In reversal, VW agrees to some diesel hardware refits: Spiegel
Volkswagen has agreed to fit older diesel vehicles with better catalytic converters, reversing its position and bowing to pressure that has mounted in the three years since an emissions cheating scandal, Spiegel Online reported on Thursday,
Apple, Amazon lead Wall Street higher
U.S. stocks gained on Thursday, boosted by high-flying shares of Apple and Amazon, and the Federal Reserve’s confidence in the strength of the economy as it raised rates for the third time this year.
Trudeau dismisses Trump’s NAFTA attack, says Canadians are tough
Canada’s Prime Minister Justin Trudeau on Thursday dismissed U.S. President Donald Trump’s criticism of the slow pace of talks to modernize the North American Free Trade Agreement, saying Canadians were tough negotiators.
H&M boosted by reassurance on pricing, new collections
Shares in H&M jumped more than 10 percent on Thursday after sales turned the corner in many of its markets as new collections proved popular and the fashion group said it would not need more price cuts to shift unsold clothing.
Oil rises as investors fret over Iranian supply gaps
Oil edged higher on Thursday, driven by the prospect of a shortfall in global supply once U.S. sanctions against major crude exporter Iran come into force in five weeks.
Accenture profit forecast falls short of estimates, shares slip
Accenture Plc’s profit forecast for the year fell short of estimates, overshadowing better-than-expected fourth-quarter revenue and profit and sending its shares down about 2 percent.
Alibaba and other China heavyweights eye Turkey assets after lira plunge: sources
Several large Chinese companies, including tech giant Alibaba , are actively looking at opportunities in Turkey and have met with Turkish firms after the lira’s sell-off has made local assets cheaper, sources familiar with the talks said.
Brazil’s Petrobras to pay $853 million U.S. fine in Car Wash probe
Petróleo Brasileiro SA will pay an $853.2 million fine to settle charges that former executives and directors of the state-run Brazilian oil company broke U.S. anti-corruption laws by bribing politicians and then seeking to conceal the payments, the U.S. Justice Department (DOJ) said on Thursday.
Jeff Bezos’s space startup to supply engines for ULA’s Vulcan rocket: WSJ
Amazon.com Inc founder Jeff Bezos’s space startup Blue Origin LLC has won a contract to supply engines for United Launch Alliance LLC (ULA), the Wall Street Journal reported on Thursday.
U.S. core capital goods orders fall; goods trade deficit widens
New orders for key U.S.-made capital goods fell in August after four straight months of strong gains, while shipments barely rose, but that will probably not change expectations of solid growth in business spending on equipment in the third quarter.
