GE CEO warns against U.S. protectionism, wants level playing field General Electric Co Chief Executive Jeff Immelt warned the Trump administration on Thursday to avoid protectionist policies while calling on it to level the playing field for American companies with tax reform, revived export financing and improved trade agreements. In […]
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ChemChina clinches landmark $43 billion takeover of Syngenta ChemChina [CNCC.UL] has won more than enough support from Syngenta shareholders to clinch its $43 billion takeover of the Swiss pesticides and seeds group, the two companies said on Friday. The deal, announced in February 2016, was prompted by China's desire to […]
Delta apologizes for forcing family off flight Delta Air Lines apologized on Thursday after a couple said they were kicked off an overbooked flight with their two toddlers so their seats could be given to waiting passengers, the latest U.S. airline to apologize over incidents on board their flights. Delta […]
Warren Buffett says he sold a third of stake in IBM CNBC Warren Buffett said he has sold about one-third of Berkshire Hathaway Inc's (BRKa.N) big stake in IBM Corp (IBM.N), CNBC reported on Thursday, reducing a bet by the famed investor that surprised many and which so far has […]
Goldman Blankfein says London could stall due to Brexit BBC London's progress as a financial center could stall because of the upheaval Brexit will bring to the industry, Goldman Sachs (GS.N) Chief Executive Officer Lloyd Blankfein was quoted as saying by the BBC. When asked whether London's long-term expansion over […]
Tesla plugs older Model S as new buyers turn to Model 3 Electric-car maker Tesla Inc (TSLA.O) on Wednesday reported first-quarter revenue that more than doubled, and while saying the upcoming Model 3 was on schedule for July, it downplayed the mass-market vehicle to give a sales pitch for its […]
WhatsApp back online after global outage of 'a few hours' WhatsApp, a popular messaging service owned by Facebook Inc, suffered a widespread global outage on Wednesday that lasted for several hours before being resolved, the company said. "Earlier today, WhatsApp users in all parts of the world were unable to […]
Kings and dragons drive Apple in China, even as iPhone sales stall Apple Inc has a new China growth driver: animated dragons and warring royals. As sales of its iPhones slip in a fiercely competitive market, the U.S. company is seeing stronger growth in its services business – from lucrative […]
Apple to create $1 billion U.S. advanced manufacturing fund Apple Inc (AAPL.O) plans to create a $1 billion fund to invest in U.S. companies that perform manufacturing, Chief Executive Officer Tim Cook said on Wednesday, the iPhone maker's latest effort to show how it is creating U.S. jobs. The Cupertino, […]
Peugeot gears up with nuTonomy for self-driving car test French carmaker Peugeot is partnering with Boston, Massachusetts-based tech firm nuTonomy to test self-driving cars in Singapore. NuTonomy's software, sensors and computing platforms will be installed in Peugeot 3008 models as part of plans to develop the technology needed for large […]
