Dow futures drop after Fed signals more hikes ahead; retail sales due

U.S. stock futures edged lower Thursday as investors digested the outcome of the latest Federal Reserve policy-setting meeting, ahead of…

Alibaba aims to expand local business in Europe, president says

(Reuters) – Alibaba Group will make Europe top priority as it focuses on building local businesses and online platforms outside…

4 big analyst picks: Accenture upgraded to Neutral ahead of Q3 earnings

Accenture upgraded to Neutral ahead of Q3 earnings Accenture (NYSE:ACN) shares rose more than 1% pre-market today after Piper Sandler…

US prosecutors to drop new charges against Bankman-Fried in Oct trial

(Reuters) – U.S. federal prosecutors said late Wednesday that they would not immediately proceed with five charges of foreign bribery,…

French power company Engie launches new electric car charger brand

(Reuters) – French power company Engie said on Thursday it is launching a new brand called Vianeo which will form…

GSK and momelotinib: JPMorgan warns of possible disappointments

U.S. bank JPMorgan has maintained its “Underweight” rating for British pharmaceutical company GSK (LON:GSK). At the same time, the analysts…

Siemens to spend $2.2 billion to ramp up global production

(Reuters) – Siemens will spend 2 billion euros ($2.2 billion) on a new global investment plan, the German engineering group…

General Atlantic invests in Atoss Software for global growth

Global growth investor General Atlantic has announced that it will acquire around 20% of the shares in Atoss Software AG…

European shares inch lower ahead of ECB meet

(Reuters) – European shares opened lower on Thursday, as the European Central Bank (ECB) was expected to raise borrowing costs…

Vodafone and Hutchison’s UK mobile merger faces tough test yet

(Reuters) – It has taken months of tortuous negotiations for Vodafone (NASDAQ:VOD) and CK Hutchison to agree a deal to…