Japan Post to invest $2.6 billion in U.S. insurer Aflac: source
Japan Post Holdings Co is planning to invest about $2.6 billion in Aflac Inc , aiming to become the largest shareholder in the U.S. insurer, a person familiar with the matter said.
Bombardier’s venture in China gets $453 million state rail contract
Canadian manufacturer Bombardier Inc’s Chinese joint venture said on Thursday it had won a $453 million contract to supply 168 high-speed train cars to state-owned China Railway Corp (CRC), making it the second order win this year for China’s growing h…
Fiat Chrysler may review $5.7 billion plan if Italy taxes diesel, petrol cars
Fiat Chrysler (FCA) could review its 5 billion euro ($5.7 billion) Italian investment plan, which includes a shift to cleaner engines, if Rome raises taxes on petrol and diesel cars.
Goldman Sachs, JPMorgan and others back risk management startup AccessFintech
Goldman Sachs Group Inc , JP Morgan Chase & Co , Citigroup Inc and Credit Suisse Group AG have invested $17.5 million in AccessFintech, a startup that sells technology to help financial firms better handle business errors, the companies said on Thursday.
Top German court rules Uber limousine service illegal
Germany’s highest court ruled on Thursday that a defunct limousine service offered by Uber [UBER.UL] was illegal, in a setback for the U.S. ride-hailing company that has struggled to comply with the law in Europe’s largest economy.
Airbus strategy review augurs clean break under new CEO
Airbus has launched a strategic review to outline changes under incoming chief executive Guillaume Faury as it faces industrial challenges and prepares for overdue modernization, industry sources said.
VW’s Skoda deliveries drop in November on China, January-November shipments up
Czech carmaker Skoda Auto, part of the Volkswagen Group, delivered 1.149 million vehicles in the January-November period, a 5.1 percent rise from a year ago, it said on Thursday.
Stocks wait for ECB signals, pound strong after Brexit drama
Santa made a lackluster attempt to deliver his traditional end of year rally on Thursday, as world stocks squeezed out a third day of gains and the pound and the euro both stayed firm after the latest bout of Brexit drama.
Oil prices steady as China-U.S. trade tensions ease
Oil prices steadied on Thursday, under pressure from high inventories but buoyed by a drawdown in U.S. crude stockpiles and indications that the trade war between the United States and China may be easing.
IEA sees global oil supply tightening more quickly in 2019
The global oil market could move into deficit sooner than expected thanks to OPEC’s output agreement with Russia and to Canada’s decision to cut supply, the International Energy Agency said on Thursday.
