european-union

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&#…

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

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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 …

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

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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 …

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Lawyers seek to launch fresh Brexit challenge in Irish courts

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Hilton’s value could rise by 25 percent on breakup: Barron’s

NEW YORK (Reuters) – Shares of Hotel operator Hilton Worldwide Holdings Inc could increase by at least 25 percent on its planned split into three companies, Barron's reported on Sunday.

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Hilton’s value could rise by 25 percent on breakup: Barron’s

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Non-OPEC yet to pledge concrete oil output steps after meeting OPEC

Non-OPEC producers made no specific commitment on Saturday to join the Organisation of the Petroleum Exporting Countries in limiting oil output levels to prop up prices – a stance that suggested they wanted OPEC to solve its differences first. Officials and experts from OPEC countries and non-OPEC nations including Azerbaijan, Brazil, Kazakhstan, Mexico, Oman and …

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Non-OPEC yet to pledge concrete oil output steps after meeting OPEC

european-union

EU, U.S. trade deal not dead yet: EU’s Malmstrom

By Robert-Jan Bartunek BRUSSELS (Reuters) – A much-debated trade deal between the European Union and the United States is not dead and negotiations will continue with the new U.S. administration after November's elections, EU Trade Commissioner Cecilia Malmstrom said on Saturday. Paul Magnette, the premier of Belgium's region of Wallonia who led opposition to the Canadian trade deal, told his parliament on Friday that with the

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EU, U.S. trade deal not dead yet: EU’s Malmstrom

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Baker Hughes-GE talks come after difficult time for both companies

Industrial giant General Electric Co and oilfield services company Baker Hughes, both beset by difficulties during oil's two-year price rout, may have a clear path out of the doldrums: join forces. GE said Thursday it was in discussions with Baker Hughes Inc but not to acquire the company outright. Baker Hughes said Friday talks were ongoing.

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Baker Hughes-GE talks come after difficult time for both companies

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Morgan Stanley COO Jim Rosenthal to retire at end of year: memo

(Reuters) – Morgan Stanley chief operating officer Jim Rosenthal will retire at the end of the year.

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Morgan Stanley COO Jim Rosenthal to retire at end of year: memo

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EU and Canada to sign trade pact after Belgians strike key deal

By Robert-Jan Bartunek BRUSSELS (Reuters) – Canada and the European Union will sign a landmark free trade deal on Sunday after a series of key votes in Belgian regional assemblies on Friday ended opposition that had threatened to destroy the entire agreement. Soon after the final Belgian vote, European Council president Donald Tusk called Canadian Prime Minister Justin Trudeau and invited him to Brussels for the signing ceremony, which is scheduled for noon local time (1000 GMT). Great …

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EU and Canada to sign trade pact after Belgians strike key deal

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EU, Canada still hope to sign trade deal after Belgian ‘Non’

Belgium declared on Monday that it could not formally back a free trade deal between the European Union and Canada because of an internal Belgian dispute, but the two sides still appeared to be holding out hopes of a summit to …

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EU, Canada still hope to sign trade deal after Belgian ‘Non’

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