LafargeHolcim to withdraw from several countries: chairman
VIENNA (Reuters) – LafargeHolcim is considering withdrawing from several markets as part of its efforts to make last year’s mega-merger a success, Chairman Beat Hess told weekly Sonntagszeitung.
Iran supports any move to stabilize oil market: Rouhani
DUBAI (Reuters) – Iran’s President Hassan Rouhani said Tehran supports any move to stabilize the global oil market and lift prices, the Iranian oil ministry news agency SHANA quoted him as saying on Sunday.
Samsung Electronics says sold shares in four companies
SEOUL (Reuters) – Tech giant Samsung Electronics Co Ltd said on Sunday it sold shares in four companies including ASML Holding NV and Seagate Technology Plc to free up money for additional investments for its core businesses.
Colonial resumes work on U.S. gasoline line, pump prices rise
(Reuters) – Colonial Pipeline Co said on Saturday it resumed repairing a leak on a key U.S. gasoline line on Friday afternoon, but pump prices continued to rise in the southeast as several states took emergency action to get fuel to filling stations mo…
VW’s Audi R&D head to be suspended over emissions scandal: Bild am Sonntag
BERLIN (Reuters) – Volkswagen’s Audi head of development will be suspended this coming week as part of the investigation into an emissions scandal, Bild am Sonntag reported citing sources.
OPEC chief: Algiers meeting not for ‘decision making’: Algerian state media
ALGIERS (Reuters) – OPEC Secretary-General Mohammed Barkindo said the meeting of OPEC members and non-OPEC producers in Algiers this month would be an informal meeting for consultations and not for decision making, Algerian state news agency APS said o…
No significant progress in auto talks with GM: Canada Unifor union
TORONTO (Reuters) – General Motors Co and the Canadian union Unifor have not yet made any significant progress in their talks to hammer out a new contract, the labor group’s President Jerry Dias said on Saturday as the sides entered the final stretch o…
Hanjin Shipping plan would see sale of most of its ships: WSJ
SEOUL (Reuters) – South Korea’s Hanjin Shipping Co Ltd, whose collapse has disrupted global trade, is considering a restructuring plan to sell more than half its ships, the Wall Street Journal reported on Friday, citing people familiar with the matter….
Bayer in $66 billion bet that farmers will back linked-up supplies
FRANKFURT (Reuters) – Bayer’s $66 billion purchase of Monsanto amounts to a long-term bet that farmers will grow to trust combinations of seeds and pesticides rather than continue to pick from ranges of separate products.
Fed meeting grabs spotlight amid volatility comeback
NEW YORK (Reuters) – Stock investors next week will focus on the Federal Reserve’s monetary policy decision and whether economic growth trends have given the U.S. central bank reason to raise interest rates off of rock-bottom levels.
