Blackstone still analyzing merits of possible C-Corp switch: COO
Blackstone is still considering whether to convert to a corporation from a partnership and has been impressed by the stock performance of rival KKR & Co since it made the switch, President and Chief Operating Officer Jon Gray said on Thursday.
Trump slams EU over $5 billion fine on Google
U.S. President Donald Trump on Thursday criticized the European Union over a record $5 billion fine EU antitrust regulators imposed on Google, saying the bloc was taking advantage of the United States.
Boeing wins air show overshadowed by incognito jet orders
Boeing claimed victory on Thursday after outselling rival Airbus at this week’s Farnborough Airshow, where the world’s largest planemakers repeated last year’s comparable tally of around 900 firm and draft orders with the help of leasing industry dem…
Danaher sees one cent per quarter impact from U.S.-China tariffs
Danaher Corp said on Thursday it expects an earnings impact of a cent per quarter from the U.S.-China trade tariff dispute.
VW CEO Diess pushes for margin improvements: Manager Magazin
Volkswagen Group’s new chief executive Herbert Diess is pushing for faster margin improvements at its main Porsche, Audi and VW brands, German monthly Manager Magazin said.
Firmer U.S. dollar boosts corporate interest in currency hedging
By Saqib Iqbal Ahmed, Jessica DiNapoli and Caroline Valetkevitch
Comcast drops pursuit for Fox assets, to focus on Sky offer
Comcast Corp said it dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on Thursday and will focus on its offer for European pay-TV group Sky Plc .
U.S. weekly jobless claims hit more than 48-and-a-half-year low
The number of Americans filing for unemployment benefits dropped to a more than 48-1/2-year low last week as the labor market strengthens further, but trade tensions are casting a shadow over the economy’s outlook.
Comcast scraps Fox bid amid takeover battle with Disney
** Shares of Twenty-First Century Fox and UK’s Sky dip after Comcast says abandons bid for Fox assets
Dollar bulls charge as China grabs for stimulus levers
The dollar climbed to a one-year high but stocks wobbled and metal markets buckled badly on Thursday, as signs that China was resorting to credit-fuelled stimulus again helped drive down its currency.
