Airport staff involved in Total CEO plane crash had been drinking: regulator
MOSCOW (Reuters) – Two Moscow airport workers involved in a plane crash in which Christophe de Margerie, the CEO of Total, was killed had been drinking alcohol, Russia’s aviation regulator said on Tuesday, saying the accident could have been avoided al…
EU proposes common tax rules to close avoidance loopholes
LONDON (Reuters) – Multinational companies would have to calculate their tax liabilities according to one set of rules across the European Union under proposals on Tuesday aimed at stopping them shifting profits to avoid taxes.
Caterpillar posts lower earnings, cuts 2016 outlook
(Reuters) – Caterpillar Inc on Tuesday reported a sharply lower third-quarter profit after global economic weakness and an abundance of available used equipment slowed sales of its new machinery.
Post-it maker 3M trims forecasts for second time
(Reuters) – 3M Co , the maker of Scotch tape and Post-it notes, trimmed its full-year revenue and earnings forecasts for the second time as it struggles with slowing sales in emerging markets.
BlackBerry launches its third Android-based phone
TORONTO (Reuters) – BlackBerry Ltd launched its third Android-based phone on Tuesday, opting to price the device cheaper than competing products like Apple Inc’s iPhone 7 and Android-maker Alphabet Inc’s Pixel.
P&G profit beats on cost cuts, demand for home care goods
(Reuters) – Procter & Gamble Co , the maker of Tide detergent and Pampers diapers, reported a better-than-expected quarterly profit, helped by cost-cutting and strong demand for its baby, feminine and home care products.
World stocks, commodities climb as economic confidence lifts
LONDON (Reuters) – World markets had a swagger about them on Tuesday as upbeat economic data and signs of a revival in inflation pushed up stocks and commodity prices and kept the dollar at a nine-month high.
Cyrus Mistry files four caveats against Tata trusts: media
MUMBAI (Reuters) – Cyrus Mistry, the ousted chairman of India’s Tata Sons [TATAS.UL], has filed four caveats against Ratan Tata and Dorabji Tata Trust at the National Company Law Tribunal, news channel CNBC TV18 reported on Tuesday.
DuPont profit beats as cost cuts take hold
(Reuters) – Chemicals and seeds producer DuPont reported a better-than-expected quarterly profit as its cost-cutting measures paid off ahead of its merger with Dow Chemical Co .
ChemChina ready for concessions to clinch delayed Syngenta deal in 2017: source
BEIJING/ZURICH (Reuters) – State-owned Chinese chemicals group ChemChina is ready to offer more concessions to win European Union antitrust approval for its $43 billion bid for Swiss pesticide and seed group Syngenta, a source with direct knowledge of …
