October 1, 2018

Thyssenkrupp to quickly exit industrials spin-off after split

Thyssenkrupp is to quickly sell a minority stake it will own in the capital goods business due to be spun off, the conglomerate’s chief executive told […]
October 1, 2018

Factbox: Thyssenkrupp breaks into two

Thyssenkrupp last week unveiled plans to spin off its capital goods business into a separately-listed entity, effectively splitting the conglomerate in two. Powered by WPeMatico
October 1, 2018

Husky sees MEG as potential ‘hand-in-glove’ Canada oil sands merger

Husky Energy Inc’s hostile bid for MEG Energy Corp reflects the need for Canadian oil companies to own integrated assets, from production to refineries, to manage […]
October 1, 2018

GE’s Flannery steps down as CEO, shares jump 15 percent

General Electric Co Chief Executive Officer John Flannery abruptly stepped down on Monday just over a year after taking the role, and the company announced a […]
October 1, 2018

Trump hails ‘historic’ Canada, Mexico trade pact

Donald Trump on Monday praised Canada’s entry into a reworked NAFTA pact with the United States and Mexico after the two countries forged a last-minute agreement […]
October 1, 2018

Electric cars cast growing shadow on profits

Electric cars are poised to arrive en masse in European showrooms after years of hyped concept-car launches and billions in investment by automakers and suppliers. Powered […]
October 1, 2018

Canadian dollar, stocks rise as NAFTA salvaged

Optimism about a reconstituted free trade agreement among the United States, Canada and Mexico and what it could mean for trade relations elsewhere helped world markets […]
October 1, 2018

OPEC oil output boost in September limited by Iran losses: Reuters survey

OPEC delivered only a limited increase in oil production in September, a Reuters survey has found, as a cut in Iranian shipments due to U.S. sanctions […]
October 1, 2018

Pfizer replaces longtime CEO Read with veteran Bourla

Pfizer Inc on Monday named operating chief Albert Bourla as its next chief executive officer, replacing Ian Read who held the top post at the drugmaker […]
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