Business & Finance News
Nespresso, part of food giant Nestle, aims to use sustainable aluminum in all of its coffee capsules by 2020 under a deal with mining major Rio Tinto announced on Monday.
Global ports operator DP World believes international trade tensions such as those between the United States and China will make 2019 challenging but not unmanageable, its chairman said on Sunday.
Forty-four percent of German firms expect a further escalation of trade tensions between Europe and the United States, which is likely to continue to dampen new investments, the RND newspaper chain reported, citing a survey by the IW economic institute.
More than a dozen top U.S. energy companies have pledged $100 million toward easing stresses on health care, education and civic infrastructure from the shale oil and gas boom in West Texas and New Mexico, the group said on Sunday.
J.Crew Group Inc, known for its preppy men’s and women’s clothing, said on Saturday that its Chief Executive Officer James Brett is leaving the company, effective immediately.
Transport Minister Andreas Scheuer wants to open the German market to car pooling services offered by Uber and other companies by 2021, Focus magazine reported Saturday.
S&P 500 companies have set another record in share repurchases in the third quarter and look on track to break above $200 billion in buybacks for the quarter, according to an S&P Dow Jones Indices analysis.
The chief of California’s top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E caused the embattled power utility’s stock to surge over 40 percent in a matter of minutes.
Karey Burke will replace Channing Dungey as president of Walt Disney’s ABC Entertainment, the company said on Friday.
Bombardier Inc’s top executives met with investors in Montreal on Friday after a disappointing free cash flow forecast and regulatory action, which sent the plane and train maker’s shares down 20 percent, sources familiar with the matter said.
Karey Burke will replace Channing Dungey as president of Walt Disney’s ABC Entertainment, the company said on Friday.
The chief of California’s top utilities regulator said on Friday he was “stunned and terrified” to learn that reassurances he made to investors about PG&E caused the embattled power utility’s stock to surge over 40 percent in a matter of minutes.
Veteran Italian manager Luigi Gubitosi is seen ahead in the race to become the new chief executive of Italy’s biggest telecoms group Telecom Italia (TIM) , two sources familiar with the matter said.
Oil ended slightly firmer after volatile trading on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries would agree to cut output next month, though prices fell for the sixth straight week amid global oversupply concerns.
The head of California’s top utilities regulator said on Friday that utilities must be able to borrow money cheaply in order to properly serve ratepayers, affirming comments about PG&E Corp that sent its stock surging 37 percent.
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