Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales, Iranian and international industry sources said, but now risks losing that crucial revenue as Washington tightens the screw on sanctions.
Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal agreed with the German publisher’s main shareholders.
ABB has appointed industrial and software specialist Maryrose Sylvester as the new head of its U.S. business, the Swiss engineering company said on Wednesday, replacing company veteran Greg Scheu, who is due to retire.
French technology company Dassault Systemes said it had agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a deal worth $5.8 billion on an enterprise value basis.
Two leading proxy advisory firms have urged Nissan shareholders to vote against reappointing its chief executive as a director, heaping more pressure on Hiroto Saikawa as he struggles to find accord with alliance partner Renault.
Asian share markets took a step back on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could shuffle the odds for an early cut in interest rates there.
A leading proxy advisory firm has urged Nissan shareholders to vote against the reappointment of its chief executive as a director, heaping more pressure on Hiroto Saikawa as he struggles to find accord with alliance partner Renault.
Asian share markets were in a wary mood on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could shuffle the odds for an early cut in interest rates there.
Renault’s recent push to block a governance overhaul at Nissan Motor Co has put the Franco-Japanese automaking alliance in jeopardy, a person familiar with Nissan’s thinking told Reuters.
Smartphone maker LG Electronics Inc on Tuesday opposed chip supplier Qualcomm Inc’s efforts to put a sweeping U.S. antitrust decision against it on hold as it pursues an appeal.
Toymaker Mattel Inc last week rejected another merger offer from Bratz doll maker MGA Entertainment Inc, MGA’s chief executive officer, Isaac Larian, said on Tuesday.
News organizations are being challenged by technology giants and unsettled by a broader lack of trust but they have a much deeper problem: most people don’t want to pay for online news, the Reuters Institute found.
Three years ago, Indian yoga guru and entrepreneur Baba Ramdev was riding high.
Tesla Inc has “a decent shot at a record quarter on every level”, Chief Executive Officer Elon Musk said at the company’s annual shareholder meeting on Tuesday, soothing concerns about weak demand for the electric car maker’s sedans.
Leading proxy advisory firm ISS has urged shareholders of Nissan Motor Co Ltd to vote against the reappointment of Chief Executive Officer Hiroto Saikawa as a director of a Japanese automaker battling to overhaul corporate governance.
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