(Reuters) – Salesforce.com Inc (CRM.N) forecast third-quarter and full-year revenue above Wall Street estimates on Thursday, as it benefits from acquisitions and more companies opting for its cloud-based services, sending its shares up 7% in extended trading. The company said it expects revenue of $4.44 billion to $4.45 billion for the current quarter, topping analysts’ […]
WASHINGTON (Reuters) – U.S. Transportation Secretary Elaine Chao on Thursday named 22 people to a new panel that will advise the department on aviation safety oversight and certification programs as the Federal Aviation Administration continues to grapple with the fallout from two fatal Boeing 737 MAX crashes. The long-time practice of the FAA delegating certification […]
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits fell sharply last week, suggesting the labor market was holding firm despite a manufacturing slowdown and concerns the economy is on a path toward recession. Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 209,000 for the week ended Aug. […]
A fire at a major Ocado depot has caused disruption to its food deliveries just months after another of its sites was destroyed in a blaze. London Fire Brigade said four fire engines and around 25 firefighters spent three hours bringing the flames under control at the warehouse in Erith, southeast London on Wednesday night. […]
LONDON (Reuters) – Share markets flatlined on Thursday as uncertainty over the outlook for U.S. interest rate cuts following the release of minutes from the Federal Reserve’s last policy meeting kept investors on edge. The Chinese yuan’s slump to an 11-year low also sapped their appetite for risk, with dealers saying state-owned banks were seen […]
Dublin-headquartered Falcon Oil & Gas has received approval for the 2019 drilling, stimulation, and testing of the Kyalla well in Northern Australia. The work at Kyalla 117 N2 horizontal appraisal well will be prepared by Origin Energy, Falcon’s joint venture partner. The well, in the Northern Territory state of Australia, is targeting the liquid rich […]
CRH, Ireland’s biggest company, has reported record earnings before interest, taxation, depreciation and amortisation of €1.54bn in the six months to 30 June. This represents a jump of 36pc year-on-year. The company’s sales of €13.2bn were 11pc year higher than the corresponding period last year, according to interim results from the group. The performance was […]
Deutsche Bank, in the midst of a major restructuring and headcount reduction, is tightening its worldwide procedures for new hires, according to an internal memo. The memo, which was dated Wednesday and seen by Reuters, said any new hires would require explicit approval from the bank’s chief executive Christian Sewing, and his deputy Karl von […]
SHANGHAI (Reuters) – German auto maker Daimler AG (DAIGn.DE) plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants owned by its local joint venture, according to a document seen by Reuters and two sources familiar with the matter. The plan will deepen the alliance between Daimler and its Chinese truck JV […]
Child benefit arrives on Monday or Tuesday except, that is, when there's a bank holiday. Qualifying parents typically receive the payment every four weeks, but single parents can ask for it to arrive weekly instead, with the money hitting bank accounts by around 9am. But when your payment date coincides with a bank holiday, you […]