DuPont profit beats on strong seed demand
(Reuters) – Chemicals and seeds producer DuPont , which is merging with Dow Chemical Co , reported a better-than-expected profit for the seventh straight quarter, helped by a rise in seed sales.
Gazprom CEO sees share of EU gas market rising despite LNG rivals
LONDON (Reuters) – A new pipeline from Russia’s Arctic fields to Germany will boost Moscow’s share of the European gas market despite competition from Qatar and the United States, and will also mean much less fuel goes via Ukraine, Russian gas monopoly…
Exclusive: Boeing near decision to launch 737-10 jet – sources
PARIS (Reuters) – Boeing is nearing a decision to launch a larger version of its 737 workhorse jet within two months to counter strong sales of the Airbus A321neo, after a breakthrough on the design for one of its parts, industry sources said.
Dutch Economic Affairs minister says still opposed to Akzo Nobel takeover
AMSTERDAM (Reuters) – Dutch Economic Affairs Minister Henk Kamp repeated his opposition to a takeover of paint maker Akzo Nobel on Tuesday, saying he did not care that U.S. rival PPG Industries had raised its offer.
Dutch court backs Swatch in row with Tiffany over venture
ZURICH (Reuters) – A Dutch appeals court ruled on Tuesday that Swatch Group deserves compensation in a row with U.S. luxury goods maker Tiffany over a failed watch venture.
Waymo testing self-driving car ride service in Arizona
SAN FRANCISCO (Reuters) – Alphabet Inc’s Waymo autonomous vehicle group will begin testing a self-driving car program for hundreds of families in Phoenix, Arizona and is buying 500 Chrysler minivans to do so, the companies said on Tuesday.
Ghosn wants Mitsubishi to reform, rules out Nissan merger
BEKASI, Indonesia (Reuters) – A full merger of Japanese car makers Mitsubishi Motors Corp (MMC) and Nissan Motor Co Ltd is not on the table, Carlos Ghosn, chairman of both firms, said on Tuesday.
LVMH’s Arnault to take full control of Christian Dior
PARIS (Reuters) – French billionaire Bernard Arnault will combine the Christian Dior fashion brand with his LVMH luxury goods group as part of a 12 billion euro ($13 billion) move to simplify his business interests, a restructuring long demanded by oth…
Credit Suisse investors prepare to grill chairman Rohner over pay
ZURICH (Reuters) – Credit Suisse Chairman Urs Rohner faces his toughest shareholder meeting to date this week following an investor revolt over bonuses and losses totaling 5.65 billion Swiss francs ($5.7 billion) since 2015.
Toshiba to start taking bids in June for its Swiss unit Landis+Gyr: Kyodo
TOKYO (Reuters) – Japan’s Toshiba Corp will start taking bids for Landis+Gyr, its Swiss smart meter unit, as early as June, Kyodo news agency reported on Tuesday.
