Unilever CEO in no rush to quit, prefers internal successor: Bernstein
(Reuters) – Unilever’s outgoing veteran chief executive, Paul Polman, may stay long enough to see the company through to its 2020 targets and would prefer an internal candidate as his replacement, brokerage Bernstein said.
Stocks, euro, Italian bonds make second day of gains
LONDON (Reuters) – World stocks, the euro and Italian bonds all made a second day of gains on Thursday, after renewed efforts from politicians in Rome to form a government and data from China pointed to its giant economy performing well.
Japan Tobacco to cut heated tobacco prices in battle with Philip Morris
TOKYO (Reuters) – Japan Tobacco Inc is set to slash prices on its heated tobacco products early next week after a similar move by bigger rival Philip Morris International Inc , signaling increased competition in Japan’s nascent market for alternative …
Sony’s push into entertainment aims for stability, not splashiness
TOKYO (Reuters) – Sony Corp’s new chief executive is embracing entertainment content, but for now appears to be steering clear of direct competition with tech giants such as Apple Inc and Netflix Inc .
Trump wants to push German carmakers out of U.S.: German magazine
BERLIN (Reuters) – German magazine Wirtschaftswoche said U.S. President Donald Trump aimed to push German carmakers out of the United States, and that he told French President Emmanuel Macron he wanted to stop Mercedes-Benz from cruising through New Yo…
U.S. to slap tariffs on steel, aluminum from EU on Thursday: sources
WASHINGTON/PARIS (Reuters) – Washington will announce plans to slap tariffs on EU steel and aluminum imports as early as Thursday morning, sources said, while the U.S. commerce secretary said any escalation of their trade dispute would depend on the bl…
Exclusive: Late to teapot party, ExxonMobil breaks with tradition in wooing China’s oil market
DONGYING, China (Reuters) – ExxonMobil Corp’s global oil marketing team stormed into China this week hoping to elbow aside rivals and gain access to the nation’s “teapot” refining market, executives told Reuters.
United States deeply concerned about EU’s new privacy guidelines: Ross says
LONDON (Reuters) – The United States is deeply concerned that the new European Union privacy guidelines will change how companies do business, Commerce Secretary Wilbur Ross said, adding that the regulation should be implemented in a way to minimize ba…
U.S. trade envoy Ross says up to EU whether there is escalation on tariffs: Le Figaro
PARIS (Reuters) – Washington does not want a trade war with the European Union, but whether there is an escalation or not will depend on the EU, U.S. Commerce Secretary Wilbur Ross said in an interview published by daily Le Figaro on Thursday.
Uber, Waymo in talks about self-driving partnership: Uber CEO
RANCHO PALOS VERDES, Calif. (Reuters) – Uber Technologies Inc [UBER.UL] is talking with Alphabet Inc’s autonomous driving unit Waymo about using its technology on Uber’s ride-hailing app, Uber Chief Executive Dara Khosrowshahi said on Wednesday, signal…
