February 5, 2019

Uniper CEO, CFO to step down at end of August

The chief executive and finance chief of energy group Uniper, which has been in a tussle with major shareholder Fortum, will step down at the end […]
February 5, 2019

Fiat Chrysler recalls 882,000 pickup trucks for steering, pedal issues

Fiat Chrysler Automobiles NV said on Tuesday it would recall 882,000 pickup trucks worldwide in two new recalls to address steering and pedal issues. Powered by […]
February 5, 2019

U.S. jury orders Takeda to pay Bayer $155 million over hemophilia drug

A U.S. jury has ordered Takeda Pharmaceutical Co’s Baxalta unit to pay Bayer AG $155.19 million for infringing a patent related to a Baxalta hemophilia treatment, […]
February 5, 2019

Small-cap stocks shrug off debt concerns, for the moment

Small-cap stocks were among the biggest losers during the stock market’s rout late last year as investors worried about high leverage, but they have outperformed in […]
February 5, 2019

Appaloosa steps up pressure on Allergan to split chairman, CEO roles

Hedge fund Appaloosa LP on Tuesday urged pharmaceutical company Allergan Plc to split its chairman and chief executive roles, arguing that an independent chair could help […]
February 5, 2019

HSBC cuts dozens of investment banking jobs: source

HSBC is preparing to lay off dozens of staff in its global banking and markets business, a source with direct knowledge of the matter told Reuters […]
February 5, 2019

Ralph Lauren steps up Instagram game, tops holiday sales forecasts

A marketing blitz involving supermodels and Instagram helped Ralph Lauren woo more customers and report another quarter of better-than-expected sales and earnings, sending its shares up […]
February 5, 2019

Renault-Nissan alliance, Google to partner on self-driving cars: Nikkei

The Renault-Nissan-Mitsubishi alliance will tie up with Alphabet Inc’s Google to develop autonomous taxis and other services using self-driving vehicles, the Nikkei reported on Tuesday. Powered […]
February 5, 2019

Appaloosa renews call to separate chairman, CEO roles at Allergan

Hedge fund Appaloosa LP has urged Allergan Plc’s board to separate the roles of chairman and chief executive officer, it said on Tuesday, a year after […]
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