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The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz Co and Mondelez International Inc will pay $16 million in penalty regarding a wheat manipulation case that dates back to 2015.
U.S. budget-friendly carrier Southwest Airlines Co will add another daily flight to Hawaii from January 2020, the company said on Thursday, as it counts on leisure travel from the West Coast to boost its growth.
The dollar recovered from early weakness but a gauge of global equity performance edged lower on Thursday as concerns about global growth offset investor optimism over a surge in U.S. retail sales last month and strong Walmart earnings.
U.S. 30-year Treasury yields fell to a record low below 2% and benchmark 10-year notes dropped to a three-year trough on Thursday amid persistent worries about global trade tensions and economic slowdowns around the world.
Ryanair expects minimal cancellations with affected passengers flying out at different times if pilots in Britain and Ireland go ahead with a two-day strike next week, the airline's chief people officer said on Thursday.
U.S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases, which could help to assuage financial market fears that the economy was heading into recession.
China on Thursday vowed to counter the latest U.S. tariffs on $300 billion of Chinese goods but called on the United States to meet it halfway on a potential trade deal, as U.S. President Donald Trump said any pact would have to be on America's terms.
U.S. stocks opened higher on Thursday as a surge in July retail sales and Walmart's robust results eased fears of a recession in the world's largest economy, while differing reports on the U.S.-China trade dispute kept investors on edge.
J.C. Penney Co Inc posted a smaller-than-expected quarterly loss on Thursday, as the struggling department store operator's efforts to cut costs and shutter unprofitable businesses paid off, sending its shares up 12%.
U.S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases, which could help to assuage financial markets' fears that the economy was heading into recession.
Any trade deal the United States makes with China must be on U.S. terms, Donald Trump said on Thursday, as Beijing prepared to take countermeasures in response to the Republican U.S. president's latest tariffs on $300 billion of Chinese imports.
U.S. retailer Walmart Inc reported strong second quarter results and raised its earnings expectations for the year, temporarily sidestepping concerns around consumer demand in the wake of tariffs on imports from China.
UPS said on Thursday it has bought a minority stake in self-driving company TuSimple, and the world's largest package delivery company has been testing the startup's autonomous trucks since May on a busy freight route in Arizona.
United Technologies and Raytheon Co have received requests for additional information from the antitrust division of the U.S. Department of Justice related to their $120 billion merger, according to a regulatory filing on Thursday.
China's threat to impose counter-measures in retaliation for the latest U.S. tariffs knocked stocks sprawling on Thursday, checking earlier attempt to recover from a rout sparked by fears of a world recession.
The British Airline Pilots Association (BALPA) called on Ryanair to meet for mediated talks to resolve a dispute on pay and benefits to avoid two multi-day stikes planned by their members from next week.
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