Nestlé Focuses on Factories, Procurement to Hit Cost-Cutting Goal

"My priority is to make sure that we deliver on our commitment for 2020," Mr. Roger said. ...

UK Retail Sales Fall At Fastest Pace Since Late 2017: CBI

UK retail sales declined at the fastest pace since October 2017, quarterly Distributive Trades Survey from the Confederation of British Industry showed Friday.

Global stocks climb on muted trade hopes, sterling yo-yos as PM May quits

World stocks edged higher on Friday and oil prices bounced after comments by President Donald Trump encouraged hopes of progress in U.S.-China trade talks...

Oil Set For Biggest Weekly Loss This Year

Oil prices rose toward $69 a barrel on Friday, snapping a two-day losing streak after U.S. President Donald Trump said that there is a "good possibility" of including Huawei in a trade deal to end a trade dispute with Beijing.

European Shares Rebound On Trade Deal Optimism

European stocks bounced back on Friday after a sharp sell-off in the previous session on worries that the U.S.-China trade conflict was spiraling into a technology cold war.

Casino Soars as Rallye Shares Plummet Following Bankruptcy Protection

--Rallye depends on the free cash that the French retailer generates in order to service its debt, though payments will be suspended...

Foreign investors hope India dials back policy shocks after Modi win

Foreign companies in India have welcomed Prime Minister Narendra Modi’s election victory for the political stability it brings, but now they need to see...

China denounces U.S. ‘rumors’ and ‘lies’ about Huawei ties to Beijing

China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China’s Huawei Technologies Co...

Facebook increased Vietnam content restrictions by 500% during 2018 – report

Facebook increased the amount of content it restricted access to in Vietnam by over 500% in the last half of 2018, the U.S. social...

Glencore Agricultural Chief to Retire — WSJ

Chris Mahoney, chief executive of Glencore Agriculture and a 21-year veteran of the company, is retiring at the end...

Panasonic says has not stopped supplies to Huawei, still investigating

Japan’s Panasonic Corp said on Friday it has not stopped any shipments of components to Huawei Technologies, a day after it originally called for...

FTSE 100 Rises As PM May Resigns

U.K. shares rose notably on Friday and the pound was little changed after Prime Minister Theresa May announced that she will resign as Conservative leader on Friday 7 June following the backlash against her new Brexit deal.

CAC 40 Bounces Back On US-China Trade Optimism

French stocks bounced back on Friday after a sharp sell-off in the previous session on worries that a protracted trade war between the United States and China will crimp global economic growth.

Swiss Watchmaker Franck Muller Unveils Functional Bitcoin Watch

Swiss luxury watchmaker Franck Muller announced the launch of Encrypto, which it calls the world's first functional Bitcoin watch.

Financial News from Agencies

Political Risks Loom Over European Markets

Fears of a global economic slowdown and trade tensions have weighed on markets in recent days. Investors in Europe...

Casino Soars as Rallye Shares Plummet Following Ba…

--Shares in Casino shot up after Rallye, its majority shareholder, enters bankruptcy-protection proceedings --Rallye shares plummet after it enters court-supervised...

Trump Administration Rolls Out $16Bn Farm-Aid Program

President Trump rolled out a $16bn plan to help farmers hit by the trade conflict with China and suggested...

Global Stocks Rise After Selloff

Global stocks recovered some of their poise Friday morning, after a big move away from riskier assets and into...

U.K. Retail Sales Flat in April

By Jason Douglas LONDON--British retail sales were flat in April after several months of strong growth, as shoppers stayed away...