Kellogg to take $35 million pretax restructuring charge
Kellogg Co said on Tuesday it would take a pretax charge of about $35 million for restructuring its North American business following the sale of...
Hudson’s Bay chairman’s bid unlikely to get full support: Investor Land & Buildings
Activist investor Land & Buildings Investment Management LLC said on Tuesday a C$1.74 billion go-private offer for Hudson’s Bay Co from chairman and other shareholders...
Trump blasts comments by ECB’s Draghi, cites unfair competition
U.S. President Donald Trump criticized European Central Bank President Mario Draghi’s comments earlier on Tuesday that further monetary policy changes may be needed by the...
Draghi’s stimulus hints put ECB in Trump’s crosshairs
The European Central Bank will ease policy again if inflation fails to accelerate, ECB President Mario Draghi said on Tuesday, signaling one of the biggest...
For Fed’s Powell, a gap with markets and Trump may need explaining
Bond investors expect an aggressive set of U.S. interest rate cuts this year, and a voluble president pines for the “old days” when his predecessors...
Airbus and Boeing aircraft deals at Paris Airshow
Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow....
Boeing and Airbus bag $15 billion of deals in Paris Airshow battle
Airbus and Boeing bagged a combined $15 billion of plane deals on day two of the Paris Airshow, as their sales teams scrapped for orders...
Investor Land & Buildings calls Hudson’s Bay chairman’s offer ‘inadequate’
Activist investor Land & Buildings Investment Management LLC said on Tuesday that a C$1.74 billion ($1.30 billion) go-private proposal for Hudson’s Bay Co from the...
‘Super Mario’ shock: euro slides, yields hit new lows
The euro took a beating and German bond yields hit a fresh record low on Tuesday in reaction to European Central Bank President Mario Draghi’s...
AirAsia to convert 253 orders for Airbus A320neo planes to larger A321neo type
AirAsia Group has decided to convert 253 orders for Airbus’ A320neo planes to the larger A321neo model, Airbus said on Tuesday....