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...
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...
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...
Asian shares falter as U.S.-China trade war, recession worries weigh
Asian shares fell on Monday morning, while gold prices held firm as investors worried a prolonged Sino-U.S. trade war could tip the world and U.S....
Oil prices fall on worries over demand growth outlook
Oil prices fell on Monday, dragged down by an economic slowdown and worries about the Sino-U.S. trade war, which have led to a cut in...
Sensor specialist AMS triggers bidding war for Germany’s Osram
Austrian sensor specialist AMS triggered a bidding war for Osram on Sunday, saying it was ready to pay $3.8 billion for the German lighting group’s...