February 12, 2019

Pernod CEO calls Elliott talks ‘cordial and constructive’

French spirits group Pernod Ricard’s CEO Alexandre Ricard on Tuesday described talks with activist investor Elliott as “confidential, but cordial and constructive”. Powered by WPeMatico
February 12, 2019

U.S. solar jobs down for second year as Trump tariffs weigh

The number of jobs in the U.S. solar industry dropped by 3.2 percent in 2018, a second year of losses, as the Trump administration’s tariffs on […]
February 12, 2019

Exclusive: India watchdog probes accusations that Google abused Android – sources

India’s antitrust commission is looking into accusations that Alphabet Inc’s unit Google abuses its popular Android mobile operating system to block its rivals, four sources with […]
February 12, 2019

Nissan books $84 million Ghosn-related charges, cuts outlook

Nissan Motor Co said it had booked around $84 million in charges related to under-reported compensation for ousted chairman Carlos Ghosn, and slashed its annual profit […]
February 12, 2019

Renault: Ghosn remains director of Renault, Bollore chairman of Renault-Nissan

Carlos Ghosn remains a director of Renault SA even though he has resigned as chairman and chief executive and Thierry Bollore is now chairman of the […]
February 12, 2019

Oil up on OPEC output cuts and as sanctions against Venezuela, Iran bite

Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although analysts expect surging U.S. output and concerns over economic […]
February 12, 2019

Exclusive: Russia expects to recover far less from ‘bad bank’ assets – sources

Russia will dramatically cut its estimate of the sum it expects to recover from a “bad bank” set up after the collapse of three major lenders, […]
February 12, 2019

Few tears shed by French workers after Macron’s Alstom dream is blocked

After four decades on the production line at French trainmaker Alstom, Claude Gemino had little sympathy for Emmanuel Macron when Brussels scotched the French president’s hopes […]
February 12, 2019

Exclusive: Walmart, Google-backed Deliv end online grocery partnership

Walmart Inc and logistics firm Deliv pulled the plug on a key same-day grocery delivery partnership, dealing a setback in the retailer’s race against rival Amazon.com […]
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