Sun, Feb 16, 2020
7:10 pmClock's ticking for Nissan boss Uchida to show he has a plan: sources
Nissan's new CEO Makoto Uchida doesn't have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company's board.
5:59 pmBritish Airways COO and director of people to leave
British Airways said on Sunday its Chief Operating Officer, Klaus Goersch, and its Director of People, Angela Williams, were leaving the company.
5:50 pmU.S. peach grower awarded $265 million from Bayer, BASF in weedkiller lawsuit
A Missouri jury's $265 million award to peach grower Bill Bader in his lawsuit against herbicide providers Bayer and BASF has raised the stakes for the two companies as at least 140 similar cases head to U.S. courts later this year.
5:20 pmNew York drops fight against T-Mobile-Sprint merger
New York on Sunday dropped its fight against the $40 billion merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , saying the state would not appeal a judge's approval of the deal.
3:59 pmAlstom nears deal to buy Bombardier's train unit: source
France's Alstom SA is close to clinching a deal to buy Bombardier Inc's train business which will give the unit an enterprise value of $7 billion, according to a source familiar with the matter.
2:18 pmTesla ordered by German court to stop cutting down trees for Gigafactory
A German court on Sunday ordered Tesla Inc to stop clearing forest land near the capital Berlin to build its first European car and battery factory, a victory for local environmental activists.
2:11 pmLebanon's MEA reverses move to charge in dollars
Lebanon's state-owned carrier Middle East Airlines (MEA) reversed a decision to accept payment only in U.S. dollars after a backlash on Sunday, Lebanese media and an MEA source said.
1:49 pmAmazon, Flipkart seek rollback of new Indian tax on online sellers
Amazon and Walmart's Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents seen by Reuters.
1:48 pmCarrefour to buy 30 stores in Brazil from rival Makro
The Brazilian unit of France's Carrefour SA has agreed to buy 30 stores from rival retailer Makro's Brazilian subsidiary for 1.95 billion reais ($453.69 million), the French retailer said in a securities filing on Sunday.
11:20 amRegulators should allow RTL and ProSieben to merge: Rabe
The head of publisher Bertelsmann said its TV arm RTL should be allowed to merge with German rival ProSiebenSat.1 , to give them a fighting chance against U.S. streaming giants.
7:20 amTreat us like something between a telco and a newspaper, says Facebook's Zuckerberg
Online content should be regulated with a system somewhere between the existing rules used for the telecoms and media industries, Facebook CEO Mark Zuckerberg told global leaders and security chiefs on Saturday.
7:19 amU.S. weighs blocking GE engine sales for China's new airplane: sources
The U.S. government is considering whether to stop General Electric Co from continuing to supply engines for a new Chinese passenger jet, according to people familiar with the matter, casting uncertainty over China's efforts to enter the civil aviation market.
Sat, Feb 15, 2020
2:38 pmToyota to resume China output at three plants next week
Toyota Motor Corp said on Saturday it plans to resume output at three of its four main auto plants in China next week.
2:37 pmFactbox: Carmakers look to resume China output after virus forced closures
Automakers including Daimler, Ford and Tesla are looking to resume production in China after being forced to shut factories following the outbreak of a new coronavirus.
11:08 amRebuffed by UK, U.S. pitches 'big tent' for Huawei rivals in Europe
The United States is seeking to rally European support for competitors to Huawei Technologies following disappointment in Washington over Britain's decision to use 5G equipment made by the Chinese company.
10:32 amVodafone assesses payment to India in dispute over dues
Vodafone Idea Ltd said on Saturday it was assessing how much it would pay the Indian government as part of dues owed and said it proposed making a payment in the next few days.
9:29 amFrom wind power to cow manure: oil traders seek new profit recipe
The world's largest oil traders are pouring hundreds of millions of dollars into climate-friendly projects - including wind farms, cow manure plants and blue hydrogen - as they seek to match the profits they make from trading oil.
9:29 amFactbox: Big oil traders start investing in renewables
The world's big oil trading firms are investing heavily in environmentally-friendly projects as they face increasing pressure from investors, governments, activists and financiers to find a sustainable business model.
9:12 amInvestment bank loss mars Thiam's final act at Credit Suisse
Credit Suisse posted its highest annual profit in nearly a decade on Thursday, but volatile earnings at its investment bank and trading divisions muted outgoing Chief Executive Tidjane Thiam's swan song.
9:12 amActivists in dinghy urge Credit Suisse off climate 'collision course'
Climate activists clad in Titanic-era costumes gathered in a rubber dinghy outside Credit Suisse's headquarters on Thursday, to urge incoming chief executive Thomas Gottstein to steer the bank off a climate "collision course".
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