Ghosn denies report of improper use of Nissan money
Former Nissan Motor Co Ltd boss Carlos Ghosn denied any impropriety over payments he made during his time at the automaker, following a newspaper report that Japanese tax authorities determined he used company money for private use.
Whirlpool drops plan to shut plant in southern Italy
U.S.-listed white goods maker Whirlpool Corp has dropped plans to shut down a production site in the southern Italian city of Naples after two weeks of workers’ protests, the company said on Wednesday.
GE raises cash forecast, beats on adjusted EPS, lifting shares
General Electric Co posted adjusted profits on Wednesday that beat analysts’ estimates and wowed investors by promising to deliver $1 billion more cash this year than it had previously forecast, sending its shares sharply higher.
In U.S.-China talks, Beijing’s refusal to order farm buys becomes pain point
U.S. President Donald Trump’s demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations.
Bayer says U.S. glyphosate plaintiffs more than double since July
Germany’s Bayer is now facing 42,700 U.S. plaintiffs blaming its glyphosate-based weedkillers for their cancer, more than twice the tally in July and potentially raising any future settlement.
U.S. private sector job growth picks up in October: ADP
U.S. private employers added 125,000 jobs in October, slightly above economists’ expectations, a report by a payrolls processor showed on Wednesday.
Fiat Chrysler and Peugeot in talks over potential $50 billion tie-up
Talks between Fiat Chrysler and Peugeot owner PSA over a potential tie-up that could create a $50 billion car giant gathered pace on Wednesday, with one source saying a deal could be announced as early as Thursday.
Italian trade union fears FCA-Peugeot tie-up could hit Italian plants
Italian trade union FIOM said on Wednesday it feared a possible tie-up between Fiat Chrysler and Peugeot owner PSA could hurt Italian factories.
Timeline: Fiat Chrysler and Peugeot merger talks mark next round of consolidation
FiatChrysler and France’s Peugeot said they are in talks about a potential tie-up, the latest bout of auto industry consolidation as the costs of developing zero-emissions vehicles rises amid slowing global demand.
With Disney, Apple about to enter, the streaming wars are just beginning
Apple Inc’s Apple TV+ and Walt Disney Co’s Disney+ will launch competitors to streaming video pioneer Netflix Inc in November. Several others already have hit the market or will debut in the coming months.
