Oil falls on lower demand outlook, U.S.-China trade dispute
Oil prices fell on Monday amid worries about an economic slowdown and the U.S.-China trade war, which have led to a cut in the outlook...
Sensor specialist AMS triggers bidding war for Osram
Shares in Osram soared after Austrian sensor maker AMS triggered a bidding war for the German lighting group, saying it was ready to trump Bain...
Iberdrola to sell 40% stake in UK wind project for 1.6 billion pounds
Spanish energy firm Iberdrola has agreed to sell a 40% share in British offshore wind project East Anglia One to the Green Investment Group, it...
ABB’s largest shareholder pleased with new CEO appointment
ABB’s largest shareholder Investor AB is pleased with the appointment of Bjorn Rosengren as the new chief executive of the engineering group, the Swedish investment...
ABB shares jump as new CEO raises turnaround hopes
ABB shares jumped almost 4% in early Monday trading as investors welcomed news the Swiss engineering group had poached Bjorn Rosengren from Swedish mining equipment...
Austria’s AMS aims to wrap up Osram takeover in first half of 2020
Austrian sensor specialist AMS aims to wrap up its planned takeover of German lighting group Osram in the first half next year, its chief executive...
Oil edges down on lower demand outlook, U.S.-China trade dispute
Oil prices edged lower on Monday amid worries about an economic slowdown and the Sino-U.S. trade war, which have led to a cut in the...
Saudi Aramco’s first-half net income falls 12% to $47 billion
Saudi Aramco, the world’s top oil producer, reported first-half net income of $46.9 billion on Monday, down from $53.02 billion a year earlier....
Asian shares inch up on China recovery, yuan fixing
Gains by Chinese equities and the yuan’s stronger-than-expected daily fixing helped lift a broad gauge of Asian shares above water on Monday, but firm gold...
Oil slips as demand outlook, trade dispute weigh
Oil prices dipped on Monday amid worries about an economic slowdown and the Sino-U.S. trade war, which have led to a cut in the growth...