Viacom beats quarterly revenue, profit estimates as ad revenue rebounds
Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon, beat estimates for quarterly revenue and profit on Thursday, as it posted rare growth in domestic advertising revenue after about five years of declines.
Viacom beats quarterly revenue estimates
Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon, beat estimates for quarterly revenue on Thursday, helped by a rare growth in domestic advertising revenue.
Bayer buys BlueRock in $600 million bet on stem cell therapies
German drugmaker Bayer is paying up to $600 million for full control of cell therapy developer BlueRock Therapeutics, stepping up investment in a promising new medical area to revive its drug development pipeline.
Apple faces investigation for suspected unfair competition in Russia
Apple is under investigation in Russia following a complaint from cybersecurity company Kaspersky Lab and may be abusing its dominant market position, Russia’s anti-monopoly watchdog said on Thursday.
Stock markets find a floor as Chinese data soothe nerves
Stock markets enjoyed a tentative recovery on Thursday after better-than-expected Chinese export data and a steadying of the yuan restored some calm to global markets.
Honda to recall 222,674 Accord vehicles in China
Honda Motor Co Ltd’s venture with Guangzhou Automobile Group Co Ltd will recall 222,674 Accord sedans in China, market regulators said on Thursday, after recent complaints on social media about the car engine’s quality.
Salesforce to buy Israel’s ClickSoftware for $1.35 billion
U.S. cloud-based service provider Salesforce agreed to buy U.S.-Israeli software developer ClickSoftware for $1.35 billion in cash and shares, in a bid to accelerate growth of its cloud-based products to manage customer service operations.
Equinor’s power and gas trading unit expands to the United States
Danske Commodities, a power and gas trading firm owned by oil major Equinor , has expanded its operations to the United States, completing its first trade on the PJM wholesale power market, it said on Thursday.
Apple under investigation for unfair competition in Russia
Apple is under investigation in Russia following a complaint from cybersecurity company Kaspersky Lab and may be abusing its dominant position in smartphone apps, Russia’s anti-monopoly watchdog said on Thursday.
Asia stocks find solace in China trade surprise, yuan’s fix
Asian shares were trying to piece together a rally on Thursday as Beijing reported surprisingly solid trade numbers while also limiting the fall in its yuan, offering a brief respite from fears of a global currency war.
