Activist investor calls on Toshiba Machine to put defense plans before shareholders
Japan’s most prominent activist investor on Wednesday demanded Toshiba Machine Co hold an extraordinary shareholders meeting to discuss its plans to introduce defense measures against...
Major 737 MAX buyer Air Lease remains confident in demand for jet
Aircraft lessor Air Lease Corp , which has ordered 150 of Boeing’s grounded 737 MAX, remains confident in the jet’s long-term value, Chief Financial Officer...
Airbus flies to record highs, TUI falls after latest Boeing blow
Airbus’ shares rose to record highs on Wednesday, after its U.S. arch rival Boeing warned of new issues with the Boeing 737 MAX plane, while...
Stocks shake off China virus worries, dollar gains
World stock markets looked to be getting back to full strength on Wednesday, as updates from China about the spread of a new flu-like coronavirus...
Activist investor calls on Toshiba Machine to put defence plans before shareholders
Japan’s most prominent activist investor on Wednesday demanded Toshiba Machine Co hold an extraordinary shareholders meeting to discuss its plans to introduce defence measures against...
Powered by SUVs, Hyundai turns in best quarter in almost three years
Hyundai Motor Co turned in its best quarterly operating profit in almost three years and said it was on track for higher profit margins in...
Daimler 2019 profit down by half, diesel scandal weighs
German luxury car maker Daimler on Wednesday issued its third profit warning for 2019, as costs related to the diesel scandal, heavy investment in electric...
Sainsbury’s CEO Coupe to be replaced by retail boss Roberts
Mike Coupe will step down as CEO of Sainsbury’s at the end of May after six years at the helm, with Britain’s second largest supermarket...
Oil slides as IEA predicts surplus, Libya disruption concerns fade
Oil prices dropped on Wednesday as the International Energy Agency’s (IEA) forecast of a market surplus in the first half of this year was enough...
Ghosn’s right-hand man stands high chance of acquittal in Japan: ex-prosecutor
A lieutenant to Carlos Ghosn who is facing charges in Japan for underreporting his salary at Nissan Motor Co stands a very high chance of...