Northrop upbeat on E-2D early-warning sales despite UAE loss
DUBAI (Reuters) – Northrop Grumman Corp sees possible sales of dozens of its E-2D Advanced Hawkeye airborne early warning aircraft to countries in the Gulf, Asia and North Africa in coming years, despite the loss of an order from the UAE to Sweden’s SA…
Exclusive: French compromise snubbed as Renault-Nissan pursues shake-up – sources
PARIS (Reuters) – France has offered to limit its voting rights at Renault in a bid to end its power struggle with the carmaker and partner Nissan, but their combined CEO Carlos Ghosn remains determined to push through changes that would give the Japan…
VW brand sales fall 5.3 percent in first full month of scandal
BERLIN (Reuters) – Volkswagen brand sales fell 5.3 percent in October, the first full month after Europe’s biggest carmaker was found cheating diesel emissions tests in the United States.
Volkswagen sets end-November deadline for scandal whistleblowers
BERLIN (Reuters) – Volkswagen has set a deadline at the end of November for its whistleblower program designed to encourage workers to disclose information about the carmaker’s two emissions scandals in a move to speed up investigations.
European shares hammered after commodity rout
LONDON (Reuters) – European shares were set for their biggest weekly fall since September on Friday after commodity prices tumbled to multi-year lows on worries over slower global growth and a glut in supply.
Syngenta rejects $42 billion ChemChina offer: Bloomberg
(Reuters) – The world’s largest agrichemicals company, Syngenta AG , has rejected a $42 billion takeover offer by state-owned China National Chemical Corp, Bloomberg reported on Thursday, lifting Syngenta’s shares.
Investors flee Toshiba as hopes fade for quick scandal closure
TOKYO (Reuters) – Investors dumped shares in Japan’s Toshiba Corp on Friday, as closure on the company’s $1.3 billion accounting scandal appeared further out of reach after new revelations of losses at its U.S. nuclear unit Westinghouse.
Banks expected to adopt new technologies rather than be overrun
NEW YORK (Reuters) – New technology firms are battering all kinds of companies, but banks will remain as financial intermediaries, due to the regulations and duties governments have put on them, says a proponent of the technology behind the bitcoin cry…
Walmart workers group plans 15-day protest leading to Black Friday
(Reuters) – A Wal-Mart Stores Inc worker group that has pushed the retailer to raise pay and benefits is launching a 15-day protest leading up to Black Friday to rekindle the fight for a $15 per hour minimum wage and more opportunities to work full tim…
Fed officials lay case for December liftoff
WASHINGTON/NEW YORK (Reuters) – U.S. Federal Reserve officials lined up behind a likely December interest rate hike with one key central banker saying the risk of waiting too long was now roughly in balance with the risk of moving too soon to normalize…
