Daimler cuts 2019 profit outlook on diesel issues
Daimler has cut its earnings outlook for this year after lifting provisions for issues related to its diesel vehicles by “a high three-digit million euro...
FedEx misses delivery of Huawei package to U.S.; China paper says retaliation threatened
FedEx Corp said on Sunday an operational error prevented a Huawei Technologies package from being delivered to the United States, just weeks after the U.S....
Daimler cuts profit expectations on diesel issues
Daimler has cut its earnings outlook for this year after lifting provisions for issues related to diesel vehicles by “a high three-digit million euro amount”,...
Daimler trims profit expectations on diesel issues
Daimler has increased provisions for issues related to diesel vehicles, the company said on Sunday, dimming the prospects for the carmaker’s second-quarter earnings....
Germany’s Metro says $6.6 billion bid undervalues company
Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders on Sunday to...
FedEx, in another error, misses delivery of Huawei package to U.S.
FedEx Corp said on Sunday an operational error prevented a Huawei Technologies package from being delivered to the United States, just weeks after the U.S....
Illiquid assets held by Woodford’s UK fund pose hurdle to reopening
Trading in Neil Woodford’s 3.7 billion pound ($4.69 billion) Equity Income Fund may not be reopened swiftly after it was suspended on June 3 because...
FedEx apologizes for not delivering Huawei phone to U.S., cites operational error: report
FedEx Corp said an “operational error” caused a Huawei Technologies Co Ltd phone to not be delivered to the United States and the package delivery...
Hudson’s Bay’s chairman’s buyout bid pits retail versus real estate
The success of Hudson’s Bay Co Executive Chairman Richard Baker’s $1.3 billion bid to take the department store operator private hinges on whether an independent...
Daimler to recall 60,000 Mercedes diesels in Germany over emissions
Daimler must recall 60,000 Mercedes diesel cars in Germany after regulators found that they were fitted with software aimed at distorting emissions tests, the Transportation...