HAMBURG, Germany (Reuters) – A spokesman for Volkswagen (VOWG_p.DE) on Thursday denied a media report that said the carmaker was prepared to fully cover the costs of diesel hardware retrofits, which would come in at 3,000 euros ($3,426.30) per vehicle. Manager magazin had reported that German carmakers Daimler (DAIGn.DE) and Volkswagen were prepared to fully […]

NEW YORK (Reuters) – World equity markets declined on Thursday, snapping a seven-session winning streak, with U.S. stocks on the defensive and the dollar strengthening after the Federal Reserve kept interest rates unchanged. The U.S. central bank held rates steady and said ongoing strong job gains and household spending had kept the economy on track. […]

[Subscribe to “With Interest.” It’s a Sunday newsletter with essential business insights that’ll prep you for the week ahead.] Google is facing more challenges today than at any time in its 20-year history. Employees are outraged over sexual harassment. Executives are under scrutiny for an effort to secretly make a censored version of its search […]

(Reuters) – Coca-Cola Co (KO.N) told Reuters on Thursday it is working on plans to launch its first energy drinks under the Coke brand name, jumping into a crowded field as it tries to shift away from fizzy sodas. The world’s largest beverage maker declined to provide a timeline for the launch of the drinks, […]

Additional reporting by John Peabody. Wendy MacNaughton is a graphic journalist based in San Francisco. You can find her via website and Instagram. Source: Read Full Article

(Reuters) – U.S. stocks edged lower on Thursday, as a clutch of weak earnings reports punctured a rally from the previous session, which was spurred by the outcome for midterm elections. Wynn Resorts Ltd (WYNN.O), Perrigo Co (PRGO.N) and D.R. Horton Inc (DHI.N) were the biggest losers on the S&P 500, all falling after reporting […]

(Reuters) – U.S. stock index futures fell on Thursday following a Wall Street rally in the previous session that was spurred by relief after the midterm elections, with investor focus shifting to the Federal Reserve’s interest rate decision. The S&P 500 futures ESc1 pointed to a 0.3 percent opening loss, with investors punishing chipmaker Qualcomm […]

The UK’s second-largest supermarket chain maintained full-year guidance while unveiling its half-year results but warned the grocery and clothing sectors were “highly competitive” and “very promotional”. Supermarket chains have fared better than most as retailers endure the effects of rising costs from business rates, rents and wages coupled with a slowdown in consumer spending in […]

(Reuters) – Comcast Corp (CMCSA.O) is planning to launch a product that will allow its broadband subscribers to aggregate some video streaming applications, including Netflix, Amazon Prime and YouTube, according to a source familiar with the matter. The product, set to be launched next year, will come with a voice-activated remote and will first be […]

Press Up Entertainment, the fast-growing hospitality group headed up by developers Paddy McKillen Jr and Matt Ryan, has begun a Europe-wide search for locations in a bid to establish its Dean Hotel brand across the Continent. Real estate advisers JLL have been engaged to seek out opportunities in central locations in London, Paris, Berlin, Milan […]