Business & Finance News
The Italian government will summon representatives of ArcelorMittal for a meeting following the group’s decision to pull out of a contract to take over struggling Italian steel maker Ilva, a government source said on Monday.
The European Union argued on Monday for the withdrawal of tariffs imposed by U.S. President Donald Trump on metal imports in one of the most high-profile and potentially explosive cases to come to the World Trade Organization (WTO).
Technology stocks pushed Wall Street’s three main indexes to record highs on Monday, as hopes of a U.S.-China trade deal and an improving domestic economy boosted risk appetite.
McDonald’s Corp said on Monday former chief executive officer, Steve Easterbrook, was eligible for six months of severance pay as part of his termination agreement with the company.
Indonesia’s Lion Air has accelerated preparations for a stock market listing in the first quarter of next year with an initial public offering (IPO) that could raise up to $1 billion, several sources close to the matter said on Monday.
German premium carmaker Audi will ramp up engine output to 2.25 million units next year at its Hungarian factory, up from 1.95 million produced in 2018, Hungarian Foreign Minister Peter Szijjarto said on Monday.
India’s Prime Minister Narendra Modi said on Monday that he could not compromise the interests of farmers and workers at home by joining a China-led regional trade pact after it failed to address Delhi’s concerns over market access.
Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document seen by Reuters, the latest in a series of measures to speed the adoption of low-emissions vehicles.
The surprise exit of McDonald’s Corp chief executive officer, Steve Easterbrook, over the weekend has Wall Street wondering whether the burger chain’s multi-billion dollar strategy to boost sales could change under the new head.
Oil prices crept upwards on Monday, with Brent reaching its highest in more than a month after the previous day’s boost from growing expectations of a U.S.-China trade deal and Iran flagging OPEC discussions over a deeper output cut next month.
Charter Communications Inc unit Time Warner Cable must pay $140 million in damages for infringing five Sprint Corp telecommunications patents after the U.S. Supreme Court on Monday refused to hear Time Warner’s appeal in the case.
McDonald’s Corp head of U.S. operations, Chris Kempczinski, replaced Steve Easterbrook as chief executive officer of the world’s largest fast-food chain on Sunday.
Wall Street’s three main indexes opened at all-time highs on Monday, as tech stocks gained on optimism over a U.S.-China trade deal and an improving domestic economy.
Wall Street’s three main indexes were set to open at record highs on Monday, buoyed by hopes of a U.S.-China trade deal and an improving domestic economy.
Thyssenkrupp plans to invest 250 million euros ($279 million) at its unit that builds submarines and warships, the German industrial conglomerate said on Monday.
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