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Technology companies lead US stocks lower; oil down
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Thursday, 19 October 2017
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By ALEX VEIGA AP Business Writer. Technology companies pulled U.S. stocks slightly lower in afternoon trading Thursday, placing the market on course to snap a four-day winning streak. Cruise lines, fast-food restaurants and other consumer-focused companies also declined. Health care stocks were among the big gainers.
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Disappointing Unilever results drag on London's blue chip index
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Thursday, 19 October 2017
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Michael Hewson, a chief market analyst at CMC Markets UK, said Unilever's third quarter figures "were disappointing to say the least". The company blamed the hurricanes in the US for the drop off in sales, with ice cream a particular weak spot. "The company did keep its full year guidance....
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Did Goldman CEO hint at a Euro HQ move to Frankfurt?
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Thursday, 19 October 2017
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Sprechen sie Deutsch, Herr Blankfein? Goldman Sachs’ CEO dropped a not-too-subtle hint on Thursday that the bank would be beefing up its business in Germany in the wake of the UK leaving the European Union. “Just left Frankfurt. Great meetings, great weather, really enjoyed it. Good, because I’ll be spending a lot more time there.
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Meet the latest billionaire hoping to join the club of super-rich world leaders
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Thursday, 19 October 2017
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Finally, make sure to reinforce your message through ownership of media companies. Berlusconi gathered up almost all the private TV networks in Italy, and they obediently parroted his line when he was running for office. Babis and Poroshenko own TV channels; Babis also has a couple of newspapers.
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World EU divided along U.S.-style blue state, red state lines
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Thursday, 19 October 2017
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As the 28-nation European Union convenes a major summit in Brussels on Thursday and Friday, it faces a growing political chasm along geographic lines that resembles the sharp red state-blue state divide in the United States. In the case of the EU, it's East vs. West.
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