September 25, 2019

U.S. new home sales accelerate; lower mortgage rates a boost

Sales of new U.S. single-family homes rebounded more than expected in August, the latest sign that the struggling housing market was starting to get a lift […]
September 25, 2019

Futures fall on Trump impeachment push, Nike gains

U.S. stock index futures edged lower on Wednesday as a move to launch an impeachment inquiry into President Donald Trump injected a fresh dose of uncertainty, […]
September 25, 2019

Ford close to JV deal with Mahindra in India: sources

Ford Motor Co and Mahindra & Mahindra are likely to sign a deal next week to form a joint venture in India, two sources told Reuters, […]
September 25, 2019

Thyssenkrupp plunged into turmoil as CEO Kerkhoff set to leave

Thyssenkrupp said it was preparing to replace its chief executive Guido Kerkhoff, making him the latest casualty at the German steel-to-submarines conglomerate which has been in […]
September 25, 2019

Top shareholder Cevian backs new Thyssenkrupp CEO Merz

Swedish fund Cevian Capital, Thyssenkrupp’s second-biggest shareholder, on Wednesday said it fully supported the appointment of Martina Merz as new chief executive of the German industrial […]
September 25, 2019

Thyssenkrupp No.1 investor says it fully supports Chairwoman Merz

The Alfried Krupp von Bohlen und Halbach foundation, Thyssenkrupp’s top shareholder with two seats on its supervisory board, on Wednesday said it fully supports chairwoman Martina […]
September 25, 2019

Thyssenkrupp works council wants faster strategy implementation

Thyssenkrupp must implement its strategy faster and more consistently following the planned replacement of current Chief Executive Guido Kerkhoff, the head of the company’s works council […]
September 25, 2019

Saudi Aramco seeks project finance loan of more than $1 billion: sources

Saudi Aramco has asked banks to submit proposals for a project finance loan of more than $1 billion, two sources with direct knowledge of the matter […]
September 25, 2019

Britain to operate 70 flights to bring back people after Thomas Cook collapse

More than 70 flights were scheduled to operate on Wednesday, Britain’s Civil Aviation Authority said, to bring back 16,500 people after the collapse of travel firm […]
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