Verizon Communications Inc expects to take charges of $1.8 billion to $2.1 billion in the current quarter for job cuts announced on Monday, the U.S. wireless carrier said.
Stocks jumped on Tuesday as investors clung to hopes of a detente in the China-U.S. trade war and picked through the rubble of conflagrations in other top economies, with heightened uncertainty over Brexit and French protests.
Automakers’ shares rose on Tuesday following a report that China could move to cut tariffs on American-made cars, a step which was forecast by U.S. President Donald Trump after a meeting with China’s president in Argentina.
U.S. stock futures rose about 1 percent on Tuesday, as signs of progress in trade talks between the United States and China eased jitters over the fragile relations between the two economic giants that have roiled the markets for months.
(Corrects December 10th story to show no formal decision has been made about discontinuing production of the Ford C-Max in paragraphs 1 and 3)
WM Morrisons shares jumped on Tuesday as traders cited market rumors that the UK supermarket chain could be subject to a takeover approach by U.S. online retail giant Amazon.com Inc .
Stocks rose tentatively on Tuesday as investors picked through the rubble of conflagrations in some of the world’s top economies amid heightened uncertainty over Brexit, a China-U.S. trade war and French protests.
A Tokyo court on Tuesday rejected ousted Nissan Motor chairman Carlos Ghosn’s appeal to end his detention following his arrest last month on allegations of financial misconduct.
Stocks rose tentatively on Tuesday as investors picked through the rubble of conflagrations in some of the world’s top economies amid uncertainty over Brexit, a China-U.S. trade war, and French protests.
Daimler will buy battery cells worth more than 20 billion euros ($23 billion) by 2030 as it readies mass production of hybrid and electric vehicles, the maker of Mercedes-Benz cars said on Tuesday.
Hyundai Motor’s two vice chairmen in charge of research and development, Yang Woong-chul and Kwon Moon-sik, have offered to resign, three people familiar with the matter said on Tuesday.
Uber Technologies Inc [UBER.UL] and smaller rival Lyft are driving side-by-side on the road to a stock market debut, and that may not bode well for Lyft as investors decide where to place their bets in the ride-hailing sector.
German luxury car maker Daimler , parent company of Mercedes-Benz, on Tuesday said it would buy battery cells worth more than 20 billion euros ($22.75 billion) by 2030 as it readies mass production of hybrid and electric vehicles.
Vivendi is calling for a shareholders meeting to change the board at Telecom Italia including five members proposed by activist fund Elliott, the French media conglomerate said on Tuesday.
A top executive at Chinese telecoms giant Huawei Technologies [HWT.UL] is set to return to a Vancouver courtroom on Tuesday, as the judge weighs final issues in determining whether she should be freed on bail while awaiting extradition proceedings.
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