Aston martin confirms Mercedes boss Moers will replace CEO Palmer
Aston Martin confirmed on Tuesday that Tobias Moers, CEO of Mercedes-AMG, would become chief executive on August 1, replacing Andy Palmer who stepped down on...
EasyJet says finance chief Findlay to leave in 2021
British low cost airline easyJet said chief financial officer Andrew Findlay will leave the company in May 2021, and it had started the search for...
Korean prosecutors question Samsung heir in succession-related probe
Samsung Group heir Jay Y. Lee was questioned on Tuesday by prosecutors about a controversial 2015 merger and alleged accounting fraud that they said may...
Japan shares scale 10-week peak, S&P 500 breaks 3,000 barrier
Asian shares forged ahead on Tuesday while U.S. stock futures breached a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus...
‘This could be the one that gets me,’ says oilfield service veteran
Tim Harris was preparing to relocate for an assignment with energy services firm Halliburton Co for the fifth time in 15 years when his career...
Chile’s LATAM Airlines files for U.S. Chapter 11 bankruptcy protection
LATAM Airlines Group SA said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and the United States have filed for Chapter...
Oil prices rise on supply cut hopes, easing of coronavirus lockdowns
Oil prices climbed on Tuesday, boosted by increasing faith in the market that producers will to stick to commitments to cut crude supply while demand...
Daimler to invest in Chinese EV battery maker Farasis’ $480 million IPO: sources
Daimler AG plans to invest in Farasis Energy’s planned $480 million IPO, aiming to ensure a stable supply of batteries from the Chinese firm as...
Exclusive: Cathay Pacific’s brand merger hits roadblock from China’s aviation regulator – sources
China’s aviation regulator may make it difficult for Hong Kong’s Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because...
Walmart’s Mexico unit pays scaled-down tax of $358 million after government talks
Walmart de Mexico paid $358 million in taxes after talks with the Mexican government over an even larger sum authorities had aimed to charge the...