January 14, 2019

Pernod Ricard to meet activist Elliott ahead of earnings update: sources

Pernod Ricard will meet activist hedge fund Elliott this month as the family-backed spirits firm faces pressure to improve its margins, sources familiar with the situation […]
January 14, 2019

Newmont takes top gold producer spot with $10 billion Goldcorp buy

Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc for $10 billion, creating the world’s biggest gold producer in the face of […]
January 14, 2019

Fiat Chrysler reviews Italy plan after new taxes on polluting cars

Fiat Chrysler (FCA) is reviewing its investment plan for Italy after the country approved taxes on the purchase of larger petrol and diesel cars, CEO Mike […]
January 14, 2019

FedEx pays $35.4 million to end NY lawsuit over illegal cigarettes

FedEx Corp will pay $35.4 million to settle three lawsuits in which New York state and New York City accused the company of shipping millions of […]
January 14, 2019

HSBC settles forex deals worth $250 billion on blockchain in last year

HSBC has settled $250 billion worth of forex trades using blockchain in the last year, it said on Monday, suggesting the heavily hyped technology is gaining […]
January 14, 2019

U.S. government shutdown holds up FAA approval of aircraft, routes

Federal Aviation Administration (FAA) approval of aircraft such as Boeing’s MAX 8 and new routes like Southwest Airline Co’s Hawaii launch are on hold due to […]
January 14, 2019

PG&E bond prices fall, spreads widen on bankruptcy plans

Bonds of PG&E Corp , owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing […]
January 14, 2019

Citigroup beats profit estimates on lower expenses, shares rise

Citigroup Inc beat Wall Street profit estimates on Monday as lower expenses offset a drop in quarterly revenue, stemming from year-end volatility in its fixed-income trading […]
January 14, 2019

Nissan CEO appeals to Renault board to review Ghosn findings

Nissan believes alliance partner Renault’s board will back its decision to oust Chairman Carlos Ghosn when it sees details of the Japanese carmaker’s investigation into his […]
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