At Brazil’s Petrobras, a ‘Chicago Boy’ takes the reins
Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil’s Petroleo Brasileiro SA , will either save the indebted oil major – or strip it to the bone.
Apple, China worries pummel Asian shares; ‘flash crash’ jolts currencies
U.S. stock futures fell and Asian shares stumbled on Thursday after a rare revenue warning from Apple Inc added to worries about slowing global growth and weaker earnings and jolted currency markets.
U.S. drugmaker J&J’s India sales dip 3 percent in 2017/18: filing
Johnson & Johnson’s sales in India dipped 3 percent in the year to March 2018, a regulatory filing showed on Thursday, as the U.S. drugmaker grappled with the country’s stringent medical device pricing policies.
Apple cuts sales forecast as China sales weaken; iPhone pricing in focus
Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations.
Oil drops as volatile markets, supply surge unsettle investors
Oil prices slipped on Thursday amid volatile currency and stock markets, and as analysts warned of an economic slowdown for 2019 just as crude supplies are rising globally.
Apple warning, China worries hit Asian shares; ‘flash crash’ jolts currencies
U.S. stock futures fell and Asian shares wobbled on Thursday after a rare revenue warning from Apple Inc added to worries about slowing global growth and weaker earnings.
Oil prices slide on supply surge, global market turmoil scares off investors
Oil prices fell on Thursday amid volatile currency and stock markets, and as analysts warned of an economic slowdown for 2019 just as crude supply is rising globally.
For Warren Buffett, sinking Apple shares a wish come true
Billionaire Warren Buffett has said he would love to see Apple Inc shares decline in price so he could buy more. He is getting his wish.
China gains cushion Asian shares after Apple jolt; flash crash hits currencies
U.S. stock futures fell on Thursday after a rare revenue warning from Apple Inc added to worries about slowing global growth, but a move by China’s central bank to help struggling smaller firms lifted shares there, cushioning losses for Asian markets.
Teva, Amgen end dispute over generic Cinacalcet HCl tablets
Teva Pharmaceutical Industries Ltd said on Thursday it will pay an undisclosed amount to settle an ongoing dispute with Amgen Inc over its generic Cinacalcet HCl product.
