The egos disbanded? Bridging the great advertising divide
Traditional advertising groups hope that their creative flair will prevail against the technological clout of consultancies encroaching on their business, but there are signs the two sides of the divide are moving closer together.
S&P 500 edges lower on chip weakness, oil boosts energy stocks
The S&P 500 edged lower on Friday as chip stocks tumbled after weak forecasts from Nvidia and Applied Materials, but a recovery in oil prices for a third day lifted energy stocks.
Delta confirms new A330neo order, defers delivery of 10 A350s
U.S. carrier Delta Air Lines said on Friday it has deferred delivery of 10 Airbus A350 jets as it orders 10 of the cheaper A330neo long-haul models, confirming a Reuters report.
VW embarks on $50 billion electrification plan
Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday.
Volkswagen expects to be the most profitable maker of electric cars
Volkswagen Chief Executive Herbert Diess on Friday said he expected the multi-brand carmaking group to be the most profitable manufacturer of electric cars thanks to economies of scale.
Oil gains on talk of supply cut, but heads for week of losses
Oil rose on Friday on expectations that OPEC and its allies would agree to cut output next month but prices remained down on the week on concerns that the global market was oversupplied.
Delta defers 10 Airbus A350 jets, orders 10 A330neo: sources
U.S. carrier Delta Air Lines has deferred delivery of 10 Airbus A350 jets as it orders 10 of the cheaper A330neo long-haul models, people familiar with the matter said.
U.S. manufacturing production rises steadily in October
U.S. manufacturing output increased for a fifth straight month in October, shrugging off a sharp decline in motor vehicle production and suggesting underlying strength in factory activity despite signs of a slowdown in the sector.
Wall Street opens lower as Nvidia hammers tech stocks
U.S. stocks opened lower on Friday, as technology companies suffered sharp losses following disappointing forecasts from chip companies Nvidia and Applied Materials.
PG&E shares jump as regulator eases bankruptcy fears
Shares of embattled utility PG&E Corp jumped 40 percent on Friday as fears it could be bankrupted by the fallout of California’s deadly wildfires were eased by signs of support from one regulator for the company.
