Toyota speeds up electrified vehicle schedule as demand heats up
Toyota Motor Corp aims to have half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and said it will...
Drugmaker Sanofi appoints Novartis’ Hudson as CEO
Sanofi has appointed Novartis executive Paul Hudson to replace CEO Olivier Brandicourt who will retire in September, France’s biggest drugmaker said on Friday....
France did not come out well in FCA-Renault deal: Italy’s Di Maio
Italy’s Industry Minister Luigi Di Maio blamed the French state for derailing merger talks between Fiat Chrysler and rival Renault saying Paris had come out...
Asia shares up on policy easing hopes, yuan slips on PBOC signals
Asian shares were slightly higher on Friday on expectations global central banks will soon embark on an easing cycle in the face of international trade...
UBS, Sumitomo Mitsui Trust to establish joint venture for wealth management
Swiss lender UBS will sign a deal with Japan’s Sumitomo Mitsui Trust for a wealth management tie-up in Japan, with the two aiming to establish...
Wall Street rises with hopes of Mexican tariffs delay
Wall Street’s main indexes closed higher after a choppy session on Thursday as investors grew more optimistic on trade after reports that the United States...
Beyond Meat sees sales more than doubling in 2019, shares jump 21%
Beyond Meat Inc said it expects to more than double its revenue this year, sending the plant-based burger maker’s shares up over 21 percent....
Investors piled into U.S. Treasuries, money-market funds amid trade tensions: Lipper
Investors’ aversion to risk-taking intensified in the latest week, stemming from trade tensions between the United States and China as well as Mexico, with U.S.-based...
Prosecutors suspect 70 Deutsche Bank managers in dividend tax probe: paper
German prosecutors have extended an investigation into a tax-stripping scheme, with around 70 current and former executives of Deutsche Bank now being treated as suspects,...
Wall Street muted as rate cut bets temper trade tensions
Wall Street’s main indexes edged higher in choppy trading on Thursday, as expectations of a supportive central bank kept in check worries of a flare...