Mercedes-Benz poised to clinch premium sales crown for 2019
Daimler sold 2.34 million Mercedes-Benz passenger cars in 2019 for a ninth consecutive year of record sales, it said on Thursday, putting the German carmaker in pole position to retain the title of biggest-selling premium car brand.
Oil edges higher after previous day’s plunge
Oil prices edged higher on Thursday, clawing back some of the sharp losses made in the previous session on the back of easing fears of an escalation in the conflict between the United States and Iran and swelling U.S. crude stocks.
Walsh to bow out after building British Airways parent IAG
Willie Walsh, who created British Airways’ parent firm IAG by dragging old-fashioned flag carriers into the modern-age of budget flying, is to retire and will be replaced by Iberia boss Luis Gallego.
Factbox: A look at British Airways-owner IAG’s new first-in-command
Willie Walsh, the chief executive of British Airways-owner IAG , will step down from the airlines group he helped to build later this year and hand the reins to Luis Gallego.
Back from the brink, back to the bull run
World markets looked to have overcome their new year wobbles on Thursday, as the United States and Iran backed away from conflict in the Middle East.
Exclusive: India reviewing anti-trust complaint against Maruti Suzuki over car insurance – sources
India’s antitrust regulator is looking into allegations that Maruti Suzuki , the country’s biggest car maker, pushes buyers to purchase insurance policies offered by the company, two sources with direct knowledge of the matter told Reuters.
Lebanese investigators question ex-Nissan boss Ghosn: source
Former Nissan boss Carlos Ghosn was questioned on Thursday under the supervision of the prosecutor in Beirut, a judicial source said, after he was summoned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.
Tanker owners face insurance headache as Mideast war risk haunts shipping trade
Even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a price for the war of words that culminated in rocket strikes in Iraq over the last week – higher insurance bills.
ABN Amro names PwC’s former Dutch chairman as new CEO
ABN Amro said on Thursday that Robert Swaak, a former chairman of accounting firm PwC in the Netherlands, is to succeed Kees van Dijkhuizen as the Dutch bank’s chief executive.
Oil steadies a day after Iranian missile strike knocks prices
Oil prices steadied on Thursday a day after tumbling on concerns raised by an Iranian missile strike on Iraqi bases hosting U.S. forces.
