Lion Air targets up to $1 billion IPO in early 2020: sources
Indonesia’s Lion Air has accelerated preparations for a stock market listing in the first quarter of next year with an initial public offering (IPO) that...
German carmaker Audi to ramp up engine output in Hungary in 2020: minister
German premium carmaker Audi will ramp up engine output to 2.25 million units next year at its Hungarian factory, up from 1.95 million produced in...
Asia trade pact doesn’t reflect India’s interests, decided not to join: PM Modi
India’s Prime Minister Narendra Modi said on Monday that he could not compromise the interests of farmers and workers at home by joining a China-led...
Germany to hike electric car subsidies as VW launches car
Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document...
Oil prices creep higher on U.S.-China hopes and OPEC talks
Oil prices crept upwards on Monday, with Brent reaching its highest in more than a month after the previous day’s boost from growing expectations of...
McDonald’s CEO surprise exit throws long-term vision into doubt: analysts
The surprise exit of McDonald’s Corp chief executive officer, Steve Easterbrook, over the weekend has Wall Street wondering whether the burger chain’s multi-billion dollar strategy...
Takeaway.com tweaks Just Eat offer in move to thwart rival Prosus
Takeaway.com has changed its line of attack in the battle to buy food delivery ordering service Just Eat , effectively lowering the threshold for approval...
U.S. Supreme Court rejects Charter appeal of Sprint patent verdict
Charter Communications Inc unit Time Warner Cable must pay $140 million in damages for infringing five Sprint Corp telecommunications patents after the U.S. Supreme Court...
BA parent IAG ups bet on Latin America with Air Europa takeover
IAG , the parent of British Airways and Spain’s Iberia, announced a 1 billion euro ($1.12 billion) takeover of Spain’s Air Europa to boost its...
Ferrari forecast turbo-charged by Portofino, Superfast sales
Strong sales of Ferrari’s Portofino and 812 Superfast models helped the Italian luxury carmaker raise its 2019 forecasts on Monday, powering its shares to a...