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Fiat Chrysler picks Jeep boss as CEO as Marchionne's health worsens
Sat, 21 Jul 2018 13:21:50 -0400
Sergio Marchionne was replaced as chief executive of Fiat Chrysler (FCA) on Saturday by the head of the firm's Jeep…
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Fiat says Marchionne's health worsens, names Jeep boss as CEO
Sat, 21 Jul 2018 13:21:50 -0400
The health of Sergio Marchionne, long-time boss of carmaker Fiat Chrysler (FCA) , worsened on Saturday and he has been…
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Ferrari picks Louis Camilleri as CEO, Elkann as chairman
Sat, 21 Jul 2018 13:20:29 -0400
Luxury sports carmaker Ferrari said on Saturday it had appointed board member Louis Camilleri as its new chief executive, replacing…
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Marchionne exits Fiat Chrysler, Ferrari amid health crisis: sources
Sat, 21 Jul 2018 12:09:35 -0400
Fiat Chrysler chief Sergio Marchionne is to be replaced permanently at the helm of the global carmaker as well as…
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Fiat Chrysler to name Jeep's Manley to replace Marchionne as CEO: source
Sat, 21 Jul 2018 12:09:18 -0400
Fiat Chrysler (FCA) has named Mike Manley, the head of the carmaker's profit engine Jeep, as its new chief executive,…
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U.S. tariffs to cost Germans up to 20 billion euros this year: report
Sat, 21 Jul 2018 07:59:58 -0400
U.S. President Donald Trump's tariffs will lead to a drop in prosperity in Germany this year and are likely to…
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Amazon, Toyota, Alcoa and others working to counter Trump's tariff plans
Sat, 21 Jul 2018 03:44:18 -0400
Big companies in the United States from Amazon.com Inc to Toyota Motor Corp and Alcoa Corp are working to counter…
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Japan Inc to chase casino stakes as key law passes: industry insiders
Sat, 21 Jul 2018 00:54:15 -0400
Japanese firms are likely to pursue stakes in the country's first casino resorts, after parliament on Friday enacted a law…
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Over sorghum salad, U.S. farmers and Chinese buyers chew on trade
Fri, 20 Jul 2018 20:35:02 -0400
Chinese importers of the livestock feed sorghum feasted on tabbouleh salad and chipotle tortillas made with the U.S. grain at…
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U.S. lawmakers cut anti-ZTE measure from defense bill
Fri, 20 Jul 2018 19:17:03 -0400
U.S. lawmakers cut measures from a defense bill that would have reinstated sanctions on China's ZTE Corp, abandoning an attempt…
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Wall Street slips as trade worries dampen upbeat earnings
Fri, 20 Jul 2018 19:03:37 -0400
U.S. stocks ended slightly lower on Friday as escalating trade anxieties driven by U.S. President Donald Trump's latest tariff threats…
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U.S. dollar drops, yields rise after Trump comments on Fed policy and tariffs
Fri, 20 Jul 2018 16:42:14 -0400
The U.S. dollar weakened, long term Treasury yields rose and stocks closed mostly lower on Friday after President Donald Trump…
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Trump threatens tariffs on all $500 billion of Chinese imports
Fri, 20 Jul 2018 16:19:31 -0400
U.S. President Donald Trump on Friday said he was ready to impose tariffs on all $500 billion of imported goods…
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Microsoft shares at all-time high after bumper results
Fri, 20 Jul 2018 16:17:31 -0400
Microsoft Corp shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed…
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GlaxoSmithKline considers splitting up the group: FT
Fri, 20 Jul 2018 15:48:22 -0400
GlaxoSmithKline Plc is considering a break-up of the group after investors pressed the company's board to spin off its consumer…
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Wall Street braces for tariff fallout as S&P 500 companies report
Fri, 20 Jul 2018 15:21:39 -0400
Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major…
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U.S., European allies map out larger role for F-35 fighter
Fri, 20 Jul 2018 14:34:05 -0400
Lockheed Martin's F-35 fighter jet is arriving in growing numbers in Europe, and is poised to play a much broader…
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Honeywell eyes supplier shift to avoid tariff hit
Fri, 20 Jul 2018 13:11:59 -0400
U.S. industrial conglomerate Honeywell International Inc said on Friday it had started sourcing some of its components from countries other…
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Luxembourg police deploy Tesla cars to help nab criminals
Fri, 20 Jul 2018 12:38:42 -0400
Police in Luxembourg have added two Tesla electric cars to their fleet, hoping that their rapid acceleration capacity will help…
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U.S. carmakers expected to warn of tariff pain when releasing results
Fri, 20 Jul 2018 12:34:33 -0400
When Detroit's automakers report earnings on Wednesday, they are likely to highlight escalating tariffs and use the opportunity to warn…