UAW says Volkswagen refuses collective bargaining for Tennessee workers
DETROIT (Reuters) – The United Auto Workers union has filed charges against Volkswagen AG, claiming the company is refusing to enter into collective bargaining for a portion of workers at its Chattanooga, Tennessee, factory, the union said on Tuesday.
Abercrombie appoints Hollister brand chief its merchandising head
(Reuters) – Abercrombie & Fitch Co has promoted Fran Horowitz, the president of its Hollister brand, to the newly created role of chief merchandising officer in another effort by the company to make its apparel more attractive to teen shoppers.
Apple hits out at British plans to extend online surveillance
LONDON (Reuters) – Apple has warned that a British plan to give intelligence agencies extra online surveillance powers could weaken the security of personal data for millions of people and paralyze the tech sector.
Global funds cut stocks, slowdown worries persist: poll
LONDON (Reuters) – Global investors cut their equity holdings in December and raised their exposure to bonds, a Reuters poll of fund managers showed on Tuesday, as worries about a global economic slowdown and uncertainty about the pace of Fed tightenin…
After fuelling $1 trillion Asia deal spree, China’s M&A set to hit new heights in 2016
HONG KONG (Reuters) – China Inc’s outbound acquisitions spree in 2015 helped push Asia-Pacific’s annual deal value past $1 trillion for the first time, with 2016 set for a bigger splurge still as Chinese firms buy even more assets abroad to sidestep sl…
‘Das Auto’ no more: Volkswagen plans image offensive
BERLIN (Reuters) – Scarred by a public relations thrashing over its “Dieselgate” scandal, Volkswagen is planning an image offensive, and its “Das Auto” global advertising slogan is an early casualty.
Ford in talks with Google to build self-driving cars: Automotive News
(Reuters) – Google is said to be in talks with automaker Ford Motor Co to help build the Internet search company’s autonomous cars, Automotive News reported, citing a person with knowledge of the project.
U.S. says $1 billion linked to Venezuelan energy corruption scheme
(Reuters) – U.S. authorities have traced over $1 billion to a conspiracy involving a Venezuelan magnate who allegedly paid bribes to obtain contracts from Venezuelan state oil company PDVSA, according to U.S. court papers made public on Monday.
Brent oil hits 11-year low as global supply balloons
NEW YORK (Reuters) – Brent oil cratered to its lowest price in more than 11 years on Monday, as demand for heating oil slumped on warmer-than-normal temperatures and traders tested for a bottom.
Shari Redstone refused to sell stake in media empire: WSJ
(Reuters) – Shari Redstone refused an offer from her media mogul father Sumner to sell her 20 percent stake in the holding company that controls Viacom Inc and CBS Corp for $1 billion, the Wall Street Journal reported.
