Nasdaq 100 futures fell more than 1per cent on Thursday as bond yields jumped to 14-month highs after the Federal Reserve pledged to look past inflation for a while and keep monetary policy loose through 2023.
An esoteric bank capital rule has become an unlikely political hot potato for U.S. Federal Reserve Chair Jerome Powell, as the Republican appointee enters the final 12 months of his term under the administration of Democratic President Joe Biden, analysts said.
IT consulting firm Accenture raised its full-year revenue forecast on Thursday and reported second-quarter revenue above analysts' estimates, as more businesses used its digital services to shift operations to the cloud.
Canada's tiny Flair Airlines, which made headlines by handing Boeing a crucial order for 737 MAX jets last week, is forging growth plans inspired by the austerity that transformed Hungary's Wizz Air into one of Europe's largest carriers.
Google's plan to block a popular web tracking tool called "cookies" is a source of concern for U.S. Justice Department investigators who have been asking advertising industry executives whether the move by the search giant will hobble its smaller rivals, people familiar with the situation said.
LONDON: Energy group BP aims to build Britain's largest hydrogen plant by 2030, it said on Thursday (Mar 18), as part of the country's push to boost use of the fuel and cut greenhouse gas emissions. The Teesside plant in northern England will have capacity of up to 1 gigawatt...
Alphabet Inc's Google said on Thursday it plans to invest over US$7 billion in offices and data centers in the United States this year.
National Grid will buy England's largest electricity distribution business WPD from U.S.-based PPL for 7.8 billion pounds (US$10.9 billion) as it positions itself for a climate-driven transition from gas to electric power.
Shares in Germany's Volkswagen were up on Thursday and on course for a fourth daily rise and their best week ever as investors cheered its plans to overtake Tesla in the electric car market.
The European Central Bank may need some time before the recently agreed acceleration in the pace of money printing, part of its efforts to cushion the fallout of the COVID-19 pandemic, becomes apparent, ECB President Christine Lagarde said on Thursday.
