Tesla rocked by latest executive shakeup, Musk’s behavior on webcast
Tesla Inc’s shares dropped the most in two years on Friday, rocked by the departure of its accounting chief after just a month and mounting investor concerns about Chief Executive Elon Musk’s behavior after he smoked marijuana on a live webcast. Inv…
Starbucks pulls in crowds at first Italian cafe
Around two hundred people queued outside the first Starbucks cafe in Italy on Friday, as the world’s biggest coffee chain faces one of its toughest tests yet with an upmarket roastery in the center of Milan.
Carlyle hires Broadbent for new debt financing group
NEW YORK (LPC) – Carlyle Group has hired Tim Broadbent, the former head of US leveraged loan syndicate at Barclays, to lead a new group that will provide issuers and financial sponsors with capital markets advice.
Take Five: World markets themes for the week ahead
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Ryanair cabin crew unions threaten strike in late September
Seven trade unions representing Ryanair cabin crew in five countries threatened on Friday to hold a strike in late September unless the airline agrees to change working conditions.
Barnes & Noble shares soar after investor discusses sale with founder
Shares of Barnes & Noble Inc jumped as much as 21 percent on Friday after investor Richard Schottenfeld disclosed a higher stake in the bookseller and said he had discussed with its founder a possible sale of the company.
BA apologizes after 380,000 customers hit in cyber attack
British Airways apologized on Friday after the credit card details of hundreds of thousands of its customers were stolen over a two-week period in the most serious attack on its website and app.
World stock markets on pace for worst week since March as trade, rate hikes weigh
World share indexes limped toward their worst week in almost six months on Friday, with Asia equities hitting a 14-month low and U.S. stocks down in early trading as investors braced for additional trade tariffs and higher U.S. interest rates.
Canada optimistic NAFTA deal can be struck this month: source
Canada is increasingly optimistic it can reach a deal with the United States to salvage the North American Free Trade Agreement, although it may take until the end of September, a source with direct knowledge of the talks said on Friday.
China, ExxonMobil discuss $10 billion investment in Guangdong: state TV
Chinese officials and executives of ExxonMobil Corp discussed a $10 billion investment by the U.S.-based firm in the southern province of Guangdong, Chinese state television reported on Friday.
