British ferry and shipping freight operator P&O will re-flag its entire UK registered fleet to Cyprus ahead of Britain’s departure from the European Union to keep tax arrangements in the bloc, the company said on Tuesday.
EBay Inc shareholder Elliott Management Corp on Tuesday urged the e-commerce platform to restructure its business and sell some businesses to double its market value in the next two years.
Brazilian investors’ association Abradin said it would file a lawsuit claiming a proposed tie-up between U.S. planemaker Boeing Co and Embraer SA should come with a public tender offer, escalating its fight against the proposed deal.
China’s Huawei Technologies will call for a quick resolution of the case regarding its detained executive in Canada who is accused of violating U.S. sanctions on Iran, the company’s chairman, Liang Hua, said on Tuesday.
British bank Barclays has warned nearly 300 staff they could face redundancy or relocation from its Millshaw Court call center in Leeds, northern England, following unspecified “changes to its business”.
Halliburton Co beat Wall Street estimates for quarterly profit on Tuesday, as higher demand for its oilfield services in international markets offset a slowdown in North America.
Huawei Chairman Liang Hua said on Tuesday the company would allow foreign officials to visit its labs, as the Chinese company faces suspicion from Western countries that its telecoms equipment could be used for espionage.
Oil prices fell nearly 2 percent on Tuesday on signs that an economic slowdown in China is spreading, stoking concerns about global growth and fuel demand.
Johnson & Johnson on Tuesday forecast 2019 sales that fell short of analysts’ estimates after reporting better-than- expected fourth-quarter profit and revenue.
Johnson & Johnson reported better-than-expected fourth-quarter revenue on Tuesday, helped by strong demand for its drugs to treat cancer and psoriasis.
Oilfield services provider Halliburton Co reported a quarterly profit on Tuesday, compared with a loss for the same period a year ago when it set aside $1.05 billion for income tax payments related to a change in U.S. taxes.
Mastercard said on Tuesday that an EU antitrust fine of 570.6 million euros ($648.3 million) would be taken as a charge in the fourth quarter of 2018, calling the closure of the case an important milestone for the company.
Germany’s Verdi labor union on Tuesday voiced concern over any possible merger between Germany’s largest banks – Deutsche Bank and Commerzbank .
UBS Chief Executive Sergio Ermotti said on Tuesday any changes to the bank’s leadership remain years away and that the bank remains open to both hiring and promoting in its search for talent.
Preferred bidders for the Areas business of French company Elior are expected to be chosen by the start of March, a source close to the matter told Reuters.
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