Fiat Chrysler picks Poland to make two new car engines
MILAN/KRAKOW, Poland (Reuters) – Fiat Chrysler Automobiles (FCA) will produce two new gasoline engines at its plant in Bielsko-Biala, southern Poland in an investment it said was confirmation of its commitment to developing its operations in the countr…
China to tighten control on domestic firms’ foreign investment: WSJ
(Reuters) – China plans to tighten controls on Chinese companies looking to invest abroad, in an effort to slow a surge of capital fleeing offshore, the Wall Street Journal reported on Friday, citing documents it reviewed and sources familiar with the matter.
India’s Tata Steel removes Cyrus Mistry as chairman
MUMBAI (Reuters) – India’s Tata Steel has removed former head of Tata Sons Cyrus Mistry as chairman of its board in a board meeting held in Mumbai on Friday, the company said in a statement.
Turkey’s Pegasus may postpone Boeing deliveries as costs weigh, CEO says
ISTANBUL (Reuters) – Turkish budget carrier Pegasus Airlines may postpone delivery of three new Boeing aircraft next year, lease some of its current fleet and sell older planes to cut costs after a difficult year for tourism, its chief executive said.
Jaguar Land Rover wants to build electric cars in Britain
LONDON (Reuters) – Britain’s biggest carmarker Jaguar Land Rover said it wants to build electric cars in Britain in what would be a further boost to the UK automotive sector after the Brexit vote.
Thanksgiving sales surge online as shoppers stay home for holiday
(Reuters) – Online spending by U.S. bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14 percent from a year ago and reflecting a broader trend away from brick-and-mortar shopping.
More company climate votes ahead, as Trump may loosen energy rules
BOSTON (Reuters) – Activist shareholders plan a record number of resolutions focused on climate change at U.S. company annual meetings in 2017, even as President-elect Donald Trump looks set to loosen environmental regulations.
Global equities climb, dollar on back foot
LONDON (Reuters) – Global equities climbed on Friday, while the dollar retreated against major currencies as a pullback in U.S. bond yields prompted some investors to take profits after the currency’s best run in almost two years.
J&J makes takeover approach for Swiss drugmaker Actelion: Bloomberg
(Reuters) – U.S. healthcare company Johnson & Johnson has approached Swiss biotechnology firm Actelion Ltd about a potential takeover, Bloomberg reported on Thursday, citing people it said were familiar with the matter.
Trump keeps politics on his Thanksgiving menu
WEST PALM BEACH, Fla./WASHINGTON (Reuters) – U.S. President-elect Donald Trump spent the Thanksgiving holiday at his Mar-a-Lago resort on Thursday, dining with his family at the Florida golf club after revisiting a campaign pledge he made about restori…
