Kinder Morgan to restart construction on Trans Mountain in August
(Reuters) – Kinder Morgan Canada Ltd said in a filing on Tuesday it is restarting construction in August on the Trans Mountain pipeline’s expansion after halting work in the spring due to opposition from environmentalists and other groups as Canada pre…
Samsung’s second quarter profit seen flagging as smartphone innovation dries up
SEOUL (Reuters) – Samsung Electronics Co Ltd is expected to post its smallest profit growth in more than a year in the second quarter, as lacklustre sales of its premium Galaxy smartphones overshadow its highly profitable chip business.
Germany’s Thyssenkrupp restructuring to continue after steel deal: CEO
FRANKFURT (Reuters) – Thyssenkrupp Chief Executive Heinrich Hiesinger said he would restructure the German industrial conglomerate further after signing a long-awaited deal to merge its steel assets with those of India’s Tata Steel .
U.S. allows ZTE transactions to maintain networks
(Reuters) – The U.S. Commerce Department on Tuesday granted a temporary reprieve to ZTE Corp <000063.SZ > that allows China’s No. 2 telecommunications equipment maker to conduct business needed to maintain existing networks and equipment in the U…
Barnes & Noble boots out CEO for policy violations
(Reuters) – Barnes & Noble Inc said on Tuesday it terminated Demos Parneros as chief executive officer, citing violations of the bookseller’s policies.
Trump supporters urge Walmart boycott over ‘Impeach 45’ clothing
NEW YORK (Reuters) – U.S. retailer Walmart Inc faced an outcry from supporters of President Donald Trump on Tuesday for listing for sale on its open marketplace clothing with the slogan “Impeach 45,” an apparent reference to Trump, the country’s 45th …
Cuban flagship airline’s woes deepen after crash
HAVANA (Reuters) – In the busy summer travel period in Cuba, a long line of people wait for hours in the sweltering heat outside the Havana office of state-owned airline Cubana, many of them eager to visit families in the provinces.
Dow Chemical settles SEC charges for failing to report ex-CEO’s perks
NEW YORK (Reuters) – A three-year U.S. Securities and Exchange Commission investigation found that Dow Chemical failed to properly disclose around $3 million in perks for former Chief Executive Andrew Liveris, ranging from personal use of company aircr…
Over 40 countries object at WTO to U.S. car tariff plan
GENEVA (Reuters) – Major U.S. trading partners including the European Union, China and Japan voiced deep concern at the World Trade Organization (WTO) on Tuesday about possible U.S. measures imposing additional duties on imported autos and parts.
Tesla shares skid further on concern over Model 3, report on brake test
(Reuters) – Tesla Inc shares closed sharply lower on Tuesday amid analyst skepticism about its Model 3 cars and a news report that said the company had stopped running a brake test on its cars.
