Zalando raises profit guidance as site visits soar

Zalando, Europe's biggest online-only fashion retailer, raised its full-year profit outlook on Thursday after a big jump in the number of visits to its site, helped in part by faster delivery options.

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Making sense of chaos? Algos scour social media for clues to crypto moves

(This July 17 story corrects typographical error in first subhead.)

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Infineon CEO sees semiconductor recovery only in 2020

German chipmaker Infineon expects the semiconductor industry to recover only in 2020, with no sign of recovery yet in the strategically important Chinese auto market, Chief Executive Reinhard Ploss said on Thursday.

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