Business & Finance News
RIO DE JANEIRO/HOUSTON (Reuters) – U.S. oil producer Chevron Corp permanently assigned its Brazil country chief to run its Venezuelan operations, three sources said this week, after the months-long detention of two executives escalated tensions between the OPEC-member nation and foreign oil firms.
WILMINGTON, Del. (Reuters) – Elon Musk’s multi-billion dollar compensation package should be rescinded and the board of Tesla Inc should be overhauled to better protect investors in the electronic car company, according to a law suit filed by a shareholder on Thursday.
LA MALBAIE, Quebec (Reuters) – German Chancellor Angela Merkel on Friday floated an idea to set up a way to resolve trade disputes between the United States and its allies, a French official said as consensus appeared to elude G7 leaders at a summit in Canada.
LA MALBAIE, Canada (Reuters) – British Prime Minister Theresa May on Friday warned both U.S. President Donald Trump and the European Union of the dangers of entering a tit-for-tat trade war over tariffs, urging both sides to instead focus on China’s excess steel production.
WASHINGTON (Reuters) – A federal judge will decide next week whether AT&T , which owns DirecTV, will be allowed to buy Time Warner , home to CNN and March Madness basketball, for $85 billion.
(Reuters) – U.S. stock indexes closed higher on Friday as investors shrugged off concerns about global trade tensions, but trading volume was relatively light ahead of a busy week of central bank meetings.
LA MALBAIE, Quebec (Reuters) – German Chancellor Angela Merkel on Friday floated an idea to set up a mechanism to resolve trade differences with the United States and prevent future ones, a French official said as consensus appeared to elude G7 leaders at a summit in Canada.
NEW YORK (Reuters) – U.S. stock indexes edged higher in a choppy trading session on Friday as investors placed bets ahead of a busy week of central bank meetings and appeared to shrug off concerns about global trade.
(Reuters) – European planemaker Airbus SE has finalized a rescue deal for Bombardier Inc’s CSeries jet and is expected to flex its cost-cutting and marketing muscle to revive the money-losing Canadian venture.
STUTTGART (Reuters) – Sport car maker Porsche will name its first all-electric car model the Taycan, it said on Friday, a year before it plans to launch serial production of a vehicle that will compete with Tesla’s Model S.
(Reuters) – U.S. stock indexes edged higher on Friday as investors placed bets ahead of a busy week of central bank meetings and some traders cited a shift out of emerging markets most exposed to higher oil prices and global trade tensions.
BRUSSELS (Reuters) – U.S. cable company Comcast is set to gain unconditional EU antitrust approval for its bid to buy European pay-TV company Sky , two people familiar with the matter said on Friday.
WASHINGTON (Reuters) – A consumer advocacy group on Friday urged Tesla Inc to fix what it termed as “flaws” in the automaker’s driver-assistance system Autopilot after a preliminary government report said a driver did not have his hands on the vehicle’s steering wheel in the final six seconds before a fatal crash.
BRUSSELS (Reuters) – EU antitrust regulators are set to approve U.S. cable company Comcast’s bid for European pay-TV company Sky without demanding concessions, two people familiar with the matter said on Friday.
(Reuters) – Verizon Communications Inc named Chief Technology Officer Hans Vestberg its new CEO, surprising analysts and signaling the No. 1 wireless company’s priority is building the next-generation 5G network, not expanding further into media content.
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