Air Canada adjusted loss narrows on solid travel demand
(Reuters) – Air Canada reported a smaller adjusted quarterly loss on Friday, as Canada’s largest airline benefited from resilient travel…
Asia FX dips amid Fed uncertainty, dollar set for strong week
Most Asian currencies retreated on Friday, coming under pressure from uncertainty over U.S. monetary policy following mixed economic readings this…
Dollar slips lower, sterling gains after first quarter growth data
The U.S. dollar edged lower in early European trade Friday, handing back some overnight gains, while sterling edged higher after…
Oil prices fall, set for 4th weekly drop, as demand fears weigh
(Reuters) – Oil prices fell on Friday, set for their fourth weekly decline, as renewed economic concerns in the United…
Toshiba says working with JIP to ‘quickly complete’ $15 billion buyout
(Reuters) – Toshiba Corp said on Friday it was working with Japan Industrial Partners (JIP) to quickly complete a $15-billion…
Philips to pay $62 million to resolve charges it violated US law
(Reuters) – Dutch medical device maker Philips will pay $62 million (56 million euros) to resolve charges it violated the…
Volkswagen’s April deliveries jump 39% thanks to China boost
(Reuters) – Volkswagen (ETR:VOWG_p)’s said on Friday its group deliveries jumped 39% year-on-year in April, bringing the total number of…
European stocks edge higher; U.K. GDP, Richemont earnings in focus
European stock markets traded higher Friday as investors digested mixed U.K. growth data as well as more quarterly corporate earnings.…
GSK sells partial stake in spin-off firm Haleon at discount
(Reuters) – British drugmaker GSK on Friday said it sold 240 million shares in its consumer healthcare business Haleon at…
UK’s THG shares dive 20% as another suitor bites the dust
(Reuters) – British online retail platform THG Plc ended talks with Apollo Global Management (NYSE:APO) on Friday, saying there was…