Accenture’s revenue, profit top estimates on digital services growth
(Reuters) – Accenture Plc’s quarterly profit and revenue topped Wall Street targets, as the consulting and outsourcing services provider benefited from investments in digital and cloud services.
Casino mogul Steve Wynn lowers stake in Wynn Resorts to 7.8 percent
(Reuters) – Steve Wynn, the former chief executive of Wynn Resorts Ltd , has sold some shares in the company, lowering his stake in the casino operator to about 7.8 percent from 11.78 percent, according to a regulatory filing on Thursday.
World’s top wealth fund says opposed Musk’s $2.6 billion pay deal
OSLO (Reuters) – The world’s largest sovereign wealth fund opposed Elon Musk’s potential $2.6 billion payout from electric carmaker Tesla , the fund said on Thursday.
Dollar, shares buffeted by trade war worries
LONDON (Reuters) – The threat of a global trade war and a steady message from the Federal Reserve on U.S. interest rates pushed the dollar to its lowest in over a month on Thursday and took Europe’s main share markets into the red.
Future of TV in balance as AT&T, Time Warner plead merger case
WASHINGTON (Reuters) – Fans will be glued to the “March Madness” college basketball tournament as the joint owner of rights for the games, Time Warner Inc, goes before a judge on Thursday to defend a proposed takeover by AT&T Inc.
GSK’s bid in focus as Reckitt quits Pfizer consumer health auction
NEW YORK/LONDON (Reuters) – British consumer goods group Reckitt Benckiser Group has pulled out of discussions with Pfizer Inc over buying its consumer healthcare business, strengthening the hand of British drugmaker GlaxoSmithKline Plc .
Malta freezes Pilatus bank’s operations after chairman’s arrest
FRANKFURT (Reuters) – Malta’s regulators have imposed a freeze on the business of Pilatus Bank after its chairman’s arrest on charges of breaking U.S. sanctions prompted a fresh wave of criticism of the island’s authorities.
China’s oil futures: frazzle or dazzle for foreign traders?
BEIJING (Reuters) – China’s crude oil futures, to be launched on Monday, will be a major step in Beijing’s years-long push to win greater sway over oil pricing, but for western traders it will likely bring frustration as well as opportunity.
Derek Jeter’s Players Tribune expands into Europe
(Reuters) – Players Tribune, the three-year-old digital media company owned by former Yankees shortstop Derek Jeter, is expanding into Europe and looking to sign deals with networks, online streaming services and other content distributors, executives …
Dollar slips after Fed decision, trade worries shackle shares
TOKYO (Reuters) – The U.S. dollar slipped on Thursday after the Federal Reserve held back from increasing the pace of this year’s rate hikes, while worries over an impending announcement on trade tariffs from U.S. President Donald Trump capped Asian sh…
