Reprieve for Thomas Cook’s UK stores as Hays Travel deal saves up to 2,500 jobs
Hays Travel will buy all of Thomas Cook’s British travel agent shops, potentially saving up to 2,500 jobs and providing a rare boost for high streets across the country.
Wall Street opens higher as reports fuel trade deal hopes
U.S. stocks opened higher for the first time in three sessions on Wednesday, boosted by technology shares, as latest media reports raised hopes of progress in high-level trade talks between the U.S. and China, after a turbulent start to the week.
AT&T to sell certain assets in Puerto Rico, U.S. Virgin Islands for $1.95 billion
AT&T Inc said on Wednesday it would sell its wireless and wireline operations in Puerto Rico and U.S. Virgin Islands to Liberty Latin America Ltd for $1.95 billion, as the second-largest U.S. wireless carrier cuts its huge debt pile.
Johnson & Johnson hit as jury awards ‘excessive’ $8 billion in damages
Shares of Johnson & Johnson dipped 2% on Wednesday after a jury awarded $8 billion in punitive damages to a man who accused the drugmaker of failing to warn that young men using its antipsychotic drug Risperdal could grow breasts.
Nissan demotes former chairman Ghosn’s aide Nada
Nissan Motor Co Ltd demoted senior vice president Hari Nada, a key whistleblower against former Chairman Carlos Ghosn, after an internal investigation found no evidence against the executive.
UPS hits the gas on greener delivery truck fleet
Starting next year, there will be a lot more “green” in those brown UPS delivery trucks.
AT&T to sell certain assets in Puerto Rico and U.S. Virgin Islands for $1.95 billion
Telecommunications carrier AT&T Inc said on Wednesday it will sell its wireless and wireline operations in Puerto Rico and U.S. Virgin Islands to Liberty Latin America Ltd for $1.95 billion in cash.
U.S.-China trade war may cut global growth by half a point next year: Le Maire
The trade war between the United States and China could cut global growth by 0.5 points next year, French Finance Minister Bruno Le Maire said on Wednesday.
French finance minister says up to Renault’s board to decide on management changes
It was not up to the French state to interfere in management decisions at Renault , France’s Finance minister said on Wednesday, following a report in business daily Le Figaro that the carmaker’s CEO Thierry Bollore may be replaced soon.
New Thyssenkrupp CEO prepares ground for major job cuts
New Thyssenkrupp chief executive Martina Merz on Wednesday paved the way for deeper job cuts at the ailing conglomerate, telling employees in an internal memo such a step was necessary for a much-needed turnaround.
