Exclusive: Trafigura set to boost its dominance in Urals – sources
MOSCOW/LONDON (Reuters) – Oil trader Trafigura will regain its position as the largest buyer of seaborne crude from Russia’s Rosneft, trading sources told Reuters on Friday, expanding their partnership as Rosneft reduces its dealings with Vitol and Gle…
Coca-Cola, U.S. State Dept to use blockchain to combat forced labor
NEW YORK (Reuters) – Coca-Cola Co and the U.S. State Department along with two other companies said on Friday they are launching a project using blockchain’s digital ledger technology to create a secure registry for workers that will help fight the use of forced labor worldwide.
Microsoft hits back at claims it ignored sexual harassment
SAN FRANCISCO (Reuters) – A senior executive said Microsoft Corp thoroughly investigates issues raised by women in the workplace and fired about 20 employees last year over complaints of sexual harassment as the company seeks to counter claims that it…
Icahn unveils 6.9 percent stake in Newell, could seek board seat
(Reuters) – Activist investor Carl Icahn on Friday disclosed a 6.86 percent stake in Sharpie pens maker Newell Brands Inc , and said he could seek a board seat at the company, which is already battling another top shareholder over board representation….
Wall Street advances on strong industrial data but posts weekly losses
NEW YORK (Reuters) – The S&P 500 and the Dow Industrials rose on Friday, boosted by strong industrial output numbers, though all three of Wall Street’s major indexes posted losses for the week.
Wall Street rises with help from industrial data
NEW YORK (Reuters) – U.S. stocks rose on Friday boosted by strong industrial output numbers though Wall Street’s three major indexes posted losses for the week.
Boeing 737 Max 7 narrowbody jetliner makes maiden flight
SEATTLE (Reuters) – The smallest member of Boeing Co’s upgraded narrowbody jetliner range, the 138-seat 737 MAX 7, began a maiden flight on Friday, the start of several months of trials before entering service next year, the company said.
Kering says Swiss activities tax-compliant
PARIS (Reuters) – French luxury goods group Kering has complied with its tax obligations in Switzerland, it said on Friday, responding to newspaper reports alleging that the company used a Swiss-based scheme to evade taxes on earnings from brands such…
Caterpillar’s latest restructuring move could cut 880 jobs
CHICAGO (Reuters) – Caterpillar Inc will close two facilities in Texas and Panama and is also considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, but the move …
EU starts retaliation process against U.S. tariffs
BRUSSELS (Reuters) – The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs, the first step towards measures to counter planned U.S. taxes on European steel and aluminum.
