Former IDG Communications CEO Friedenberg named Reuters News president
Thomson Reuters Corp has appointed former IDG Communications CEO Michael Friedenberg as president of Reuters news and media operations, Thomson Reuters said on Tuesday.
Thomson Reuters Corp has appointed former IDG Communications CEO Michael Friedenberg as president of Reuters news and media operations, Thomson Reuters said on Tuesday.
The U.S. Defense Department expects to award Lockheed Martin Corp an interim contract for a 12th batch of F-35 fighter jets “very shortly” and finalize the deal by next spring, the Pentagon’s chief arms buyer Ellen Lord said.
TransCanada Corp is reviewing a decision by a Montana judge blocking construction of the Keystone XL pipeline, but the impact on project timing remains unclear, the company’s top crude pipeline executive said on Tuesday.
The head of Walmart Inc’s Indian venture Flipkart Group, Binny Bansal, has resigned following an internal probe into “serious personal misconduct”, Walmart said on Tuesday, and two people familiar with the matter said it involved an accusation of sexual assault.
Tyson Foods Inc reported quarterly sales on Tuesday that missed Wall Street estimates, as the top U.S. meat processor was hit by lower demand for chicken, sending shares down nearly 7 percent.
Oil’s fall accelerated on Tuesday, with U.S. futures dropping to lows not seen in 11 months due to ongoing worries about weakening global demand, oversupply and selloffs across other asset classes, including equities.
Geneva prosecutors said on Tuesday they are looking at whether Credit Suisse exercised adequate oversight of money deposited in its accounts that belonged to Turkish investors who suffered losses.
General Electric Co on Tuesday unveiled a plan to raise about $4 billion by accelerating a proposed sale of a stake in oilfield services provider Baker Hughes , its latest move to simplify its businesses and reduce debt.
U.S. shared office space provider WeWork Cos has secured an additional $3 billion in funding from Japan’s SoftBank Group Corp, according to an investor presentation seen by Reuters.
U.S. stocks rose on Tuesday as technology stocks bounced back after a steep selloff in the previous session and hopes of progress in the U.S.-China trade talks boosted industrials, even though a decline in Apple Inc curbed gains.
Chinese carmaker Zotye Automobile said on Tuesday that it plans to begin selling SUVs in the United States in 2020.
Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country’s 5G infrastructure amid concerns this could compromise national security.
Franklin Templeton Investments entered the $67 billion Israeli retail market on Tuesday after the government allowed foreign firms to offer offshore products directly to investors.
Amazon.com Inc said on Tuesday it will build offices for up to 25,000 people in New York City’s Queens borough and in Northern Virginia, near Washington, D.C., ending a year-long bidding war for a $5 billion second headquarters that will now be split in two.
The U.S. decision to cut off a Chinese state-backed chipmaker from U.S. suppliers amid allegations the firm stole intellectual property breaks World Trade Organization rules and aims to protect a U.S. monopoly, China told a WTO meeting on Tuesday.
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