German telecoms firm 1&1
Drillisch and its parent company United Internet
slightly trimmed their profit guidance on Wednesday to
account for regulatory effects and the initial costs of a
planned 5G network.
General Electric Co has
clinched a labor deal with all 6,600 of its unionized workers in
the United States, averting potential strikes that could have
hit the ailing conglomerate's jet engine production, the company
and unions said on Wednesday.
Foreign joint venture partners
with Venezuelan state-owned oil company PDVSA are
concerned the latest set of U.S. sanctions on the South American
country could disrupt their operations, three industry sources
WeWork owner The We Company published
detailed financial statements for the first time on Wednesday,
revealing breakneck revenue growth and soaring losses, as it
prepares for an initial public offering as early as next month.