Danske Bank ditches CEO candidate after regulator questions experience
Danske Bank said on Wednesday it had dropped plans to appoint Jacob Aarup-Andersen as chief executive after the Danish Financial Supervisory Authority (FSA) said a candidate with more experience was needed.
Ryanair CEO says sees no growth in Germany in 2019
Ryanair does not expect to grow in Germany next year, after closing its bases in the northern German city of Bremen and at Weeze near Duesseldorf, Chief Executive Michael O’Leary told Reuters on Wednesday.
Exclusive: Don’t mention the oil price – U.S. legal threat prompts change at OPEC
OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks to avoid the risk of U.S. legal action for manipulating the market, sources close to OPEC said.
Trump administration says to open trade talks with EU, UK, Japan
The U.S. Trade Representative’s office told Congress on Tuesday it intends to open trade talks with the European Union, the United Kingdom and Japan.
VW, FCA and Renault lead emissions-driven European sales slump
Volkswagen Group , Fiat Chrysler and Renault led a 23.4 percent European car sales decline in September, the main regional industry body said on Wednesday, as automakers continued to suffer from the introduction of tougher new emissions tests.
Fujifilm wins appeal in battle with Xerox over aborted merger
Japan’s Fujifilm Holdings Corp has won an appeal in its legal battles with Xerox Corp, with a New York court overturning preliminary injunctions requested by an activist investor that had blocked their planned merger.
Search engine Baidu becomes first China firm to join U.S. AI ethics group
Chinese search engine Baidu Inc has become the first Chinese company to join an artificial intelligence (AI) ethics group led by top U.S. tech firms, amid wider political clashes over AI competition between China and the United States.
Asia shares echo Wall Street cheer, China more muted
Asian equities got some welcome relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little faith in emerging market stocks and currencies.
China’s Zhoushan city woos Exxon Mobil for a $7 billion ethylene plant
The Chinese city of Zhoushan is in talks with oil major Exxon Mobil Corp to build a $7 billion ethylene plant in the city south of Shanghai, it said in a statement released on Wednesday.
U.S. oil service firms face tough quarter despite high crude prices
Even as crude prices hover near four-year highs, U.S. oilfield service firms’ third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending.
