Ford says it will reduce costs to boost China business
(Reuters) – Ford said on Monday it was working to reduce costs in China as it strives to recover from…
India stocks higher at close of trade; Nifty 50 up 0.46%
India stocks were higher after the close on Monday, as gains in the Real Estate, Fast Moving Consumer Goods and Public Sector Undertakings sectors led…
Amazon optimizes delivery network for speedier delivery, lower costs
(Reuters) – Amazon.com Inc said it has optimized its delivery network coming out of the COVID-19 pandemic, allowing it to…
Colombia’s Avianca backs down from Viva Air merger
(Reuters) – Colombia’s flagship airline Avianca is backing down from a merger with Viva Air, blaming conditions set by the…
Vice Media files for Chapter 11 bankruptcy to facilitate sale
(Reuters) – Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to…
Asian shares inch up as investors brace for China data, Fed speakers
(Reuters) – Asian stocks were cautiously higher on Monday as investors braced for the release of China’s industrial and retail…
BAT names finance director Marroco as CEO as Bowles bows out
(Reuters) – British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping…
Novartis names Sandoz board members ahead of spin-off
(Reuters) – Novartis on Monday named the intended new board members of Sandoz, the generics business it plans to spin…
Elon Musk to meet Macron, other leaders at France conference
(Reuters) – Billionaire entrepreneur Elon Musk will meet French President Emmanuel Macron and other political leaders on Monday at a…
Silicon Valley automotive ethernet chip startup Ethernovia raises $64 million
(Reuters) – Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in a…