India says supports FTA talks with EU after refusing to join China-led accord
India should hold talks with the European Union for a free trade agreement, the government said on Tuesday, a day after it refused to join a China-backed regional trade pact for fear of a flood of cheap Chinese imports.
Mediaset, Vivendi in talks over governance row in pan-European TV project: sources
Italian broadcaster Mediaset and its hostile shareholder Vivendi are in talks over ways to overcome a dispute over the governance of Mediaset’s pan-European TV reorganisation, two sources close to the matter said on Tuesday.
European factories at risk in Peugeot-Fiat merger
Fiat Chrysler and Peugeot owner PSA’s pledge not to close factories if they merge is likely to come under heavy strain as the combined group would have spare production capacity of almost six million vehicles in a slowing autos market.
Fed’s Barkin: Conflicting signals make U.S. economy hard to read
Conflicting signals make it difficult to get a handle on the true health of the U.S. economy and reducing uncertainty for businesses would provide a shot in the arm to growth, Richmond Fed Reserve Bank President Thomas Barkin said on Tuesday.
Futures gain on trade deal optimism; service sector data awaited
Wall Street futures rose on Tuesday, a day after all three major U.S. stock indexes closed at record highs on rising hopes of a trade deal between Washington and Beijing.
Boeing CEO Muilenburg ‘has done everything right,’ says chairman
Boeing Co Chairman Dave Calhoun said on Tuesday the company’s board believed Chief Executive Dennis Muilenburg “has done everything right,” just days after he came under attack from U.S. lawmakers and repeatedly refused to step down at a hearing on tw…
U.S. boards end era of impunity for ‘skirt-chasers,’ McDonald’s firing shows
Directors of U.S. companies are increasingly showing zero tolerance for executives’ sexual relationships with employees, even consensual ones, an attitude shift evident in McDonald’s Corp’s dismissal of CEO Steve Easterbrook this week.
Kroger’s 2020 profit, same-store sales estimates top expectations
Kroger Co on Tuesday forecast next year’s profit and same-store sales ahead of analysts’ estimates, as the supermarket chain benefits from its efforts to modernize stores, enhance delivery and improve product assortments.
Saudi government to have one-year restriction on selling more Aramco shares after IPO: sources
The Saudi government will be subject to a one-year restriction on selling additional Aramco shares in the oil company after a planned initial public offering (IPO), three sources familiar with the matter said.
Mylan tops profit estimates on drug launches
Generic drugmaker Mylan NV beat Wall Street estimates for third-quarter profit on Tuesday, benefiting from drug launches such as Wixela and Fulphila, sending its shares up 2% before the opening bell.