Barclays ‘bad bank’ chief Bommensath to quit at end-January
LONDON (Reuters) – British bank Barclays Plc’s said its “bad bank” business head Eric Bommensath will leave at the end of this month after 17 years at the bank.
Intel Corp chief shows wrist-worn drone; promises to employ more women
SAN FRANCISCO (Reuters) – Intel Corp Chief Executive Brian Krzanich showed off a computer built into a jacket button and a wristband that transforms into a selfie-snapping flying camera, as the chipmaker extends its push into smart wearable gadgets.
China fourth-quarter GDP growth may slow to 7.2 percent, weakest since first quarter 2009
BEIJING (Reuters) – China’s annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown th…
American Apparel updates code of ethics document
(Reuters) – American Apparel Inc updated its code of ethics on the company’s website, after firing founder Dov Charney as its chief executive last month for alleged misconduct.
U.S. recalls may climb this year says car safety chief
WASHINGTON/DETROIT (Reuters) – A recent wave of auto recalls may lead to even more flaws being discovered this year as drivers become alert to design faults, the top U.S. car safety official said on Tuesday.
Exclusive: Sell-side sours on U.S. energy stocks more than any sector
NEW YORK (Reuters) – As if plummeting oil prices were not giving energy companies enough to worry about in 2015, Wall Street has turned against the sector, with stock analysts slashing earnings estimates.
Shell to pay out $83 million to settle Nigeria oil spill claims
ABUJA/LONDON (Reuters) – Royal Dutch Shell will pay out 55 million pounds ($83.4 million) in compensation for two oil spills in Nigeria in 2008 after agreeing a settlement with the affected community.
Wall Street ends down fifth session; oil prices fall further
NEW YORK (Reuters) – U.S. stocks ended lower for a fifth session on Tuesday as data showed slower growth in the U.S. service sector and oil prices fell further.
Harold Hamm offers $975 million divorce check; ex-wife rejects it
(Reuters) – Harold Hamm, the chief executive of oil driller Continental Resources who is embroiled in a bitter divorce, offered to pay his former wife $974.8 million, but she rejected a hand-written check, lawyers for both sides said on Tuesday.
Boeing plane deliveries hit record; Airbus wins on orders
(Reuters) – Boeing Co said on Tuesday that it delivered 723 jetliners in 2014, hitting its own target, setting an industry record and retaining its title as the world’s biggest plane maker, besting rival Airbus Group .
