January 24, 2019

Renault names new leaders as scandal-hit Ghosn bows out

Renault appointed Michelin boss Jean-Dominique Senard as its new chairman on Thursday, after Carlos Ghosn was forced to resign in the wake of a financial scandal […]
January 24, 2019

U.S. shutdown ‘extremely negative’ for IPO market: Morgan Stanley CEO

Morgan Stanley Chief Executive Officer James Gorman said on Thursday it would be extremely negative for the initial public offering market if the United States government […]
January 24, 2019

U.S. copper projects gain steam thanks to electric vehicle trend

Once seen as a laggard in the global mining industry, U.S. copper deposits have quietly drawn more than $1.1 billion in investments from small and large […]
January 24, 2019

Airbus CEO warns of ‘harmful decisions’ for UK jobs in a no-deal Brexit

Airbus warned on Thursday it could shift future wing-building out of Britain in the absence of a smooth exit from the European Union, predicting “potentially very […]
January 24, 2019

Siemens CEO declined offer for support from activists: Manager Magazin

Siemens Chief Executive Joe Kaeser has declined requests from some activist investors whether he would need “support” in running the German industrial conglomerate, the CEO told […]
January 24, 2019

U.S. universities unplug from China’s Huawei under pressure from Trump

Top U.S. universities are ditching telecom equipment made by Huawei Technologies and other Chinese companies to avoid losing federal funding under a new national security law […]
January 24, 2019

Southwest Airlines flags shutdown impact; profit falls 62.6 percent

Southwest Airlines Co said on Thursday the U.S. partial government shutdown had knocked between $10 million and $15 million off its revenue thus far in January […]
January 24, 2019

Exclusive: Hedge fund prepares proxy fight to oust board at embattled PG&E

PG&E Corp  shareholder Blue Mountain Capital Management LLC is preparing to launch a proxy fight to oust the embattled California utility owner’s board, arguing that the company is harming […]
January 24, 2019

Bombardier to buy Global jet wing-making unit from Triumph

Canada’s Bombardier Inc said on Thursday it will buy a wing manufacturing unit from aircraft parts supplier Triumph Group to boost its business jets program. Powered […]
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