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Exclusive: Bombardier’s Beaudoin seen stepping down as chairman – source

December 18, 2015 by · Leave a Comment 

Pierre Beaudoin is expected to step down as executive chairman of Canada's Bombardier Inc in early 2016, according to a source familiar with discussions about the issue, but the company's chief executive dismissed the report. The source, who was not authorized to speak publicly, said the move was still being discussed and it was not clear who would replace Beaudoin, a member of the family that controls the …

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Exclusive: Bombardier’s Beaudoin seen stepping down as chairman – source

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Oil heads for third straight weekly loss as supply weighs

December 18, 2015 by · Leave a Comment 

By Karolin Schaps LONDON (Reuters) – Oil edged down on Friday as bearish sentiment driven by oversupply rattled the market and was set to lead prices to a third straight weekly drop, the longest losing streak in four months. Russia, one of the world's top oil producers, said on Friday it was not considering coordinating its output policy with OPEC members, adding the organisation was not exerting

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Oil heads for third straight weekly loss as supply weighs