U.S. yield curve flattens after ECB move; stocks mixed
The U.S. Treasury yield curve flattened on Thursday as the European Central Bank committed to leaving interest rates steady into the first half of 2020, while major world stock indexes were mixed following U.S. President Donald Trump’s fresh tariff thr…
Google to buy analytics software firm Looker for $2.6 billion
Alphabet Inc’s Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian.
Trade tensions may dent defensive armor of consumer staples stocks
Shares of consumer staples companies are commonly seen as a safe harbor among U.S. equities but may be more susceptible to the fallout from tensions between the United States and its trading partners than other defensive sectors such as utilities and r…
EU reviews Deutsche Bank, SocGen in screening of past money-laundering cases
The European Commission is reviewing past money-laundering cases at EU banks to assess what went wrong and decide possible tweaks to rules, an EU official said, citing Deutsche Bank and Societe General as among the screened lenders.
Exclusive: India plans to order taxi aggregators like Uber, Ola to go electric – documents
India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records of government meetings to discuss new rules for clean mobility.
JPMorgan to shutter its smartphone bank account a year after nationwide launch
JPMorgan Chase & Co said on Thursday it is closing down its smartphone bank account called “Finn”, which was aimed at young adults, a year after its nationwide launch.
VW’s Electrify America to build more EV chargers at Walmart stores
Volkswagen AG unit Electrify America will significantly expand its U.S. network of electric vehicle charging stations at Walmart Inc store locations with an emphasis on America’s heartland states, the two companies said on Thursday.
Ford to close engine plant in Wales in latest blow to UK car sector
Ford said it would close its plant in Bridgend, south Wales next year because of falling demand for some of its engines, putting 1,700 jobs at risk in a further blow to Britain’s once booming car industry.
France would consider any Renault deal respecting its interests: minister
The French government is open to tie-ups involving Renault as long as French industrial interests are protected, Finance Minister Bruno Le Maire said on Thursday.
Google to buy data analytics firm Looker for $2.6 billion
Alphabet Inc’s Google said on Thursday it would buy Looker, a big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian.
