Venezuela navy confronts Exxon oil ship in Guyana border dispute
Venezuela’s navy “intercepted” a ship exploring for oil on behalf of Exxon Mobil Corp in Guyanese waters over the weekend, Guyana’s foreign ministry said in a statement, while neighboring Venezuela said the incident occurred within its territory.
Kraft Heinz, Mondelez make the cut in Campbell Soup’s international business auction: sources
U.S. food companies Kraft Heinz Co and Mondelez International Inc have been short-listed to participate in the second round of Campbell Soup Co’s auction of its international business, people familiar with the matter said.
Tesla cuts Model 3 prices in China
Tesla Inc has slashed prices on its Model 3 electric car in China.
Japan court extends Ghosn detention by 10 days
A Japanese court on Sunday extended for 10 days the detention of ousted Nissan Motor Co chairman Carlos Ghosn, who is facing new allegations of making the car maker shoulder $16.6 million in personal investment losses.
Mnuchin says Trump told him he ‘never suggested firing’ Fed chairman
U.S. Treasury Secretary Steven Mnuchin said on Saturday that President Donald Trump told him he had “never suggested firing” the chairman of the U.S. Federal Reserve.
Judge accepts CVS offer on Aetna while reviewing consent decree
A U.S. federal judge reviewing an agreement between the government and CVS Health Corp allowing it to buy health insurer Aetna has indicated that he will not halt most integration between the two companies.
Trump has discussed firing Fed Chairman Powell: sources
U.S. President Donald Trump has privately discussed the possibility of firing Federal Reserve Chairman Jerome Powell, a move that could roil already volatile financial markets, two sources familiar with situation said on Saturday.
Brazil judge overturns injunction that blocked Embraer-Boeing deal
A Brazilian judge overturned on Friday a decision that put the brakes on planemaker Embraer’s proposed sale of 80 percent of its commercial aviation division to Boeing Co , as the judicial back-and-forth surrounding the deal continued.
VW says diesel scandal cleanup to cost 2 billion euro in 2019: paper
Volkswagen’s cleanup of a diesel cheating scandal will cost it 5.5 billion euros ($6.25 bln) in 2018 and around 2 billion euros in 2019, Chief Financial Officer Frank Witter told German weekly Boersen-Zeitung.
Credit Suisse chairman says on track to boost equity return: media
Cost cuts and closing a unit where Credit Suisse had parked underperforming assets will help boost return on tangible equity (ROTE) to at least 10 percent in 2019, Chairman Urs Rohner said in an interview published on Saturday.
