Ford to recall some vehicles to replace side-door latches
(Reuters) – Ford Motor Co said it was recalling about 830,000 vehicles in North America to replace side-door latches that could unlatch while driving.
Designers come out for Apple in patent fight with Samsung
NEW YORK (Reuters) – Apple Inc deserved the hundreds of millions of dollars in damages Samsung Electronics Co Ltd paid for infringing patented designs of the iPhone because the product’s distinctive look drives people to purchase it, a group of desi…
Viacom posts surprise revenue rise as film unit drives gains
(Reuters) – Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon, reported a surprise rise in quarterly revenue as higher license fees and theatrical revenue in its movie unit helped to make up for a decline in domestic ad revenue.
Chesapeake Energy raises asset sales target for 2016
(Reuters) – Debt-laden Chesapeake Energy Corp , the No.2 U.S. natural gas producer, raised its asset sales target and production forecast for the year, keeping its capital budget unchanged.
BlackRock’s voting record clashes with CEO’s tough talk on buybacks
BOSTON (Reuters) – When Adam Kanzer wanted to stop the board of 3M Co from including the lucrative impact of share buybacks in their chief executive’s pay, he quoted Laurence Fink.
Goldman Sachs says Brexit could adversely affect operations
(Reuters) – Goldman Sachs Group Inc said on Thursday that Britain’s vote to leave the European Union may adversely affect some of its operations in the EU and could require the bank to restructure some of its businesses.
Biogen not pursuing a sale: source
(Reuters) – U.S. biotechnology company Biogen Inc has not received any formal expressions of interest from potential acquirers and is not actively soliciting takeover offers, according to a person familiar with the matter.
Financials lift stocks in Europe and Asia, pound dips before BoE decision
LONDON (Reuters) – Shares rose in Europe and Asia, lifted by gains in financial stocks, while sterling dipped against the dollar before a Bank of England policy meeting expected to deliver a first cut in interest rates since 2009.
UK banks pin Brexit hopes on financial crisis bailout negotiator
LONDON (Reuters) – In early October 2008, then Business Minister Shriti Vadera called a secret meeting of bankers and government officials on the top floor of Standard Chartered’s City of London headquarters to address Britain’s biggest peacetime crisi…
Exclusive: AirAsia to launch sale of stake in leasing arm, could value unit at $1 billion – sources
SINGAPORE (Reuters) – AirAsia Bhd , Asia’s biggest budget airline, will kick off the sale of a majority stake in its plane leasing unit this month, a deal that could value the business at about $1 billion, people familiar with the matter told Reuters.
