Business & Finance News
Danske Bank said on Wednesday it had dropped plans to appoint Jacob Aarup-Andersen as chief executive after the Danish Financial Supervisory Authority (FSA) said a candidate with more experience was needed.
Ryanair does not expect to grow in Germany next year, after closing its bases in the northern German city of Bremen and at Weeze near Duesseldorf, Chief Executive Michael O’Leary told Reuters on Wednesday.
OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks to avoid the risk of U.S. legal action for manipulating the market, sources close to OPEC said.
The U.S. Trade Representative’s office told Congress on Tuesday it intends to open trade talks with the European Union, the United Kingdom and Japan.
Volkswagen Group , Fiat Chrysler and Renault led a 23.4 percent European car sales decline in September, the main regional industry body said on Wednesday, as automakers continued to suffer from the introduction of tougher new emissions tests.
Japan’s Fujifilm Holdings Corp has won an appeal in its legal battles with Xerox Corp , with a New York court overturning preliminary injunctions requested by an activist investor that had blocked their planned merger.
Chinese search engine Baidu Inc has become the first Chinese company to join an artificial intelligence (AI) ethics group led by top U.S. tech firms, amid wider political clashes over AI competition between China and the United States.
Asian equities got some welcome relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little faith in emerging market stocks and currencies.
The Chinese city of Zhoushan is in talks with oil major Exxon Mobil Corp to build a $7 billion ethylene plant in the city south of Shanghai, it said in a statement released on Wednesday.
Even as crude prices hover near four-year highs, U.S. oilfield service firms’ third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending.
Fujifilm Holdings Corp has won an appeal in its legal battle with Xerox Corp , with a U.S. court overturning preliminary injunctions requested by activist investors that had blocked a planner merger.
Asian equities got some welcome relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little faith in emerging market stocks and currencies.
Asian equities got some much needed relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little confidence in emerging market stocks and currencies.
Netflix Inc hooked 7 million new streaming subscribers from July to September, a third more than Wall Street had expected, reassuring investors who had worried the company was facing a slowdown in its fast-paced growth.
Tesla Inc and General Motors Co , which have lobbied Congress to lift a cap on electric vehicles eligible for a $7,500 tax credit, could get their way for up to four years under a new proposal from a Republican senator.
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