Walmart partners with four more grocery delivery companies
Walmart Inc said on Thursday it has partnered with another four companies as part of its goal of offering grocery home delivery in more than 100 U.S. cities.
Hitachi debacle strengthens Franco-Chinese hand in UK nuclear
Hitachi’s decision to freeze its $28 billion nuclear power project in Britain strengthens the hand of France’s EDF and its Chinese partner in talks with the government on how to finance new reactors.
U.S. stocks edge up on defense, healthcare gains; pound firms
Gains in defense shares as well as healthcare helped to keep U.S. stocks in positive territory on Thursday, while an end to the latest chapter in Britain’s exit from the European Union, Prime Minister Theresa May’s defeat of a confidence vote, lifted s…
Fossil to sell smartwatch technology worth $40 million to Google, shares rise
Fossil Group Inc said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Alphabet Inc’s Google for $40 million, sending the watchmaker’s shares up as much as 11 percent.
Indian air safety watchdog orders extra checks on planes with Pratt & Whitney engines
India’s air safety watchdog on Thursday directed airlines to make extra checks on their Airbus A320neo aircraft fitted with Pratt & Whitney engines as part of new safety protocols after temporary grounding orders affected the planes last year.
Banca Carige questions Fitch’s downgrade
Banca Carige on Thursday challenged a downgrade by ratings agency Fitch, saying it reserved the right to ask authorities to look into the “anomalous” move.
ECB concerned by reports Spanish bank BBVA hired firm to spy in 2004: sources
The ECB has expressed concerns over reports that Spanish bank BBVA hired a former police chief in 2004 to spy on a would-be buyer and some of its officials have discussed it with the bank, a source with knowledge of the situation told Reuters.
Health, defense stocks help Wall St grind higher
U.S. stocks eked out gains on Thursday to consolidate near a one-month high, helped by advances in healthcare and industrial shares and as the financial sector shrugged off Morgan Stanley’s disappointing earnings.
Hedge fund pushes for share buyback at Gulfport to boost stock price
Firefly Value Partners said on Thursday that it wants Gulfport Energy Corp. to buy back $500 million worth of shares, an action the hedge fund argues could help double the stock price of the natural gas and oil company.
Before start of new oil pact, OPEC made progress averting glut
OPEC cut oil output sharply in December before a new accord to limit supply took effect, it said on Thursday, suggesting that producers have made a strong start to averting a glut in 2019 as a slowing economy curbs demand.
