May 20, 2019

Ford Motor Co to cut 10% of white-collar jobs as part of global restructuring

Ford Motor Co said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as […]
May 20, 2019

U.S., China bicker over ‘extravagant expectations’ on trade deal

China accused the United States on Monday of harboring “extravagant expectations” for a trade deal, underlining the gulf between the two sides as U.S. action against […]
May 20, 2019

Wall St. drops as tech stocks tumble on Huawei fallout fears

U.S. stocks fell on Monday, as a crackdown on China’s Huawei Technologies raised concerns of a bigger impact on chipmakers and added to fears of an […]
May 20, 2019

Goldman selects Mazars to audit European operations

Goldman Sachs said on Monday it has appointed Mazars to audit its European operations in a major coup for the Paris headquartered accounting firm. Powered by […]
May 20, 2019

Chairman of U.S. telecoms regulator backs T-Mobile, Sprint merger

Sprint Corp and T-Mobile US Inc has won the support of the chairman of the U.S. telecommunications regulator but will require a series of changes to their […]
May 20, 2019

Exclusive: Western buyers freeze payments for contaminated oil in extended Russian outage

Total and Eni have stopped payments for the contaminated oil sold to them by Russian firms and said they will only pay when compensation is agreed, […]
May 20, 2019

Coca-Cola ends plan to refranchise Africa bottling unit, keeps majority stake

Coca-Cola Co said on Monday it had dropped plans to refranchise its Africa bottling business, Coca-Cola Beverages Africa (CCBA), and would instead keep its majority stake […]
May 20, 2019

Chips are down: Huawei U.S. blacklisting knocks semiconductor stocks

U.S. and European chipmakers fell sharply on Monday amid worries the Huawei Technologies suppliers may suspend shipments to the Chinese firm due to a U.S. crackdown. […]
May 20, 2019

Chips are down: Huawei U.S. blacklisting knocks EU semiconductor stocks

European chipmakers Infineon Technologies, AMS and STMicroelectronics fell sharply on Monday amid worries the Huawei Technologies suppliers may suspend shipments to the Chinese firm due to […]
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