Corona maker Constellation Brands quarterly results top estimates
(Reuters) – Constellation Brands Inc reported better-than-expected quarterly sales and profit on Thursday, driven by strong demand for its Corona and Modelo beers and premium wines.
U.S.-trained engineer takes on Algeria’s energy monolith
ORAN, Algeria (Reuters) – When the U.S.-educated CEO of Algeria’s state energy company Sonatrach ended a speech to staff by seeking questions, an executive sitting next to him quickly picked up the microphone.
BP chief Dudley’s 2017 pay rises after previous year’s cut
LONDON (Reuters) – BP Chief Executive Bob Dudley’s remuneration rose to $13.4 million in 2017, when the oil and gas giant’s profits more than doubled and production soared.
Exclusive: German military report Airbus A400M transport still in trouble
BERLIN (Reuters) – The Airbus A400M military transport programme faces continued problems such a cumbersome mission planning system that makes it impossible to carry out medical evacuations and other short-term missions, a confidential German military…
Exclusive: Firms complain of contaminated crude from U.S. reserve
NEW YORK (Reuters) – Three firms that bought crude oil last year from U.S. emergency stockpiles raised concerns about dangerous levels of a poisonous chemical in the cargoes, according to internal Energy Department emails and shipping documents reviewe…
Stocks reboot after tech problems, first quarter losses loom
LONDON (Reuters) – Stock markets and other riskier assets steadied on Thursday as investors dusted themselves down after a woeful week for the tech sector, readying for what was set to be the first quarterly drop in global equities in two years.
Malaysia’s central bank says foiled attempts at unauthorized fund transfers
KUALA LUMPUR (Reuters) – Malaysia’s central bank said on Thursday it had detected and foiled a cybersecurity incident involving attempted unauthorized fund transfers using falsified SWIFT messages.
Exchange operator CME Group to buy Britain’s NEX for $5.5 billion
LONDON (Reuters) – U.S. exchange operator CME Group has agreed to buy NEX Group for $5.5 billion to create a cross-border powerhouse for investors trading in the multi-trillion dollar foreign exchange and government debt markets.
Tesla returned to German subsidies list, ending row
FRANKFURT/BERLIN (Reuters) – Tesla buyers in Germany can apply for subsidies again because a government agency has ended its dispute with the U.S. carmaker over whether its Model S was too expensive to qualify for the incentives scheme.
Merits of any Takeda bid for Shire questioned, shares slide
TOKYO (Reuters) – A potential acquisition of London-listed Shire by Takeda Pharmaceutical was greeted with investor scepticism about it merits on Thursday, with shares in the Japanese drug maker tumbling 7 percent.
