December 12, 2019

Factbox: Nestle CEO Mark Schneider’s top deals over the past three years

Mark Schneider, Nestle’s first outside chief executive officer in almost a century, has made big strides in positioning the world’s largest food company for the future […]
December 12, 2019

Nokia, Daimler, others agreed to mediation to resolve licensing dispute

Nokia, German carmaker Daimler and several car parts suppliers have agreed to independent mediation to resolve their technology licensing dispute, the Finnish telecoms equipment maker said […]
December 12, 2019

Oil market to remain oversupplied despite deepening OPEC+ cuts: IEA

Global oil inventories could rise sharply despite OPEC and its allies deepening their output cuts and slowing U.S. production growth, the International Energy Agency (IEA) said […]
December 12, 2019

Saudi Aramco hits Crown Prince’s $2 trillion goal despite valuation doubts

Saudi Aramco hit the $2 trillion target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up a second […]
December 12, 2019

Ferrari CEO does not expect fully-electric model until after 2025

Ferrari won’t have its first fully electric model ready until after 2025 as the battery technology requires more development, Chief Executive Louis Camilleri said, pushing back […]
December 12, 2019

Samsung to invest an extra $8 billion in China chip plant: media

Samsung Electronics will increase investment at its chip factory in China by $8 billion to boost production of NAND flash memory chips, Chinese media reported on […]
December 12, 2019

China has ‘important concerns’ about Boeing 737 MAX design changes: regulator

China has raised “important concerns” with Boeing Co regarding design changes proposed to end the grounding of the Boeing 737 MAX airliner, Beijing’s aviation regulator said […]
December 12, 2019

Saudi Aramco tops Crown Prince’s $2 trillion goal on share surge

Saudi Aramco hit the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares clocked up a second day […]
December 12, 2019

Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation: sources

Citigroup and Credit Suisse have dropped out of the U.S. initial public offering (IPO) of Chinese shared workspace provider Ucommune, baulking at its desired valuation, two […]
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