Renault names Tavares successors
PARIS (Reuters) – Renault named two internal executives to jointly assume the duties of Chief Operating Officer Carlos Tavares, who stepped down abruptly last month.
Renault names Tavares successors
PARIS (Reuters) – Renault named two internal executives to jointly assume the duties of Chief Operating Officer Carlos Tavares, who stepped down abruptly last month.
Wells Fargo expects to make fewer U.S. home loans this quarter
(Reuters) – Wells Fargo & Co, the largest U.S. mortgage lender, expects to make 30 percent fewer home loans this quarter due to rising interest rates, its financial chief said on Monday.
Hyundai Motor’s South Korean workers agree wage deal, end strike: union
SEOUL (Reuters) – Hyundai Motor Co’s unionized workers in South Korea voted in favor of a wage deal on Monday, a union spokesman said, ending strikes that had hobbled production at the automaker’s biggest manufacturing base.
WTO cuts 2013 world trade forecast to 2.5 percent
GENEVA (Reuters) – World trade is expected to grow by 2.5 percent this year and 4.5 percent in 2014, the World Trade Organisation’s new chief, Roberto Azevedo, said on Monday, revising down previous estimates of 3.3 percent and 5 percent.
Bell teams with Lockheed for U.S. Army helicopter bid
WASHINGTON (Reuters) – Bell Helicopter, a unit of Textron Inc , on Monday said it would team with c to bid for the U.S. Army’s next-generation helicopter – an order worth billions of dollars – using Bell’s V-280 Valor tiltrotor.
JPMorgan to name Linda Bammann, Michael Neal to the board
(Reuters) – JPMorgan Chase & Co said it expects Linda Bammann, former director of Federal Home Loan Mortgage Corp , and Michael Neal, former GE Capital CEO, to join its board of directors.
Suntory to buy GSK’s Lucozade, Ribena drinks for $2.1 billion
LONDON/TOKYO (Reuters) – Japan’s Suntory Beverage & Food Ltd is to buy GlaxoSmithKline Plc’s Lucozade and Ribena brands for 1.35 billion pounds ($2.1 billion) to help it expand into new markets.
Fiat jumps on deal talk as CEO misses Frankfurt show
MILAN (Reuters) – Shares in Italian carmaker Fiat rose over 5 percent on Monday after its top management pulled out of the Frankfurt car show, fuelling speculation it may be close to a deal, possibly to buy out the rest of its U.S. unit Chrysler.
Western Digital to buy flash storage company Virident
(Reuters) – Hard drive maker Western Digital Corp said it would buy Virident Systems Inc, a maker of flash memory for servers, for $685 million in cash.
