LONDON (Reuters) – Unilever is “extremely unlikely” to stay in Britain’s FTSE 100 blue chip share index after the consumer products company moves its headquarters to the Netherlands.
LONDON (Reuters) – Rolls-Royce is to cut 4,600 jobs over two years in the latest attempt by boss Warren East to reduce costs and complexity and make Britain’s best known engineering company more profitable and dynamic.
HOUSTON (Reuters) – Only a few years ago, shale CEOs and the Organization of the Petroleum Exporting Countries were in open conflict.
Solid first-quarter results impressed analysts and investors alike. …read more […]
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BRAUNSCHWEIG, Germany (Reuters) – German prosecutors could wrap up an investigation into alleged market manipulation by senior Volkswagen executives this year, the prosecutors said on Thursday, after ordering the carmaker to pay 1 billion euros to settle claims of emissions cheating.
LONDON (Reuters) – Oil prices steadied on Thursday, but were likely to remain under pressure from evidence of rising U.S. output and uncertainty over the outlook for supply before a key meeting next week of the world’s largest exporters.
BRAUNSCHWEIG, Germany (Reuters) – Prosecutors said a probe against senior Volkswagen executives for market manipulation could be concluded this year, after they ordered the carmaker to pay 1 billion euros ($1.2 billion) to settle claims for emissions cheating.
LONDON (Reuters) – The euro rose to its highest in a month but world stocks wilted on Thursday, as the European Central Bank prepared to pull the plug on its 2.55 trillion-euro, three-year stimulus program.
HAMBURG (Reuters) – Engine makers Pratt & Whitney and CFM are on track with a recovery plan after delays left Airbus having to park dozens of aircraft without engines, an executive at the European planemaker said on Thursday.
LONDON (Reuters) – Rolls-Royce is to cut 4,600 jobs over two years in the latest attempt by boss Warren East to cut costs and make Britain’s best known engineering company more profitable and dynamic.
PARIS (Reuters) – French Finance Minister Bruno Le Maire urged General Electric on Thursday to stick to job commitments at Alstom after the U.S. group informed him it would not be able to create as many as previously planned.
HONG KONG (Reuters) – Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban.
LONDON (Reuters) – Britain’s Rolls-Royce said it would cut 4,600 jobs to save 400 million pounds a year in the latest attempt by CEO Warren East to simplify the business and generate more cash.
LONDON (Reuters) – Britain’s Rolls-Royce said it would cut 4,600 jobs primarily in the UK as part of a plan to simplify its business and save 400 million pounds ($536 million) a year by the end of 2020.
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