September 19, 2018

AutoNation’s Mike Jackson to step down as CEO next year

AutoNation Inc’s longtime Chief Executive Officer Mike Jackson will step down from the role next year but remain executive chairman until 2021, the largest U.S. auto […]
September 19, 2018

China says won’t weaken currency to boost exports, as U.S. tariffs mount

China will not stoop to competitive devaluation of its currency, Premier Li Keqiang stressed, hours after China hit back, with a softer punch than the one […]
September 19, 2018

Futures flat, 10-year yields head back above 3 percent

U.S. stock markets headed for a flat open on Wednesday, holding just off three-week highs after brushing aside the latest blows in Washington and Beijing’s trade […]
September 19, 2018

Mars aims to tackle ‘broken’ cocoa model with new sustainability scheme

Mars Wrigley Confectionery launched a new sustainability strategy on Wednesday with the aim of combating deforestation, child labor and poverty in what it called the “broken” […]
September 19, 2018

Renault-Nissan adopts Android in coup for Google

The Renault-Nissan-Mitsubishi carmaking alliance said on Tuesday it will adopt Alphabet’s Google Android operating system, handing a victory to the U.S. tech giant as it pushes […]
September 19, 2018

Toshiba Memory chief shrugs off price concerns, sticks with IPO plans

The chief executive of Toshiba Memory Corp, the world’s No. 2 producer of NAND flash memory chips, on Wednesday brushed aside concerns about falling memory chip […]
September 19, 2018

EU says McDonald’s, Luxembourg tax deal not illegal

McDonald’s tax deal with Luxembourg did not breach EU state aid rules, EU antitrust regulators ruled on Wednesday, saying the reason the U.S. fast food chain […]
September 19, 2018

Luxembourg welcomes EU ruling on Mcdonald’s taxes

Luxembourg welcomed on Wednesday the European Commission’s ruling that its tax deal with McDonald’s was not illegal after a three-year long investigation. Powered by WPeMatico
September 19, 2018

Asia rises as stimulus hopes lift Chinese stocks amid trade row

Asian stocks rose across the board on Wednesday as expectations that Beijing would implement stimulus to soften the economic blow from the Sino-U.S. trade war helped […]
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