Britain will ultimately have to side with the United States in a decision on allowing China's Huawei Technologies a role in its 5G network, former Prime Minister Tony Blair said on Thursday.
(RTTNews) - A report released by the Commerce Department on Thursday showed the slump in U.S. economic activity in the first quarter was unrevised from the previous estimate.
The increase in coronavirus cases finally took a good-sized bite out of the market on Wednesday with each of the major indices shedding more than 2%.
For the past couple of weeks, stocks had been cautiously shrugging off the rising numbers in certain parts of the country.
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Danish enzymes maker Novozymes will buy Irish-based PrecisionBiotics in a $91 million deal, it said on Thursday, the firm's second acquisition of a probiotics company in recent years, as it seeks to grow its human health business.
Millions of seniors today get a substantial chunk of their retirement income from Social Security, so the idea of those benefits getting cut may be unfathomable to those who rely on them heavily. But unfortunately, once Social Security exhausts its trust funds, a widespread redu
Peugeot maker PSA's boss Carlos Tavares said on Thursday he was confident the merger of the French carmaker and Fiat Chrysler (FCA) would go ahead as planned and yield synergies of at least 3.7 billion euros ($4.2 billion).
Lordstown Motors Corp will show off its planned electric pickup truck at an event on Thursday as the startup seeks to begin producing vehicles at a former General Motors factory in northeast Ohio.
Britain's FTSE 100 index is seen opening 19 points lower at 6,105 on Thursday, according to financial bookmakers, with futures down 0.50% ahead of cash markets open.
Britain's Royal Mail laid out restructuring plans on Thursday that will affect around 2,000 management roles and see it save 130 million pounds ($161.32 million) in staffing costs next year as it reported a 31% fall in annual profits.
China appears to have added new structures near the site of a deadly border clash with India in the western Himalayas, fresh satellite pictures show, heightening concerns about further flare-ups between the nuclear-armed neighbours.
Restaurant chain Chuck E. Cheese parent CEC Entertainment [CEII.UL] filed for Chapter 11 bankruptcy on Thursday, making it the latest casualty of the COVID-19 pandemic that has crushed entertainment and leisure industries globally.
British defence company BAE Systems on Thursday said first-half profit would be impacted by the coronavirus pandemic, but its second-half performance would be much stronger as its business returns to "full operational tempo".
The London Stock Exchange on Thursday said it had appointed Anna Manz as chief financial officer from November, when the exchange hopes it will have obtained approval for its $27 billion takeover of data and analytics company Refinitiv.
Senegalese President Macky Sall is quarantining for two weeks after coming into contact with someone who has since tested positive for the coronavirus, state television said on Thursday.
(RTTNews) - Defence technology company QinetiQ Group plc (QQ.L) said Thursday that it has agreed to sell Boldon James Limited to HelpSystems International Limited for a consideration of 30 million pounds.
Mitie Group said on Thursday it would buy rival Interserve's facilities management arm for 271 million pounds ($336.64 million), using its financial muscle to gain scale in Britain's huge outsourcing industry at a time when others are struggling with the coronavirus fallout.
British lender Non-Standard Finance on Thursday raised doubts on its ability to continue as a going concern, with the coronavirus crisis halting lending and leading to a spike in expected credit losses.
Harmony Gold raised $200 million after issuing more than 60 million new ordinary shares to partly fund its purchase of rival AngloGold Ashanti's last remaining South African assets, the company said on Thursday.
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