Trump officials to unveil plan to cut factory rules this week
WASHINGTON (Reuters) – The Trump administration intends to unveil this week a plan to trim regulations it believes constrain U.S. manufacturing growth, potentially affecting environmental permits, worker safety and labor rules, an administration offici…
Uber CEO Kalanick likely to take leave, SVP Michael out: source
SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] Chief Executive Travis Kalanick is likely to take a leave of absence from the troubled ride-hailing company, but no final decision has yet been made, according to a source familiar with the outc…
Takata recommends re-electing board as search for rescue deal drags on
TOKYO (Reuters) – Japan’s Takata Corp , the airbag maker at the center of world’s largest automotive recall, has recommended reappointing its current board, underscoring slow progress in its efforts to to clinch a financial backer to overhaul the busin…
Aldi fires $3.4 billion shot in U.S. supermarket wars
CHICAGO (Reuters) – German grocery chain Aldi Inc [ALDIEI.UL] said on Sunday it would invest $3.4 billion to expand its U.S. store base to 2,500 by 2022, raising the stakes for rivals caught in a price war.
Tech selloff spreads to Europe and Asia, politics lifts euro
LONDON (Reuters) – Technology stocks fell across Europe and Asia on Monday after the worst day for Apple shares in more than a year, while the euro and its bonds rallied after a bumper weekend for pro-EU and pro-business politics in France and Italy.
UniCredit CEO confident Italian banks will help rescue Veneto lenders
MILAN (Reuters) – The chief executive of UniCredit , Italy’s biggest bank by assets, said on Sunday he was confident a solution for the country’s two ailing Veneto-based lenders would be found with the help of other domestic banks.
Airbus may look beyond UK unless Brexit demands met – Sunday Times
LONDON (Reuters) – Airbus could move production of new aircraft models out of Britain if the European plane-maker’s “non-negotiable” demands over the free movement of people and trade tariffs are not delivered in upcoming Brexit talks, the Sunday Time…
Lawmakers urges U.S. Treasury to reject Aleris sale to China aluminum giant
WASHINGTON (Reuters) – More than two dozen U.S. lawmakers have urged U.S. Treasury Secretary Steven Mnuchin to reject the proposed sale of U.S. aluminum products maker Aleris Corp to China Zhongwang Holdings Ltd to protect U.S. security interests.
Opel CEO to resign after sale to Peugeot: newspaper
BERLIN/FRANKFURT (Reuters) – The chief executive of General Motors’ European arm Opel, Karl-Thomas Neumann, plans to resign as GM prepares to sell the business to France’s PSA Group, German newspaper Frankfurter Allgemeine Sonntagszeitung (FAS) report…
Opel CEO plans to resign after sale to Peugeot: German newspaper
BERLIN (Reuters) – Karl-Thomas Neumann, chief executive of Open, the European arm of General Motors , plans to resign, German newspaper Frankfurter Allgemeine Sonntagszeitung reported on Saturday.
