Hyundai Motor shares tumble following U.S. probe of air bag failures
SEOUL (Reuters) – Shares of Hyundai Motor slid on Monday after a U.S. regulator said it had opened a probe into why some air bags failed to deploy in Hyundai and Kia vehicles following crashes that reportedly killed four people and left six injured.
CACI seeks to break up General Dynamics’ acquisition of CSRA
(Reuters) – U.S. defense contractor CACI International Inc said on Sunday it had offered to merge with larger peer CSRA Inc, seeking to disrupt the latter’s $6.8 billion acquisition by General Dynamics Corp.
Disputes with temporary workers add to GM Korea’s challenges
BUPYEONG, South Korea (Reuters) – Having lost his temporary job as a mechanist at GM Korea twice in the past eight years, Shin Hyun-chang was eagerly awaiting a court ruling last month on whether the automaker would be forced to recognize him as a full…
Top executive resigns from Cohen’s Point72 after lawsuit, fundraising
(Reuters) – Douglas Haynes has resigned as president of Point72 Asset Management LP, a spokeswoman for billionaire Steven Cohen’s investment firm said on Sunday, as the company and Haynes face a lawsuit claiming women are subject to a hostile working …
CACI seeks to break up General Dynamics’ acquisition of CSRA: sources
(Reuters) – U.S. defense contractor CACI International Inc has offered to merge with larger peer CSRA Inc , seeking to disrupt the latter’s $6.8 billion acquisition by General Dynamics Corp , people familiar with the matter said.
New German finance ministry pushes free trade at G20 meeting
BUENOS AIRES (Reuters) – Germany’s new finance minister Olaf Scholz warned on Sunday that protectionism could harm future economic prospects and said Germany would continue talks to dissuade the United States from imposing planned punitive steel and al…
Ten years after crash, Americans still have not fallen back in love with stocks
NEW YORK (Reuters) – Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said.
Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO
(Reuters) – Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content.
Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
U.S. government to accept metals tariffs exclusion requests from Monday
WASHINGTON (Reuters) – The U.S. Commerce Department said it will begin accepting requests on Monday for product exclusions from President Donald Trump’s new steel and aluminum import tariffs, but it could take up to 90 days for the agency to make deter…
