Business & Finance Novartis raises full-year targets, aims to settle U.S. lawsuit ZURICH: Novartis boss Vas Narasimhan raised full-year targets on Thursday and announced that $700 million has been set a Published 18 Jul, 2019 11:55am
Business & Finance NASA aims to build on moon as a way station for Mars CAPE CANAVERAL: Unlike the Apollo program that put astronauts on the moon 50 years ago, NASA is gearing up for a long t Published 18 Jul, 2019 10:46am
Business & Finance BMW to pick new CEO, Zipse emerges as favourite FRANKFURT: BMW is set to name Oliver Zipse as its new chief executive, picking the manufacturing expert to help the Germ Published 18 Jul, 2019 10:42am
Markets Oil edges lower after rise in U.S. gasoline stocks LONDON: Oil edged lower on Thursday, unable to shake off the downbeat mood of the last two days in response to a sharp r Published 18 Jul, 2019 10:34am
Business & Finance Novartis CEO sets aside $700 mn to settle doctor bribery lawsuit ZURICH: Novartis Chief Executive Vas Narasimhan set aside $700 million to settle a U.S. doctor bribery lawsuit, as the S Published 18 Jul, 2019 10:25am
Markets Japan shares suffer worst fall in 4 months on earnings fears TOKYO: Japanese shares recorded their biggest one-day fall in nearly four months on Thursday as dismal export data and w Published 18 Jul, 2019 09:02am
Markets CBOT wheat targets $4.86-$4.94-3/4 range SINGAPORE: CBOT September wheat may break a support at $5.01-3/4 per bushel, and fall into a range of $4.86 to $4.94-3/4 Published 18 Jul, 2019 09:01am
Markets Turkish lira steady, shrugs off Ankara's removal from F-35 programme ISTANBUL: The Turkish lira was steady on Thursday, shrugging off the U.S. decision to remove Ankara from the F-35 fighte Published 18 Jul, 2019 09:01am
Business & Finance Danske Bank profit hit by higher costs, low interest rates Danske Bank's second-quarter pre-tax profit came in below expectations on Thursday, hit by low interest rates and higher Published 18 Jul, 2019 08:54am
Business & Finance Volvo Cars to cut costs as trade war dents profits STOCKHOLM: Volvo on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming the Published 18 Jul, 2019 08:41am
Markets South Korean stocks fall as investors shrug off rate cut SEOUL, July 18 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares ended lower on Thursday Published 18 Jul, 2019 08:40am
Markets NY coffee may retest support at $1.0550 SINGAPORE: New York September coffee may retest a support at $1.0550 per lb, as suggested by its wave pattern and a Fib Published 18 Jul, 2019 08:32am
Markets South Africa's rand edges up in early trade JOHANNESBURG: South Africa's rand edged up in early trade on Thursday as the market awaits a local interest rate decisio Published 18 Jul, 2019 08:25am
Markets China copper smelters slash Q3 TC/RC floor, weigh output cuts -sources BEIJING: China's top copper smelters on Thursday lowered their floor treatment and refining charges (TC/RCs) for the thi Published 18 Jul, 2019 08:06am
Markets Dollar slips on softer U.S. yields; Aussie shines LONDON: The dollar broadly edged lower against its rivals on Thursday after softer U.S. Treasury yields in the wake of w Published 18 Jul, 2019 08:03am
World Electrolux sees lower hit from raw materials, trade tariffs in 2019 STOCKHOLM: Swedish home appliance maker Electrolux said on Thursday it had been able to offset pressures from higher raw Published 18 Jul, 2019 07:57am
Markets FTSE 100 slips on global nerves, pub chain Ei surges Britain's FTSE 100 followed other major stock markets lower on Thursday as initial batches of corporate earnings jangled Published 18 Jul, 2019 07:49am
World Barclays cuts 2019, 2020 oil price forecasts on demand woes Barclays on Thursday lowered its oil price forecasts for the second half of this year and 2020, saying it expected slowe Published 18 Jul, 2019 07:48am
Markets European shares fall as tech heavyweight SAP flags trade worries Technology stocks led a slide in European shares on Thursday as software firm SAP reported poor results and was the late Published 18 Jul, 2019 07:47am
Business & Finance Indonesia central bank makes first rate cut in almost 2 years JAKARTA: Indonesia's central bank on Thursday cut its benchmark interest rate for the first time since September 2017, a Published 18 Jul, 2019 07:40am