Budweiser maker Anheuser-Busch reserves 40 Tesla electric trucks: WSJ
(Reuters) – Anheuser-Busch, which makes Budweiser beers, has reserved 40 of Tesla Inc’s all-electric Semi trucks as it seeks to reduce fuel costs and vehicle emissions, the Wall Street Journal reported on Thursday.
Steinhoff scandal knocks $12 billion off value in blow to tycoon Wiese
JOHANNESBURG/BERLIN (Reuters) – Shocked Steinhoff shareholders have wiped more than $12 billion off its value since it revealed “accounting irregularities” and parted ways with its chief executive, in a dramatic fall from grace for the South African re…
General Electric to cut 12,000 jobs in power business revamp
ZURICH/LAS VEGAS (Reuters) – General Electric Co said Thursday it is axing 12,000 jobs at its global power business, the struggling industrial conglomerate’s latest effort to shrink itself into a more focused company.
Czech Travel Service says signs deal for additional nine Boeing 737 MAX planes
PRAGUE (Reuters) – Czech airline Travel Service said on Thursday it had signed an order for nine additional Boeing 737 MAX planes for its fleet in November, increasing its total order book for the model to 39 planes.
Stock futures sluggish; eyes on tax bill talks and General Electric
(Reuters) – U.S. stock futures pointed to a dull opening on Thursday with technology stocks holding on to their modest gains as traders focus on progress in tax bill negotiations and General Electric’s job-cut plan.
German SPD leader takes aim at U.S. tech giants
BERLIN (Reuters) – The leader of Germany’s Social Democrats (SPD) took aim at U.S. technology firms Apple, Facebook and Google on Thursday, saying a strong Europe was needed to make sure they stick to the rules.
GE to cut 12,000 jobs in power business: Bloomberg
(Reuters) – General Electric Co is planning to cut 12,000 jobs in its power business, Bloomberg reported on Thursday, citing a person familiar with the matter.
ExxonMobil, Chevron, Shell paid no tax in Australia for 2016
MELBOURNE (Reuters) – Exxon Mobil Corp and Chevron Corp paid no tax in Australia in the 2016 financial year, the third year in a row, despite reporting billions of dollars in income from operations in the country, a report from the tax office showed …
AT&T/Time Warner antitrust hearing to focus on trial date
WASHINGTON (Reuters) – The U.S. Department of Justice and AT&T Inc will meet in court for the first time on Thursday as the antitrust regulator attempts to stop the U.S. No. 2 wireless company’s $85 billion purchase of media company Time Warner Inc .
Toymaker Lego wins Chinese copyright case against brick imitators
COPENHAGEN (Reuters) – Lego has won a landmark case in China against two companies that manufactured and sold toys almost identical to its LEGO Friends range but branded Bela, the Danish toymaker said.
