Futures drop on trade concerns; Boeing hit by 737 MAX worries
Wall Street was headed for a second straight session of declines on Tuesday as an escalation in U.S.-China tensions tempered expectations from the high-level trade talks this week, while Boeing was hit by fresh concerns over its grounded 737 MAX jets.
Vodafone to reduce European store footprint by 15%: CEO
Vodafone will reduce its European store footprint by 15%, chief executive Nick Read said on Tuesday, as the telecoms firm makes better use of data to optimize its store estate.
Nissan names executive Uchida as next CEO, Gupta as COO: sources
The board of Nissan Motor Co has picked Senior Vice President Makoto Uchida as its next chief executive and Ashwani Gupta as its chief operating officer, two sources said on Tuesday, following a board meeting of the scandal-hit automaker.
Blackstone, Kirkbi launch sale of insulation maker Armacell: sources
Buyout group Blackstone and Danish family investor Kirkbi are launching the sale of German insulation foam maker Armacell in a potential 1.3-1.5 billion euro ($1.43-$1.65 billion) deal, people close to the matter said.
Factbox: U.S. adds eight Chinese firms to trade blacklist
The U.S. government expanded its trade blacklist on Monday to include some of China’s top artificial intelligence (AI) startups over Beijing’s treatment of Muslim minorities.
Nissan to appoint Uchida as next CEO, Gupta as COO: Nikkei
Japan’s Nissan Motor Co will appoint Senior Vice President Makoto Uchida as chief executive officer, the Nikkei newspaper said on Tuesday.
Oil falls as worries on U.S.-China trade negotiations build
Oil prices fell on Tuesday as Washington’s blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, though unrest in Iraq and Ecuador lent some support to crude prices.
Index funds invest trillions but rarely challenge management
Index funds now control half https://tmsnrt.rs/2Mhmc6L the U.S. stock mutual fund market, giving the biggest funds enormous power to influence decisions and demand better returns at the companies in which they invest trillions of dollars.
Biggest U.S. index funds oppose most climate proposals in shareholder votes
The far-reaching impacts of climate change on companies have investors pressing corporate leaders for action to minimize environmental damage and to maximize disclosure of risks to their businesses. The threats range from more frequent floods or wildfi…
Russia to keep U.S. investor Calvey under house arrest until January: TASS
A court in Moscow ruled on Tuesday that U.S. investor Michael Calvey should remain under house arrest facing charges of embezzlement until January 13, the TASS news agency reported.
