Jean-Marc Janaillac tipped as Air France-KLM CEO: French media
PARIS (Reuters) – The board of Air France-KLM is likely to name Jean-Marc Janaillac as the Franco-Dutch airline group’s next chief executive after the resignation of Alexandre de Juniac, French media reported.
VW executive committee balks at Qatar’s push for seat: sources
FRANKFURT/BERLIN (Reuters) – Frustrated with the pace of reform at Volkswagen, shareholder Qatar has asked the carmaker for a seat on the company’s executive committee, a request that has met with substantial opposition, two sources familiar with the m…
Apple’s stock suffers worst week since 2013
SAN FRANCISCO (Reuters) – Apple Inc on Friday ended its worst week on the stock market since 2013 as worries festered about a slowdown in iPhone sales and after influential shareholder Carl Icahn revealed he sold his entire stake.
Exclusive: Yahoo’s bidder shortlist points to cash deal -sources
(Reuters) – Yahoo Inc has shortlisted close to 10 bidders in the auction for its core Internet assets, including Verizon Communications Inc, with most offers involving cash rather than a combination with another company, according to people familiar wi…
U.S. earnings still lousy, but showing signs of life
NEW YORK (Reuters) – As earnings season begins to enter the homestretch, what has shaped up to be a dismal quarter for quarterly profits may have reached a bottom.
Renault board maintains CEO pay deal despite shareholder revolt
PARIS (Reuters) – Renault stuck by its decision to pay Carlos Ghosn 7.2 million euros ($8.2 million) for 2015, defying a shareholder vote against the chief executive’s package on Friday.
Nissan to recall 3.53 million vehicles: air bags may not deploy
WASHINGTON (Reuters) – Nissan Motor Co Ltd said on Friday it will recall 3.53 million vehicles, most in the United States, citing passenger-side air bags that may not work properly because vehicle sensors may malfunction.
Google faces first EU fine in 2016 with no deal on cards: sources
BRUSSELS – Google is likely to face its first European Union antitrust sanction this year, with little prospect of it settling a test case with the bloc’s regulator over its shopping service, people familiar with the matter said.
Refining’s silver lining loses luster at Exxon and Chevron
HOUSTON (Reuters) – Exxon Mobil Corp and Chevron Corpon Friday reported their most dismal quarterly results in more than a decade on low oil prices and an oversupplied fuel market that hurt what had been lucrative refining margins.
Fed’s Kaplan says may back June or July rate rise
LONDON (Reuters) – Dallas Federal Reserve President Robert Kaplan said on Friday that he could back a rise in U.S. interest rates as soon as June or July, if U.S. economic data firms up as he expects.
