July 23, 2018

Blackstone wins EU approval to buy Thomson Reuters unit

U.S. private equity firm Blackstone Group has secured EU antitrust approval to acquire a majority stake in Thomson Reuters’ Financial and Risk unit, the European Commission […]
July 23, 2018

Facebook to double office presence in London

Facebook said on Monday it would double its presence in London, acquiring nearly 600,000 square feet (56,000 square meters) of office space across two buildings in […]
July 23, 2018

Tesla shares drop after report on supplier talks

Shares of Tesla Inc fell more than 4 percent in trading before the bell on Monday, after a report that the electric car maker has turned […]
July 23, 2018

Halliburton revenue beats on higher North America rig count

Oilfield services provider Halliburton Co’s quarterly revenue rose 24 percent to beat analysts’ estimates on Monday as higher oil prices encouraged U.S. oil and gas producers […]
July 23, 2018

New Fiat Chrysler boss must deliver Marchionne plan

New Fiat Chrysler boss Mike Manley faces the task of executing his predecessor’s plan to boost production of SUVs and catch up on electric cars to […]
July 23, 2018

Magna-BAIC deal raises prospects for an ‘automotive Foxconn’ in China

In China, where the future of the car is looking more and more electric, newcomers to the auto industry are looking for partners to help them […]
July 23, 2018

Toymaker Hasbro’s quarterly revenue, profit top estimates

Toymaker Hasbro Inc topped Wall Street estimates for profit and revenue in the second quarter as it emerged from the worst effects of last year’s Toys […]
July 23, 2018

Fiat Chrysler’s head of Europe business steps down: source

The head of Fiat Chrysler’s Europe, Middle East and Africa business Alfredo Altavilla has stepped down, a source with knowledge of the matter said on Monday. […]
July 23, 2018

Oil higher on Middle East, North Sea supply worries

Oil prices rose on Monday on worries over supply after tensions worsened between Iran and the United States, while some offshore workers began a 24-hour strike […]
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