Campbell Soup nears deal with Third Point to end board challenge: sources
Campbell Soup and Third Point LLC are close to settling a bitter proxy contest by adding two of the hedge fund’s nominees to the U.S. food company’s board and giving the activist investor a say in selecting Campbell’s next CEO, people familiar with the…
Campbell Soup nears deal with Third Point to end board challenge: source
Campbell Soup Co and Daniel Loeb’s hedge fund Third Point LLC are close to an agreement over composition of the U.S. food company’s board of directors that will end a proxy contest that was due to come to a head this week, a person familiar with the m…
Aston Martin to more than double production by 2025: CEO
Luxury carmaker Aston Martin , has not yet seen a slowdown in its key markets and aims to more than double the number of cars it makes by 2025, its chief executive said on Sunday.
Renault-Nissan leaders to meet amid tensions over Ghosn ouster
Renault-Nissan executives will attempt this coming week to shield their joint operations from a looming power struggle between the carmakers, following alliance boss Carlos Ghosn’s shock arrest over misconduct allegations.
How much for that app? U.S. top court hears Apple antitrust dispute
When iPhone users want to edit blemishes out of their selfies, identify stars and constellations or simply join the latest video game craze, they turn to Apple Inc’s App Store, where any software application they buy also includes a 30 percent cut for …
France’s Le Maire wants information on allegations against Ghosn
French Finance Minister Bruno Le Maire said on Sunday the government and Renault had yet to see evidence to support Nissan’s allegations of wrongdoing by long-standing Renault-Nissan boss Carlos Ghosn.
ABB, Siemens CEOs to visit Saudi Arabia for supplier conference
The chief executives of ABB and Siemens are traveling to Saudi Arabia to attend a supplier conference, just weeks after they pulled out of an investment event in the country following the death of a journalist.
Malaysia says former PM Najib’s office ordered changes to 1MDB audit report
The office of former Malaysian premier Najib Razak ordered changes to a 2016 audit report of scandal-plagued state fund 1MDB, including removing mention of financier Low Taek Jho’s presence at a board meeting, authorities said.
Former Nissan chairman Carlos Ghosn denies allegations against him: NHK
Former Nissan chairman Carlos Ghosn, arrested last Monday on suspicion of financial misdoing, has denied the allegations against him, Japanese public broadcaster NHK said on Sunday.
On Black Friday, more U.S. shoppers chose the computer over the mall
The Thanksgiving Day and Black Friday kickoff of the U.S. holiday shopping season showed the increasing preference for online purchases, as more Americans opted to stay home and use their smartphones while sales and traffic at brick-and-mortar stores d…
