ASML says it suffered intellectual property theft, rejects ‘Chinese’ label
Dutch ASML said on Thursday it had been the victim of corporate espionage in 2015 involving employees from countries including China but said it had not been the target of any “national conspiracy”.
Marriott says variety of brands is a strength not weakness
Marriott International Inc, the world’s biggest hotel company with luxury brands such as St. Regis and Ritz-Carlton, says it is committed to all of its brands which give it the breadth to take advantage of fast-growing markets like China.
French court finds Bayer’s Monsanto liable for farmer’s sickness
A French court has ruled that Monsanto was liable for the sickness of a farmer who inhaled one of its weedkillers, in another legal setback for the Bayer-owned business over health claims.
Head of Citigroup’s institutional clients unit retires: memo
James Forese, president and chief executive officer of Citigroup Inc’s> institutional clients business, which contributed two-third’s of the bank’s profits last year, is retiring, according to an internal memo seen by Reuters.
U.S. labor market tightening; inflation pressures moderate
The number of Americans filing applications for unemployment benefits dropped to a 49-1/2-year low last week, pointing to sustained labor market strength that could temper expectations of a sharp slowdown in economic growth.
New Airbus CEO takes charge with leaner structure
Newly appointed Chief Executive Guillaume Faury imposed his mark on European planemaker Airbus with a simplified management structure and a manifesto for manufacturing reforms, as Airbus gears up for intensified competition with Boeing.
Italy’s UniCredit says it is among banks accused of running bond cartel
Italy’s biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries.
Commerzbank chairman dismisses ‘irresponsible’ reports of dissatisfaction with CEO
Commerzbank’s supervisory board chairman on Thursday dismissed reports of board dissatisfaction with its chief executive as irresponsible and unfounded.
‘Confidence in Mexico’: U.S. and Mexican top brass to talk business, border
A meeting of U.S. and Mexican government and business leaders on Thursday aims to shore up investor confidence in Mexico and defuse U.S. President Donald Trump’s threats to close their shared border if illegal immigration is not halted.
Qatar has no say in who runs Deutsche: foreign minister
Qatar has no direct say in who runs Deutsche Bank, the country’s foreign minister said when he was asked on Thursday for Doha’s view on merger talks between Deutsche Bank and fellow German lender Commerzbank.
