Category: Money

Former Wpp Boss Sorrell Denies Visiting A Prostitute

CANNES, France – Former WPP (WPP.L) boss Martin Sorrell denied on Friday that he had visited a prostitute and paid using company money when asked on a stage in...

Satellite Operator Echostar Builds Stake In Bid Target Inmarsat

LONDON – U.S. satellite operator Echostar (SATS.O) has built a near 3 percent stake in Inmarsat (ISA.L), the British company that it is seeking to buy, stock...

Wall Street Week Ahead Supercharged Telecom Sector Could Become Investor Favorite

SAN FRANCISCO – An overhauled telecommunications sector featuring most of the so-called FANG stocks could debut as Wall Street’s hottest bet when it kicks...

Casino And Loreal Team Up To Launch New Beauty Stores

PARIS – French supermarket chain Casino (CASP.PA) and cosmetics group L’Oreal (OREP.PA) are launching new beauty stores in Paris this weekend, the latest...

Opec Moves Toward Raising Oil Supply As Iran Softens Stance

VIENNA – OPEC moved closer on Friday toward boosting oil output as its leader Saudi Arabia appeared to have persuaded arch-rival Iran to cooperate, after major...

Volkswagen Hands Over Regional Responsibility To Brands

BERLIN – Volkswagen AG (VOWG_p.DE) is handing over responsibility for regional markets to its different brands, the German carmaker said on Friday, its latest...

Airbus Says No-deal Brexit Would Threaten Its Role In Uk

PARIS/LONDON – Airbus issued its strongest warning yet over the impact of Britain’s departure from the European Union, saying a withdrawal without a deal...

Stocks Set For Worst Week In Three Months On Trade War Worries

LONDON – World shares rose on Friday but were set to end a second week lower amid intensifying worries over the fallout of a trade dispute resulting from U.S....

Opec Struggles For Deal To Ease Supply Cuts As Iran Resists

VIENNA – OPEC will seek agreement on Friday to raise oil production despite opposition from Iran, which has threatened to block the move as it faces...

Asian Shares Hit Six-month Lows As Tariffs Take Economic Toll

TOKYO – Asian shares slid to their lowest in six months on Friday, on signs U.S. trade battles with China and many other countries are starting to chip away at...