October 22, 2018

French company Danone expects to triple size of plant-based business by 2025

French food group Danone expects to triple the size of its plant-based business to 5 billion euros ($5.75 billion) by 2025 as it pushes further into […]
October 22, 2018

KKR’s Calsonic buys Fiat Chrysler parts firm Magneti Marelli for $7.1 billion

Japan’s Calsonic Kansei, owned by U.S. private equity firm KKR, has agreed to buy Fiat Chrysler’s Magneti Marelli for 6.2 billion euros ($7.1 billion) to form […]
October 22, 2018

Exclusive: Sears chairman Lampert seeks partner for bankruptcy financing – sources

Sears Holdings Corp Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer […]
October 22, 2018

Global banks curb China travel after UBS private banker stopped from leaving

Several global banks including Citigroup and Standard Chartered have asked their private banking staff to postpone or reconsider travel to China after authorities there prevented a […]
October 22, 2018

Philip Morris stop-smoking campaign attacked as PR stunt

Marlboro cigarette maker Philip Morris International drew accusations of hypocrisy on Monday after using a four-page newspaper advertisement to urge smokers to quit cigarettes. Powered by […]
October 22, 2018

Telefonica Deutschland calls for regulators to block Vodafone-Liberty deal

The head of Telefonica Deutschland called on Monday for EU regulators to block Vodafone’s planned acquisition of Liberty Global, saying it would lead to a “quasi-monopolisation” […]
October 22, 2018

Truck makers rev up for rollout of electric big rigs

Tesla Inc Chief Executive Elon Musk put electric heavy commercial trucks on the map in November 2017 when he unveiled the company’s futuristic, battery-powered Semi, booked […]
October 22, 2018

Italy relief, hopes for China stimulus buoy global stocks

European shares crept higher on Monday on relief over Italy’s budget, tracking rallies in Asia markets after China promised to provide stimulus to stabilize its economy […]
October 22, 2018

SoftBank COO pulls out of Saudi Arabia conference: Bloomberg

SoftBank Group Corp’s Chief Operating Officer Marcelo Claure will not be attending the Saudi Arabia investment conference this week, Bloomberg reported on Monday, citing a person […]
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