Business & Finance News
Brazil’s Embraer SA said on Monday it has finalized terms of a proposed deal to sell 80 percent of its commercial aviation business to Boeing Co, now valuing the division at $5.26 billion.
Alphabet Inc’s Google is investing more than $1 billion on a new campus in New York, becoming the second major technology company after Amazon to pick America’s financial capital to expand and create thousands of jobs.
Nissan Motor’s CEO called on directors at alliance partner Renault to heed its reasons for sacking former Chairman Carlos Ghosn over alleged financial misconduct amid tensions over how to handle the fallout from his arrest.
U.S. stock index futures started the week cautiously on Monday, after skidding at the end of last week, as edgy investors waited for the Federal Reserve’s monetary policy guidance and its implications of slowing global growth.
Oil prices rose on Monday after a key Middle East oil minister suggested the market was rebalancing, but investor sentiment remained under pressure from oversupply and concern over the prospects for global economic growth and fuel demand.
Malaysia on Monday filed criminal charges against Goldman Sachs and two of the U.S. bank’s former employees in connection with an investigation into suspected corruption and money laundering at state fund 1MDB.
Brazil’s Embraer said on Monday it had finalised the terms of a proposed deal to sell 80 percent of its commercial aviation business to Boeing, now valuing the division at $5.26 billion.
Brazil’s Embraer said on Monday it had finalized the terms of a proposed deal to sell 80 percent of its commercial aviation business to Boeing .
German luxury carmaker Mercedes-Benz on Monday said it would offer discounts on cars imported into China from the United States until March 31 after Beijing suspended additional tariffs on U.S.-made cars.
Nissan’s Chief Executive said on Monday he hoped alliance partner Renault SA will listen to its explanation of financial misconduct by former Chairman Carlos Ghosn.
Alphabet Inc’s Google said on Monday that it is investing over $1 billion to establish a new campus in New York city, as it expands its presence in the city’s technology corridor along the Hudson River.
Swiss food giant Nestle is cutting around 380 jobs in Germany by closing two locations and reducing the workforce at two others as it reacts to lower demand and shifts some production elsewhere, the company said on Monday.
Markets started cautiously as the concern over global growth that sent world stocks to 17-month lows was only partly tempered by expectations of encouraging messages from the United States and China.
The German state of Baden-Wuerttemberg plans to sue Volkswagen over the carmaker’s cheating of emissions tests, newspaper Frankfurter Allgemeine Zeitung (FAZ) reported on Monday.
An Italian judge said on Monday there was evidence showing oil groups Eni and Royal Dutch Shell were aware that their 2011 purchase of a Nigerian oilfield would result in corrupt payments to Nigerian politicians and officials.
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