GE to freeze pensions for about 20,000 U.S. workers to cut debt
General Electric Co said on Monday it was freezing the pension plan for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate looks to cut its huge debt pile.
IKEA to face EU order to pay Dutch back taxes: sources
IKEA brand owner Inter IKEA could be ordered to pay millions of euros in Dutch back taxes by the end of the year, two people familiar with the matter said, as EU competition enforcers push on with their crackdown against unfair tax deals granted to mul…
Harley struggles to fire up new generation of riders with electric bike debut
Harley-Davidson Inc is betting on electric motorcycles to attract the next generation of younger and more environmentally conscious riders to reverse declining U.S. sales.
Japan says it will sign trade agreement with U.S. in Washington today
Japanese Foreign Minister Toshimitsu Motegi said Japan and the United States will sign a trade agreement on Monday in Washington, and that Tokyo aimed to bring it into force as soon as possible.
Apple supplier Japan Display says aiming for a bailout deal this month
Japan Display Inc said it aims to clinch a deal this month for least 50 billion yen ($470 million) in vital funding, having had to scramble after an investment group suddenly pulled out of a bailout plan for the Apple Inc supplier.
Concern and hope as AMS and Osram slide following failed takeover
Shares in sensors specialist AMS and lighting group Osram fell on Monday on concerns AMS might revisit its $4.9 billion takeover bid which collapsed on Friday.
Oil prices up as U.S.-China trade talks loom, supply issues mount
Oil prices rose on Monday, buoyed by hopes of progress in U.S.-China trade talks and supported by challenges to supply facing major exporters.
Deutsche Bank in strategy shift to address tech woes
Deutsche Bank is creating a new technology division in a strategy shift designed to reduce complexity and lower costs while transforming systems that have held back the bank for years.
Volvo, Geely to merge combustion engine operations
Volvo Cars will merge its engine development and manufacturing assets with those of parent Geely, creating a division to supply in-house brands Lotus, LEVC, Lynk and Proton, and also potential rivals with next-generation combustion and hybrid engines. …
Global stocks hover as weak European data, trade anxiety offsets U.S. jobs boost
Global stocks were little changed on Monday as broadly positive U.S. jobs data quelled some fears about an economic slowdown, but nervousness over U.S.-China trade talks persisted and more weak European economic data trickled in.
