Daimler CEO says meeting 2021 emissions targets will be significant challenge
Cutting average emissions from the Mercedes-Benz passenger car fleet to meet the European Union’s 2021 target is going to be a significant challenge, Daimler Chief...
Waning ECB stimulus bets push bond yields higher
Global bond yields rose on Monday, amid growing caution over the extent to which the European Central Bank will add stimulus to boost an ailing...
Car makers near CO2 cliff-edge in electrification race
Time is running out for European car makers, which have waited until the last minute to try to meet ambitious EU emissions targets and face...
SoftBank urges WeWork to shelve IPO over valuation concerns: FT
SoftBank Group , a top shareholder in the holding company of U.S. office-sharing startup WeWork, is urging it to shelve a planned IPO on concerns...
Huawei drops lawsuit against U.S. over seized equipment: court filing
China’s Huawei Technologies Co Ltd has dropped a lawsuit against the U.S. government after Washington released telecommunications equipment it had seized on suspicion of violations...
Bond prices dip on German spending plan as stocks await ECB
Bond prices edged lower on Tuesday after German bund yields hit a one-month high following a report by Reuters that Germany is considering a “shadow...
Carmakers near CO2 cliff-edge in electrification race
Time is running out for European carmakers, which have waited until the last minute to try to meet ambitious EU emissions targets and face billions...
Exclusive: Repsol in advanced talks to buy Exxon assets in Gulf of Mexico – sources
Spanish oil giant Repsol SA is in advanced talks to acquire some deepwater assets in the U.S. Gulf of Mexico from Exxon Mobil Corp for...
Bank of America’s push to turn around investment bank is bearing fruit
Bank of America Corp said on Monday its deal-making unit is gaining momentum with midsized companies as it focuses on the sector to regain market...
Telefonica plans to offer voluntary redundancy to up to 20% of Spain staff: source
Telefonica plans to offer voluntary redundancy to up to a fifth of its workforce in Spain, a person with knowledge of the matter said on...