parts.
American Airlines restructures operations and commercial teams
American Airlines Group Inc said on Thursday it would restructure its operations and commercial teams and announced a host of new appointments as the No. 1 U.S. airline increases focus on revenue growth and network expansion.
LVMH eases luxury sector fears of major Hong Kong hit
A strong sales update from LVMH boosted stocks across the luxury goods sector on Thursday, as months of unrest in Hong Kong proved less of a drag on the Louis Vuitton owner in the third quarter than expected.
Roche billionaire board member says short-term profit hunger ‘destroyed the planet’
A member of Swiss drugmaker Roche’s controlling family said on Wednesday that short-term profit maximization has “destroyed the planet” and the world needs a new breed of capitalism putting long-term interests first.
