VW CEO offices searched in Audi investigation VW CEO offices searched in Audi investigation:- Munich prosecutors searched the offices of Volkswagen (VOWG_p.DE) Chief Executive Matthias Mueller as part of an investigation into diesel emission test cheating at Audi, German weekly Bild am Sonntag said. Some 100 officials searched Audi's headquarters […]
Unilever prepares 6 billion pound sale of food brands Unilever (ULVR.L) (UNc.AS) is preparing a 6 billion pound ($7.44 billion) sale of some of its food brands, British newspapers reported on Saturday. The Anglo-Dutch company is planning to sell Flora margarine and Stork butter brands, the Sunday Times said. The […]
Oil prices drop on rise in U.S. drilling Oil prices drop on rise in U.S. drilling:- Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets. Prices for benchmark Brent crude futures were 29 cents, or 0.56 […]
IBM launches enterprise-ready blockchain service IBM launches enterprise-ready blockchain service:- International Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from the Hyperledger Project, the cross-industry group led by the Linux Foundation. The U.S. technology company said on Monday […]
MoneyGram offers to give Euronet confidential info to firm up bid MoneyGram offers to give Euronet confidential info to firm up bid:- U.S. electronic payments company MoneyGram International Inc (MGI.O) has offered to share confidential information with peer Euronet Worldwide Inc (EEFT.O), after the latter made a $1 billion acquisition […]
G20 ministers give Mnuchin space to define Trump trade agenda G20 ministers give Mnuchin space to define Trump trade agenda:- Wary of their first official encounter with U.S. President Donald Trump's blustery trade agenda, the world's top finance officials were relieved to find new Treasury Secretary Steven Mnuchin polite and […]
Albertsons held preliminary merger talks with Sprouts Albertsons held preliminary merger talks with Sprouts:- Grocery business Albertsons Cos held preliminary talks to merge with Sprouts Farmers Market Inc (SFM.O), Bloomberg reported on Sunday, citing people familiar with the situation. Bloomberg said the early stage discussions took place in recent weeks […]
Uber president Jeff Jones quits, deepening turmoil Uber president Jeff Jones quits, deepening turmoil:- Ride services company Uber Technologies Inc has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing expert hired to help soften its often abrasive image. Jones quit less than seven […]
Asia stocks mixed, dollar slips as Fed continues to weigh Asia stocks mixed, dollar slips as Fed continues to weigh:- Asian stocks were mixed on Monday in thin trade, following Wall Street's declines and the G20's decision to drop a pledge to avoid trade protectionism, while the Federal Reserve's less […]
Kim Kardashian describes fear of being raped or murdered during Paris robbery on Keeping Up with the Kardashians Kim Kardashian describes fear of being raped or murdered during Paris robbery on Keeping Up with the Kardashians:- Almost six months after Kim Kardashian’s harrowing robbery in Paris, the reality star finally […]
