Articles by admin

Oil fell on Thursday as concern over the global economy reasserted itself, reversing earlier price gains made on the potential for U.S. sanctions on Venezuela.

…read more […]

PG&E Corp shareholder Blue Mountain Capital Management LLC is preparing to launch a proxy fight to oust the embattled California utility owner’s board, arguing that the company is harming investors with its plan to seek bankruptcy protection in the wake of catastrophic wildfires.

…read more […]

Southwest Airlines Co said on Thursday the U.S. partial government shutdown had knocked between $10 million and $15 million off its revenue so far in January as it reported a better-than-expected fourth-quarter profit.

…read more […]

Siemens Chief Executive Joe Kaeser has declined requests from some activist investors whether he would need “support” in running the German industrial conglomerate, the CEO told a German magazine.

…read more […]

Canada’s Bombardier Inc said on Wednesday it will buy a wing manufacturing unit from aircraft parts supplier Triumph Group to boost its business jets program.

…read more […]

Saudi Aramco is seeking advisers to arrange debt financing needed for the acquisition of a stake in Saudi Arabian Basic Industries Corp (SABIC) , banking sources familiar with the matter said on Thursday.

…read more […]

Deutsche Bank has received an inquiry from two important committees of the U.S. House of Representatives on the lender’s ties to U.S. President Donald Trump, it said on Thursday.

…read more […]

Oil rose on Thursday, shaking off persistent concern about the outlook for demand after the U.S. government said it could impose sanctions on OPEC member Venezuela’s crude exports.

…read more […]

The euro retreated while stocks and bonds rallied on Thursday, as painful data from France and only modestly better readings from Germany set the tone for the European Central Bank’s first meeting of the year.

…read more […]

Deutsche Bank said on Thursday that it had received an inquiry from two important committees of the U.S. House of Representatives on the lender’s ties to U.S. President Donald Trump.

…read more […]

Renault’s board was meeting on Thursday to appoint new leadership, after Chairman and Chief Executive Carlos Ghosn resigned in the wake of a financial scandal that has rocked the French carmaker and its alliance with Japan’s Nissan .

…read more […]

Somber results from chipmakers SK Hynix Inc and Texas Instruments Inc , on the heels of warnings from tech behemoths Samsung and Apple, indicate more gloom for the sector as China’s economy slows to its weakest in decades.

…read more […]

Nissan Motor Co Ltd said on Thursday it was preparing to hold an extraordinary shareholders meeting in mid-April to vote on removing former Chairman Carlos Ghosn and director Greg Kelly from the automaker’s board.

…read more […]

If you somehow missed the news about the killing of journalist Jamal Khashoggi by Saudi agents and the global outcry that ensued, you might think Saudi Arabia is the darling of the World Economic Forum in Davos.

…read more […]

China and the United States will have in-depth discussions on economic and trade issues during Chinese Vice Premier Liu He’s U.S. visit next week, the Chinese commerce ministry said on Thursday.

…read more […]