May 15, 2019

Nestle in talks with EQT Partners to sell skin health unit: source

Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to […]
May 15, 2019

Exclusive: Kone looks at options for potential Thyssenkrupp elevator deal – sources

Finland’s Kone is assessing the viability of a bid for Thyssenkrupp’s 14 billion euro ($15.7 billion) elevators division even as the German conglomerate pursues plans to […]
May 15, 2019

Wall Street gains on optimism over possible delay in auto tariffs

U.S. stocks gained ground on Wednesday after a report that President Donald Trump was set to delay a decision to impose auto tariffs, offering respite to […]
May 15, 2019

Ford recalling 273,000 vehicles in North America that could roll away

Ford Motor Co is recalling nearly 273,000 Ford Fusion and Ranger pickup trucks in North America that could roll away if the gear is not in […]
May 15, 2019

U.S. close to resolving tariffs row with Canada, Mexico: Mnuchin

The United States is close to resolving a dispute over steel and aluminum tariffs with Canada and Mexico, U.S. Treasury Secretary Steven Mnuchin said on Wednesday […]
May 15, 2019

U.S. bank regulator will vet next Wells Fargo CEO

A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co’s pick for its next chief executive, a development that could complicate […]
May 15, 2019

No easy options for China as trade war, U.S. pressure bite

China is running out of options to hit back at the United States without hurting its own interests, as Washington intensifies pressure on Beijing to correct […]
May 15, 2019

Mnuchin says China trade talks likely to continue in Beijing

U.S. Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel to Beijing at some point soon to continue trade talks with Chinese counterparts, adding […]
May 15, 2019

Tencent profit tops forecast as fintech and cloud revenues surge

Tencent Holdings Ltd posted record quarterly profit on Wednesday, smashing market expectations, as the social media and gaming giant booked a rise in the value of […]
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