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A fight over the food stuff ended up in court after a neighbor posted signs outside a cheese shop to complain about the stench. Press Release Distribution Service

More than $15 trillion in assets is expected to be passed to younger generations in the next decade, including a lot of art. But will they want it? Press Release Distribution Service

The Swedish retailer now lets customers know where nearly every garment it sells is made. Is that enough? Press Release Distribution Service

The utility has faced objections from the governor of California and hedge funds vying for control of the company. Press Release Distribution Service

China’s Ant Financial, a fintech affiliate of e-commerce giant Alibaba Group Holding Ltd , has quietly acquired a sizable stake in a Vietnamese e-wallet eMonkey, people familiar with the matter said. Press Release Distribution Service

Volkswagen’s namesake core brand is on track to post a record operating profit this year thanks to cost savings and its increased sales of sports utility vehicles (SUV’s), a senior manager of the unit said. Press Release Distribution Service

A German court has banned Uber services in Germany arguing the U.S. ride hailing company lacks a necessary licence to offer passenger transport services using rental cars. Press Release Distribution Service

Oil prices hovered near three-month peaks on Thursday, buoyed by falling U.S. crude inventories and thawing trade relations between the United States and China. Press Release Distribution Service

China on Thursday unveiled a new list of import tariff exemptions for six chemical and oil products from the United States, days after the world’s two largest economies announced a Phase 1 trade deal. Press Release Distribution Service

China and the United States are in touch over the signing of their Phase 1 trade deal, China’s commerce ministry said, which will see lower U.S. tariffs on Chinese goods and higher Chinese purchases of U.S. farm, energy and manufactured goods. Press Release Distribution Service

World stocks drifted down from the week’s record highs on Thursday, while the crown gained as Sweden’s central bank became the first to raise interest rates from negative territory. Press Release Distribution Service

Norwegian Air hopes to agree compensation from Boeing by year-end over the grounding of the 737 MAX, the airline’s acting CEO said, as it counts the costs of having 18 of the aircraft grounded since March. Press Release Distribution Service

U.S. homesharing site Airbnb on Thursday won its battle to remain exempt from onerous European property regulations, as the EU’s top court ruled it was an online platform and not a property agent. Press Release Distribution Service

Fiat Chrysler and Peugeot maker PSA face the challenge of winning over regulators and delivering on a pledge to slash costs without closing factories after sealing a binding deal to create the world’s fourth biggest carmaker. Press Release Distribution Service

Italian Prime Minister Giuseppe Conte welcomed the planned merger of Fiat Chrysler with its French rival PSA in an newspaper interview on Thursday, but said protecting jobs would be a top priority. Press Release Distribution Service

The dollar was down 0.1% in early London trading on Thursday, little changed by U.S. President Donald Trump’s impeachment, while the Swedish crown edged higher when the Riksbank became the first central bank to exit negative rates territory. Press Release Distribution Service

SoftBank-controlled Yahoo Japan has pulled out of a Japanese apartment rental venture with Oyo Hotels and Homes, in the latest setback for the loss-making Indian startup. Press Release Distribution Service

Incoming Chief Executive Bernard Looney will not take up either of BP’s seats on the board of Rosneft when he takes over in February because of the complexity of the relationship with the Russian oil giant, five company sources said. Press Release Distribution Service

Britain’s Financial Reporting Council (FRC) has added an extra year to its investigation into accountant EY’s audit of Thomas Cook, the holiday company that collapsed in September leaving tens of thousands of people stranded abroad. Press Release Distribution Service

E-commerce giant Alibaba Group Holding Ltd and its fintech affiliate Ant Financial announced a string of top level executive changes on Thursday, amid an ongoing restructuring following the appointment of Daniel Zhang as chairman of Alibaba. Press Release Distribution Service

Philippines’ Cebu Air Inc said on Thursday it had ordered 15 Airbus SE A320neo family jets worth $2 billion at list prices, keeping the European manufacturer on track to reach a year-end sales milestone. Press Release Distribution Service

Top Indian electricity generator NTPC has rejected the emissions-cutting technology of GE and other foreign firms for its coal-fired plants, documents show, shutting them out of an estimated $2 billion in orders. Press Release Distribution Service