Oil stabilized on Wednesday after one of its biggest falls in years, but remained under pressure from oversupply and concern that a slowing global economy would depress demand.
Nissan Motor Co CEO Hiroto Saikawa failed to secure a hoped-for meeting this week with the acting boss of partner automaker Renault to discuss the arrest of top executive Carlos Ghosn, a source told Reuters on Wednesday.
Global equity and crude oil markets attempted on Wednesday to claw their way out of a three-day long plunge that saw investors seek out the safety of bonds amid mounting pessimism over world growth.
Indian drug authorities visited some of Johnson & Johnson’s facilities on Wednesday and took “tests and samples” of its talcum powder, the company said in a statement.
Britain’s BP has launched the sale of U.S. oil and gas onshore assets that could raise more than $3 billion to help pay for other fields in the United States it bought in October from BHP , industry and banking sources said.
Volkswagen said it would take over Volvo’s WirelessCar, a Stockholm-based digital service developer, specializing in connected driving.
SoftBank Corp shares sank 15 percent on debut, wiping $9 billion off their value, as investors sold off the telecoms operator after its record IPO on worries about a recent service outage and its exposure to Chinese telecoms gear maker Huawei.
Malaysia on Wednesday charged a second former banker at Goldman Sachs Group Inc in connection with a suspected money-laundering scheme at state fund 1MDB and said it had issued a summons to the bank.
Oil stabilized on Wednesday after one of its biggest falls for years, but remained under pressure from oversupply and concern that a slowing global economy would depress demand for fuel.
Johnson & Johnson said on Wednesday that Indian drugs authorities visited some of its facilities and it provided them with “tests and samples” of its talcum powder.
Nissan Motor Co CEO Hiroto Saikawa did not meet one-on-one with Thierry Bollore, the deputy CEO of Renault SA , during a meeting in Amsterdam, a source familiar with the matter said.
GlaxoSmithKline plans to split into two businesses — one for prescription drugs and vaccines, the other for over-the-counter products — after forming a new joint venture with Pfizer’s consumer health division.
Airfares in the fast-growing Indian market are 10 to 15 percent lower than breakeven levels for airlines, a Boeing Co executive said, as the planemaker raised its long-term jet order forecast for the nation to a record despite market challenges.
Bristol-Myers Squibb Co received an offer from Japanese healthcare firm Taisho Pharmaceutical Holdings Co Ltd to buy the company’s French over-the-counter drugs business UPSA for $1.6 billion, the companies said on Wednesday.
Estonia has made its first arrests in one of the biggest money laundering scandals in history involving Denmark’s Danske Bank , detaining 10 former employees at the bank’s Estonian branch, the state prosecutor said Wednesday.
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