November 13, 2017

GM’s electric car sales will meet quotas by 2019, says China chief

BEIJING (Reuters) – General Motors Co’s China joint ventures will be able to generate enough new energy vehicle (NEV) sales volume to account for NEV production […]
November 13, 2017

Pfizer names Bourla as chief operating officer

NEW YORK (Reuters) – Drugmaker Pfizer Inc on Monday named Albert Bourla to the position of Chief Operating Officer, a move it said would free up […]
November 13, 2017

GE to focus on three businesses; slashes dividend, profit outlook

(Reuters) – General Electric Co will focus on aviation, power and healthcare, radically shrinking the most famous U.S. conglomerate into a smaller company betting on industries […]
November 13, 2017

Dubai pressures Airbus as A380 order hopes fizzle

DUBAI (Reuters) – Dubai wants a guarantee that Airbus will keep production of the A380 superjumbo open for at least 10 years before state-owned Emirates places […]
November 13, 2017

AB InBev replaces North America chief to stem sales slide

BRUSSELS (Reuters) – The world’s biggest brewer, Anheuser-Busch InBev , is replacing the head of its North America business to stem a slide in sales in […]
November 13, 2017

Wall Street opens lower on tax reform uncertainty

(Reuters) – Wall Street opened lower on Monday amid growing uncertainty over a U.S. tax reform deal. Powered by WPeMatico
November 13, 2017

Qualcomm rejects Broadcom’s $103-billion takeover bid

(Reuters) – Mobile chipmaker Qualcomm Inc on Monday rejected rival Broadcom Ltd’s $103-billion takeover bid, saying the offer “dramatically” undervalued the U.S. company. Powered by WPeMatico
November 13, 2017

Tyson Foods tops profit estimates as low-cost feed provides boost

(Reuters) – U.S. meat processor Tyson Foods Inc reported higher quarterly earnings and revenue on Monday, beating analysts’ estimates, on strong demand for chicken and beef […]
November 13, 2017

Bitcoin claws back over $1,000 after losing almost a third of value

LONDON (Reuters) – Bitcoin surged on Monday, recovering more than $1,000 after losing almost a third of its value in less than four days as traders […]
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