Swiss Railways will not take new Bombardier trains until earlier problems fixed
Swiss Federal Railways said it would not take new trains from Bombardier until the Canadian company fixes the ones already in service, raising questions over the timing of future deliveries for the 1.9 billion Swiss franc ($1.9 billion) contract.
Saudi Aramco talking to credit rating agencies before bond deal: Bloomberg
Saudi Aramco is talking to credit rating agencies ahead of its landmark bond deal, the chief executive of Saudi Arabia’s state-owned oil company told Bloomberg television.
Electric guitar maker Fender launches U.S.-made acoustic guitar
When Bob Dylan skipped his acoustic guitar and “went electric” on stage in 1965, it was with a Stratocaster model from Fender Musical Instruments Corp [FNDR.UL], considered by many the quintessential rock ‘n’ roll electric instrument.
Taco Bell’s first Thailand outlet to serve spicy fare and local beer
U.S. fast food giant Taco Bell is opening its first outlet in Thailand, continuing the Yum! Brands chain’s Asia expansion, offering adapted menu items and local beer.
UBS sets gloomy tone for Europe’s banks
UBS warned of a tough start to 2019, after reporting an outflow of funds from its flagship wealth management business at the end of last year, sending a shiver through the European banking sector.
Renault convenes board to turn page on Ghosn era
Renault has called a board meeting to replace Chairman and Chief Executive Carlos Ghosn, in a move that may begin to ease tensions with alliance partner Nissan in the wake of Ghosn’s arrest in Japan for alleged financial misconduct.
Britain’s P&O re-flagging its UK ships to Cyprus ahead of Brexit
British ferry and shipping freight operator P&O will re-flag its entire UK registered fleet to Cyprus ahead of Britain’s departure from the European Union to keep tax arrangements in the bloc, the company said on Tuesday.
Elliott urges eBay to restructure business to double market value
EBay Inc shareholder Elliott Management Corp on Tuesday urged the e-commerce platform to restructure its business and sell some businesses to double its market value in the next two years.
Brazil investor group to file lawsuit against Boeing-Embraer deal
Brazilian investors’ association Abradin said it would file a lawsuit claiming a proposed tie-up between U.S. planemaker Boeing Co and Embraer SA should come with a public tender offer, escalating its fight against the proposed deal.
Huawei to seek swift resolution for detained executive
China’s Huawei Technologies will call for a quick resolution of the case regarding its detained executive in Canada who is accused of violating U.S. sanctions on Iran, the company’s chairman, Liang Hua, said on Tuesday.
