Gazprom exports chief Medvedev and another deputy CEO to leave
Alexander Medvedev, Gazprom’s long-standing deputy chief executive, who oversaw an increase in gas exports to Europe, has been relieved of his post, Gazprom said on Monday.
Car industry will be big 5G customer down the road, says SEAT
Carmakers will be big customers for next-generation telecoms networks, helping to justify investment in 5G, but need to be more innovative if the technology is to take off, Spain’s SEAT said on Monday.
Volkswagen shuffles management responsibilities at core brand
Volkswagen shuffled management responsibilities at its core brand on Monday, freeing up Group CEO Herbert Diess to oversee the carmaker’s radical strategy to mass produce electric cars.
Wall St. climbs as trade optimism boosts tech, industrials
Shares of technology and industrial companies pushed Wall Street’s main indexes to session highs on Monday, after President Donald Trump said he would delay a planned hike in tariffs on Chinese imports.
Barrick CEO says Newmont bid ‘logical’ deal for shareholders
Barrick Gold Corp Chief Executive Officer Mark Bristow said on Monday that his company’s $18 billion hostile bid for rival Newmont Mining Corp is a “logical” tie-up that would generate value for shareholders of both companies.
U.S. auto sales seen falling in February: J.D. Power, LMC Automotive
U.S. auto sales are expected to drop about 1 percent in February from a year earlier partly due to inclement weather, according to industry consultants J.D. Power and LMC Automotive.
U.S. senators press for Huawei to be excluded from solar power market
A bipartisan group of senators on Monday urged the U.S. government to block Huawei Technologies Co Ltd from supplying solar energy generators just as it has acted to keep the Chinese giant out of the U.S. telecommunications network.
Volkswagen could sell smaller trucks stake if markets in a spin: sources
Volkswagen could sell a smaller stake in its Traton trucks division than expected if markets are shaken by Brexit, two sources familiar with the matter told Reuters on Monday.
Brazil oil regulator to investigate Petrobras oil spill
Brazil’s oil regulator said on Monday that is has started an investigation into an oil spill at an offshore platform owned by Petroleo Brasileiro SA.
Freeport investing to mitigate risk from tailings dams: CEO
Freeport-McMoRan Inc Chief Executive Richard Adkerson said on Monday his company has been investing heavily to mitigate any danger from tailings dams and is “comfortable” with engineering designs in place at existing dams.
