News

U.S. agency concerned about destroyed, lost phones in VW probe

A U.S. agency involved in settlement talks with Volkswagen AG over its diesel emissions scandal has raised concerns about nearly two dozen mobile phones destroyed or lost by the German carmaker. The Federal Trade Commission said in…

Read the original:
U.S. agency concerned about destroyed, lost phones in VW probe

Coke CEO Muhtar Kent hands reins to Quincey in widely expected move

Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next year and be replaced by James Quincey, a company veteran credited with several recent changes to help the company cut its dependence on sugary drinks. Quincey's ascension was widely expected since he became chief operating officer in August 2015 after jobs that included running Coke&#…

View original post here: 
Coke CEO Muhtar Kent hands reins to Quincey in widely expected move

OPEC, non-OPEC agree to their first global oil pact since 2001

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some …

Original post: 
OPEC, non-OPEC agree to their first global oil pact since 2001

Lawyers seek to launch fresh Brexit challenge in Irish courts

A group of British and Irish lawyers are seeking to challenge Britain's decision to leave the European Union in the Irish High Court to try to establish if Brexit can be reversed once divorce talks have been triggered. The lawyers hope the court in Dublin will ask the European Court of Justice, the EU's highest court, to determine …

View original post here:
Lawyers seek to launch fresh Brexit challenge in Irish courts

Murdoch’s new Sky bid should be probed, UK opposition politicians say

Rupert Murdoch's new takeover approach for British pay-TV firm Sky should be investigated by the UK's competition authorities, according to opposition politicians, though analysts said a deal should be easier to get through this time round. Liberal Democrat Vince Cable, who was Britain's business secretary at the time of Murdoch's first bid in 2010-11 told BBC radio the media tycoon's new takeover attempt would not be in the public interest. …

Read the original post: 
Murdoch’s new Sky bid should be probed, UK opposition politicians say

DuPont CEO Breen says Trump win unlikely to impact Dow deal

Executives and dealmakers are looking for signs of whether the incoming Trump administration will take a traditional Republican approach to major mergers and treat them with a lighter touch. Breen said he does not expect Trump's rhetoric would make the president-elect's administration

See the rest here:
DuPont CEO Breen says Trump win unlikely to impact Dow deal

Japan nearly doubles Fukushima disaster-related cost to $188 billion

Japan's Ministry of Economy, Trade and Industry (METI) said on Friday it has nearly doubled its projections for costs related to the Fukushima nuclear disaster, including decommissioning and compensation, to 21.5 trillion yen ($188.40 billion). Subsequent explosions released massive amounts of radiation, forcing the evacuation of 160,000 people from areas around the plant.

See the rest here:
Japan nearly doubles Fukushima disaster-related cost to $188 billion

Wife of billionaire Pimco co-founder Bill Gross files for divorce

NEW YORK (Reuters) – The wife of Pacific Investment Management Co co-founder Bill Gross is seeking a divorce after 31 years of marriage.

Read more here: 
Wife of billionaire Pimco co-founder Bill Gross files for divorce

Saudi Arabia tells oil buyers of cuts after OPEC deal, PIRA says

NEW YORK (Reuters) – Saudi Arabia is informing its customers of cuts to their January crude oil supplies to comply with the latest OPEC agreement, according to a PIRA note late on Thursday. The note adds that cuts will be to varying degrees, but is likely to

View post:
Saudi Arabia tells oil buyers of cuts after OPEC deal, PIRA says

Asian shares flat but on track for weekly gains

TOKYO/SYDNEY (Reuters) – Asian shares flatlined on Friday but were on track for robust weekly gains, while the euro caught its breath after sliding when the European Central Bank trimmed the size of its asset purchase program and also extended it for longer than many had…

More here: 
Asian shares flat but on track for weekly gains

« Previous Page — Next Page »