Britain’s FCA goes ahead with disputed ‘Aramco’ listing rule
LONDON (Reuters) – Britain’s markets watchdog will press ahead with a new premium listing next month aimed at attracting companies like state-controlled Saudi Aramco to London, although the rules have been “refined” following investor criticism.
China’s ZTE apologizes, pledges reboot after U.S. reprieve
HONG KONG/SHENZHEN (Reuters) – The chairman of ZTE Corp apologized to staff and customers on Friday after the Chinese technology firm agreed to pay a $1 billion fine to the United States to end a ban that has crippled key businesses, including smartph…
Britain’s FCA presses ahead with ‘Aramco’ listing rule
LONDON (Reuters) – Britain’s markets watchdog will press ahead with a new premium listing next month aimed at attracting companies like state-controlled Saudi Aramco to London, although the new rules have been tightened following criticism.
Volkswagen’s labor boss aims to foster, not sell, non-core assets
WOLFSBURG, Germany (Reuters) – Volkswagen’s powerful works council will continue to block potential sales of the carmaker’s non-core industrial assets and instead seek steps with the new chief executive to advance the units, its top labor leader said …
Airbus set to close deal for majority stake in Bombardier CSeries
(Reuters) – Airbus SE is set to close a deal to take a controlling stake in Bombardier Inc’s CSeries jetliner program, effective July 1, the companies said on Friday, in a move expected to kickstart the European planemaker’s ability to put its market…
BT CEO to step down after poorly received recovery plan
LONDON (Reuters) – BT Group’s Chief Executive Gavin Patterson will step down later this year after the British telecoms company’s chairman said a change in leadership was needed.
BT’s CEO Gavin Patterson to step down
LONDON (Reuters) – BT Group’s Chief Executive Gavin Patterson will step down later this year after the British telecom company’s chairman said a change in leadership was needed.
Why Canada’s pot legalization won’t stop black-market sales
TORONTO (Reuters) – Jake Rowinski, a 20-year-old University of Toronto student, buys marijuana every week from one of the many self-described “medical” dispensaries in downtown Toronto.
U.S. can sell pork to Mexico through import quota, despite tariffs: Mexico
MEXICO CITY (Reuters) – U.S. producers can sell pork legs and shoulders to Mexico via an import quota despite retaliatory measures taken this week after U.S. President Donald Trump imposed tariffs on steel and aluminum, the Mexican government said on T…
Japan’s home-sharing offerings evaporate ahead of new regulations
TOKYO (Reuters) – Japan, which just months ago had tens of thousands of Airbnb and home-sharing properties available, has approved only about 150 before a new law kicks in next week, meant to bring order to the market and create more lodging options fo…
