VW CEO says recall to start in January, be completed end-2016
BERLIN (Reuters) – Volkswagen Chief Executive Matthias Mueller said in an interview with a German newspaper that the company would launch a recall for cars affected by its diesel emissions crisis in January and complete the fix by the end of next year….
Tesco shows signs of recovery after profit collapse
LONDON (Reuters) – Britain’s biggest supermarket Tesco said it was trading ahead of expectations and outperforming rivals after a move to sacrifice profitability in favor of price cuts and better services won back customers.
Vodafone goes back to basics after failed Liberty deal
LONDON (Reuters) – With a $120 billion merger with Liberty Global off the table, Vodafone boss Vittorio Colao needs his strategy of higher network investments and acquisitions of European cable companies to start paying off, quickly.
Renault-Nissan discuss new structure to counter French control: Nikkei
TOKYO (Reuters) – Renault SA and Nissan Motor Co have entered discussions to reorganize their capital alliance structure in a bid to water down Paris’s control of the French automaker, the Nikkei business daily reported on Wednesday.
U.S. consumer watchdog wants partial ban on arbitration clauses
WASHINGTON (Reuters) – Banks and credit card companies may not force customers to sign away their legal rights to take part in class action lawsuits, under an early-stage U.S. government proposal that is likely to draw ire from Wall Street.
Airbus, Bombardier end talks over CSeries jet investment
MONTREAL/WASHINGTON/PARIS (Reuters) – Airbus on Tuesday called off talks with Bombardier over propping up the troubled CSeries jet, leaving the Canadian plane maker facing dwindling options to keep alive its dream of competing in the aerospace big leag…
Airbus, Bombardier end talks over CSeries jet investment
MONTREAL/WASHINGTON/PARIS (Reuters) – Airbus on Tuesday called off talks with Bombardier over propping up the troubled CSeries jet, leaving the Canadian plane maker facing dwindling options to keep its dream of competing in the aerospace big league ali…
DuPont CEO departure buys time to appease Peltz
BOSTON/TORONTO (Reuters) – The departure of DuPont’s chairwoman and chief executive Ellen Kullman has bought the U.S. chemical manufacturer a few months’ grace to boost its stock price and appease activist investor Nelson Peltz.
Bombardier says no longer in talks with Airbus
WASHINGTON (Reuters) – Canada’s Bombardier Inc on Tuesday said it had held talks with European planemaker Airbus about “certain business opportunities,” but those discussions were no longer under way.
Volkswagen CEO says recall to start in January, be completed end-2016
BERLIN (Reuters) – Volkswagen Chief Executive Matthias Mueller said in an interview with a German newspaper that the company would launch a recall for cars affected by its diesel emissions crisis in January and complete the fix by the end of next year….
