December 18, 2019

Canada’s SNC-Lavalin unit to plead guilty to fraud charge in Libya case: La Presse

An SNC-Lavalin Group division will plead guilty to a fraud charge related to projects in Libya after an agreement with prosecutors, La Presse reported on Wednesday, […]
December 18, 2019

Oil steadies on U.S. crude inventories fall, demand hopes

Oil prices steadied on Wednesday after U.S. government data showed a decline in crude inventories and on expectations for an uptick in demand next year on […]
December 18, 2019

FedEx shares fall as outlook cut spooks investors

Shares of FedEx Corp fell nearly 10% on Wednesday after the world’s largest packaging company cut its 2020 profit forecast for the second time as it […]
December 18, 2019

Long road ahead as Fiat Chrysler, Peugeot agree to $50 billion merger

Fiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world’s fourth biggest carmaker, and now face the challenge of winning over […]
December 18, 2019

Factbox: Fiat Chrysler, Peugeot tie-up: how does it work?

Fiat Chrysler and Peugeot maker PSA are pushing ahead with a planned merger worth about $50 billion aimed at creating the world’s No. 4 carmaker. Powered […]
December 18, 2019

Aramco shares slip on day of MSCI, Tadawul inclusion

Saudi Aramco shares fell almost 3% on Wednesday as investors pocketed profits on the day it was included in the MSCI Emerging Markets Index and the […]
December 18, 2019

Lenovo founder Liu Chuanzhi to retire

Lenovo Group’s founder, Liu Chuanzhi, will retire at the year end as chairman of its parent Legend Holdings, the company said on Wednesday. Powered by WPeMatico
December 18, 2019

Fiat Chrysler, Peugeot owner agree to binding $50 billion merger deal

Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over their roughly $50 billion merger that will reshape the global car industry. Powered by […]
December 18, 2019

Fiat Chrysler has aggressive goals for 2020 independently of PSA merger: CEO

Fiat Chrysler has its own goals to meet next year, independently of its planned merger with Peugeot owner PSA , Chief Executive Mike Manley said on […]
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