NEW YORK Billionaire investor Warren Buffett on Saturday attacked what he saw as tricks used by U.S. companies to boost earnings and stock prices, but he defended one oft-criticized practice: share buybacks.
BARCELONA, Spain Blackberry Ltd may have exited the device business, but fans of the pioneering email machine need not despair as Chinese smartphone maker TCL Communication has introduced its first Blackberry-licensed phone with the physical keyboard that was long its key allure.
BERLIN The European Central Bank will not put a sudden end to its asset purchase programme, ECB policymaker Jens Weidmann said in an interview with German newspaper Frankfurter Allgemeine Sonntagszeitung.
BRUSSELS U.S. President Donald Trump's address to Congress may make the most headlines, but inflation readings of 2 percent could prove more significant economic events next week - a call to action perhaps in America and a important milestone in Europe.
WOLFSBURG, Germany Record Audi and Porsche sales helped Volkswagen swing to a record underlying profit in 2016, although a bigger than expected charge from the diesel emissions scandal meant it missed estimates for its operating profit.
BERLIN Europe should impose punitive tariffs on imports from the United States if President Donald Trump acts to shield U.S. industries from foreign competitors, a senior ally of German Chancellor Angela Merkel said in a newspaper interview.
NEW YORK Oil prices fell about 1 percent on Friday as worries about rising U.S. supplies outweighed OPEC pledges to boost compliance with output curbs.
LONDON British Airways owner IAG said it will return 500 million euros (423 million pounds) to investors after reporting higher annual profits on Friday, helped by cost-cutting and lower fuel costs.
MILAN Italy's biggest retail bank Intesa Sanpaolo abandoned plans to join forces with the country's largest insurer Assicurazioni Generali on Friday, saying a tie-up would not create value for its shareholders.
Citigroup Inc on Friday said that U.S. government and regulatory agencies are investigating the bank's hiring practices.