October 22, 2018

Ford sees higher metal costs, hopes China and U.S. can settle trade issues

Ford Motor Co has seen higher steel and aluminum costs driven by trade tariffs bite into profit, but is hopeful the United States and China can […]
October 22, 2018

Portugal’s Aptoide says wins first court ruling against Google

Portuguese app store Aptoide said on Monday a local court has ruled against Alphabet Inc’s Google, ordering it to stop removing Aptoide’s app from users’ mobile […]
October 22, 2018

Wall Street drops as China support fades, earnings disappoint

U.S. stocks edged down on Monday as early support from a rally in China faded, with lower oil prices and disappointing earnings signals from firms including […]
October 22, 2018

Oil holds near $80 as Saudi Arabia plans output increase

Oil hovered around $80 a barrel on Monday, lifted by a diplomatic crisis between Saudi Arabia and the West, just two weeks before U.S. sanctions potentially […]
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 […]
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