Renault shares slump as profit warning deepens carmaker’s problems
A profit warning sent Renault’s shares as much as 15% lower on Friday, capping a turbulent year for the French carmaker since the arrest of...
Exclusive: Lampert helps bankroll Sears as woes persist after bankruptcy – sources
U.S. retailer Sears has borrowed about $150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than a year...
Oil ticks up as rising crude stocks are offset by products demand
Oil prices rose slightly on Friday as concern over an economic slowdown in China, the world’s biggest oil consumer, was countered by bullish signals from...
Nissan on recovery path, incoming CEO Uchida tells employees
Nissan Motor Co’s incoming chief executive Makoto Uchida told employees in a video message on its internal website on Friday that his mission is to...
Shares slip on weak China growth, dollar suffers weekly mauling
World stocks slipped after China posted its weakest growth rate in nearly three decades on Friday, while the dollar was set for its worst week...
Blackstone’s financing for Merlin deal unsettles bond market
(This October 17 story refiles to change Thursday to Wednesday in fifth paragraph)...
AB Volvo warns of demand slump as truck orders plunge
Swedish truckmaker AB Volvo reported a sharp decline in third-quarter orders and forecast a demand slump on both sides of the North Atlantic next year,...
Holiday Inn-owner IHG hit by weak China, Hong Kong bookings
Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and Hong Kong protests for a 0.8% fall in third-quarter revenue per room on...
Snakes and ladders: SoftBank Vision Fund’s climbing, sliding valuations
The $100 billion Vision Fund of Japan’s SoftBank Group Corp has in just over two years burned through much of its capital investing in money-losing,...
Renault shares plunge as profit warning deepens its problems
A hefty profit warning sent Renault shares tumbling as much as 15% on Friday, capping a miserable year for the French carmaker following the arrest...