Advent-led consortium to spend ‘billions’ on expanding Thyssenkrupp Elevator
The consortium that won the bid to acquire Thyssenkrupp’s elevators division wants to spend billions of euros on expanding the business, a manager at one...
Citgo, Aruba reach deal to transfer control of refinery to island government
U.S. refiner Citgo has reached an agreement with Aruba to transfer control of the San Nicolas refinery to the island’s government, Citgo said late on...
Saudi Aramco shares hit lowest since IPO, down over 2%
Shares of Saudi Aramco hit 32.50 riyals ($8.66) in intraday trade on Sunday, the lowest since it began trading in December following a record initial...
American Airlines suspending flights to Milan after U.S. travel warning
American Airlines Inc will suspend all U.S. flights to Milan, the airline said late on Saturday, just hours after the U.S. State Department said it...
Venezuela revamps PDVSA leadership after Maduro launches restructuring
Venezuela has named new vice presidents for four units of state oil company PDVSA, as well as a new president for the unit that handles...
Toyota plans new $1.2 billion EV plant in Tianjin with FAW: document
Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group, a document...
Elliott targets Twitter, seeking CEO Dorsey’s removal: sources
Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc and is pushing for changes, including removal of the social media company’s chief...
Harley-Davidson looks for new leadership to end its sales struggle
Harley-Davidson Inc on Friday named a board member hailed for turning around the Puma brand’s near-bankrupt business as its interim chief as the motorcycle maker...
Harley-Davidson CEO exits as iconic bike brand struggles
Harley-Davidson Inc Chief Executive Officer Matthew Levatich stepped down on Friday after failing to boost U.S. sales of its iconic motorcycles....
United Airlines sharply cuts flights to Asia, cancels investor day
United Airlines Holdings Inc said on Friday it was sharply cutting flights to Japan and South Korea, as travelers worried about the coronavirus outbreak slash...