PSA names two former Renault, Nissan hires to head its DS, Citroen brands
French carmaker PSA on Wednesday appointed two executives it recently recruited from the Renault-Nissan-Mitsubishi alliance to head up its DS and Citroen brands, and named...
Under fire in India, Amazon offers small business owners $1 billion olive branch
Amazon.com Inc CEO Jeff Bezos said his company will invest $1 billion to bring small businesses online in India, reaching out to some of his...
Maersk chief warns EU antitrust policy benefits China, U.S.
Strict EU enforcement of competition rules prevents the development of the global champions necessary to compete with Chinese and U.S. companies, the head of shipping...
Polish watchdog fines Volkswagen over ‘dieselgate’ scandal
Poland’s consumer watchdog UOKiK said on Wednesday it was fining Volkswagen more than 120 million zlotys ($31.6 million) for misleading customers about the emissions of...
Maersk chief warns EU antitrust policy benefits China, U.S.: Finans
Strict enforcement of competition rules in the European Union prevents the development of the global champions necessary to compete with Chinese and U.S. companies, the...
ValueAct’s Ubben cheers BlackRock’s new stance on climate change
Investor Jeffrey Ubben, already betting there is money to be made from coaxing corporations into being better citizens, gained an ally on Tuesday when BlackRock...
Honda, Isuzu power up fuel cell partnership for heavy-duty trucks
Japan’s Honda Motor Co and Isuzu Motors Ltd on Wednesday said they would jointly research the use of hydrogen fuel cells to power heavy-duty trucks,...
Stocks tick lower ahead of U.S.-China ‘Phase 1’ trade deal signing
Stocks slipped in Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from...
U.S., China set to sign massive purchases deal, easing trade war
The U.S.-China trade war is set to enter a new, quieter phase on Wednesday as U.S. President Donald Trump and Chinese Vice Premier sign an...
Malaysia Airlines suspends taking delivery of Boeing 737 MAX jets due to grounding
Malaysia Airlines said on Wednesday it has suspended taking delivery of 25 Boeing Co 737 MAX jets, citing the plane’s delayed return to service since...