Huawei hails own apps in Mate 30 challenge to iPhone 11
Huawei directly challenged Apple’s new iPhone 11 with its new Mate 30 smartphone range on Thursday, highlighting its own apps brand while sidestepping the critical issue of access to Google services.
Ryanair’s O’Leary wins bonus approval as pilots face axe
Ryanair’s Chief Executive Michael O’Leary narrowly secured approval from shareholders on Thursday for a bonus scheme that could earn him 100 million euros over five years as he revealed up to 700 pilots could lose their jobs.
Walmart chief to chair CEO group Business Roundtable
Walmart Inc Chief Executive Officer Doug McMillon will chair the Business Roundtable, the CEO trade group.
BMW CFO wants to cut 5,000-6,000 jobs by 2022: Manager Magazin
BMW’s finance chief Nicolas Peter wants to cut between 5,000 and 6,000 jobs by 2022, mostly at the carmaker’s Munich headquarters, a German magazine reported on Thursday.
U.S. labor market remains strong, manufacturing still weak
The number of Americans filing applications for unemployment increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace.
Microsoft, energy stocks lift Wall Street at open
U.S. stocks opened higher on Thursday, boosted by Microsoft Corp and energy stocks, a day after the Federal Reserve cut rates as expected but played down hopes of further monetary easing.
France, Germany at odds over pace of response to global slowdown
France and Germany are agreed on a strategy to respond to a global economic slowdown at a time of international trade problems but differ over how fast to move, French Finance Minister Bruno Le Maire said on Thursday.
Deutsche Post hikes parcel prices for more businesses
Deutsche Post DHL will hike parcel prices next year for business customers with individually agreed conditions due to rises in transport and labor costs, the German logistics group said on Thursday.
Deutsche Bank appoints executive body to steer domestic retail business
Deutsche Bank has appointed a new executive committee to help to oversee its German retail business as part of the lender’s broader overhaul.
Huawei takes on Apple’s new iPhone 11 with Mate 30 range
Huawei [HWT.UL] launched its Mate 30 smartphone range on Thursday in a challenge to Apple’s new iPhone 11, saying the Chinese firm’s new devices were more compact, their cameras superior and wraparound screens brighter.