WTO rules that EU continues to provide unfair Airbus subsidies
The World Trade Organization (WTO) ruled on Monday that the European Union continues to provide unfair subsidies to European planemaker Airbus , supporting the U.S. case for retaliatory tariffs.
Wall Street opens flat as Trump to restore tariffs on metal imports
Wall Street opened largely flat on Monday as President Donald Trump said he would restore tariffs on metal imports from Brazil and Argentina, with investors shrugging off a surprise rise in Chinese manufacturing activity.
Could life insurance go up in smoke for some vapers?
Global reinsurers are stepping up their warnings to life insurer clients about the potential risks of vaping, putting pressure on underwriters to charge certain vapers higher rates than smokers, or even exclude them altogether.
British VW drivers launch ‘dieselgate’ case in High Court
Tens of thousands of British drivers on Monday accused Volkswagen of fitting devices to cheat clean air laws at the start of the country’s biggest class action lawsuit brought to tackle “dieselgate”.
Italy’s FIOM union says new models needed for full employment at FCA’s Turin plant
Italian metalworker union FIOM on Monday called on Fiat Chrysler to come up with new car models to be produced in its home town of Turin to ensure the Mirafiori plant there reaches full employment.
Stock rebound fizzles after Trump restores Brazil, Argentina tariffs
Stock markets reversed earlier gains on Monday after U.S. President Donald Trump said he would restore tariffs on some imports from Brazil and Argentina, overshadowing data showing that the Chinese and euro zone economies were stabilizing.
Renault close to finalizing shortlist for new CEO: Senard
French carmaker Renault is close to finalizing the shortlist of names for the post of chief executive and could complete the shortlist before the end of the year, said Renault chairman Jean-Dominique Senard on Monday.
Retailers see biggest-ever Cyber Monday after record online Black Friday
U.S. retailers kicked off Cyber Monday by launching a slew of deals earlier than usual over the weekend, seeking to sustain the momentum of a record $11.6 billion in online sales on Thanksgiving and Black Friday.
Off the radar: U.S. CEOs’ jet perks add millions to corporate tax bills
As U.S. corporate jet use approaches pre-financial crisis levels and chief executives take an increasing number of personal trips on the company tab, many investors are being kept in the dark about the true cost of the perk.
New Nissan CEO rules out closer capital ties with Renault
Nissan Motor Co is committed to its automaking alliance with Renault SA but will not look to deepen its capital ties with the French automaker any time soon, its new CEO said on Monday.
