World stocks extended their white-hot start to the year on Tuesday, while the dollar was straining for a fourth day of gains as traders awaited U.S. President Donald Trump’s State of the Union address.
Germany’s government could take stakes in key domestic companies to prevent foreign takeovers, its Economy Minister said on Tuesday, presenting a marked shift in industrial strategy he said was needed to safeguard the country’s prosperity.
Amazon.com Inc’s grocery service is slowly returning on its India website after the online retail giant faced disruption from revised e-commerce curbs which kicked in on Feb. 1.
Banks, insurers and other financial firms in Britain may have to come up with tougher targets for getting women into top jobs, UK financial services minister John Glen said on Tuesday.
Mickey McMaster is on his 12th pickup truck.
General Motors Co said Tuesday it will add 1,000 workers to build new heavy-duty pickup trucks at its plant in Flint, Michigan, and will give priority to GM workers who were laid off elsewhere.
General Electric is to pay 50 million euros ($57 million) for failing to meet a job creation target agreed when it took over French group Alstom’s energy business, the French Finance Ministry said on Tuesday.
U.S. grains trader Archer Daniels Midland Co on Tuesday missed Wall Street estimates for quarterly profit, hurt by higher expenses and lower margins in its origination business.
Viacom Inc beat analysts’ estimates for profit on Tuesday, boosted by higher fees from U.S. cable and satellite operators and the success of “Transformers” reboot “Bumblebee”.
New partnerships are emerging in the global hunt for oil discoveries, with some explorers essentially offering an outsourcing service for the riskiest part of the energy business.
U.S. grains merchant Archer Daniels Midland Co on Tuesday reported a 60 percent slump in fourth-quarter profit compared with the same period a year earlier when it recorded a tax gain.
Indian steel firms are putting pressure on the nation’s government to impose higher duties on imports as trade disputes and a global economic slowdown divert surplus Asian steel stocks to India, industry executives and government sources said.
German Economy Minister Peter Altmaier said on Tuesday that only secure technology could be installed to build Germany’s 5G network, adding that clear rules applied to all providers.
Germany could take stakes in companies to prevent foreign takeovers in some key technology areas, Economy Minister Peter Altmaier said on Tuesday, presenting a new industrial strategy he said was necessary for the country’s cohesion.
Volkswagen is in talks with Swedish institutional investors AMF, AP Fund 1 and 4, Investor AB and Folksam about being cornerstone shareholders in the dual listing of its trucks unit Traton in Stockholm and Frankfurt, people familiar with the talks said.
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