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Asian shares rebound as U.S. and Iran stand down, yen retreats

Asian stocks had their best session in weeks on Thursday, as the United States and Iran backed away from the brink of conflict in the Middle East and investors reversed their flight to safety.



5 years ago

Tanker owners face insurance headache as Mideast war risk haunts shipping trade

Even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a price for the war of words that culminated in rocket strikes in Iraq over the last week - higher insurance bills.



5 years ago

ABN Amro names PwC's former Dutch chairman as new CEO

ABN Amro said on Thursday that Robert Swaak, a former chairman of accounting firm PwC in the Netherlands, is to succeed Kees van Dijkhuizen as the Dutch bank's chief executive.



5 years ago

British Airways-owner IAG says Willie Walsh to stand down

Willie Walsh, the chief executive of British Airways-owner IAG , will step down from the airlines group he helped to build later this year and hand the reins to a key lieutenant, Luis Gallego.



5 years ago

Oil steadies a day after Iranian missile strike knocks prices

Oil prices steadied on Thursday a day after tumbling on concerns raised by an Iranian missile strike on Iraqi bases hosting U.S. forces.



5 years ago

Back from the brink, back to the bull run

World markets looked to have overcome their new year wobbles on Thursday, as the United States and Iran backed away from conflict in the Middle East.



5 years ago

Mercedes-Benz posts 2019 sales record on demand for SUVs, limousines

Daimler said it sold 2.34 million Mercedes-Benz passenger cars in 2019, the ninth consecutive year of record sales, putting the German carmaker in pole position for retaining the title of biggest-selling premium car brand.



5 years ago

Walsh to bow out after building British Airways parent IAG

Willie Walsh, head of British Airways parent firm IAG , will step down in June from the airlines group he helped build and hand the reins to Luis Gallego, current CEO of IAG's Iberia.



5 years ago

Exclusive: India reviewing anti-trust complaint against Maruti Suzuki over car insurance - sources

India's antitrust regulator is looking into allegations that Maruti Suzuki , the country's biggest car maker, pushes buyers to purchase insurance policies offered by the company, two sources with direct knowledge of the matter told Reuters.



5 years ago

Lebanese investigators question ex-Nissan boss Ghosn: source

Lebanese investigators questioned Carlos Ghosn on Thursday under the supervision of the prosecutor in Beirut, a judicial source said, after he was summoned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.



5 years ago

Lebanon imposes travel ban on Ghosn after questioning over warrant: judicial source

A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, a judicial source said, after he was questioned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.



5 years ago

EU resumes probe into Boeing-Embraer deal, sets new April 30 deadline

The European Union's antitrust regulators have resumed their investigation into Boeing's deal to buy the commercial arm of Brazil's Embraer , according to a filing posted on the EU's website on Thursday.



5 years ago

Lebanese investigators finish questioning Ghosn, file referred to prosecutor: judicial source

Lebanese investigators finished questioning former Nissan boss Carlos Ghosn on Thursday, a judicial source said, after he was summoned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.



5 years ago

Mercedes-Benz poised to clinch premium sales crown for 2019

Daimler sold 2.34 million Mercedes-Benz passenger cars in 2019 for a ninth consecutive year of record sales, it said on Thursday, putting the German carmaker in pole position to retain the title of biggest-selling premium car brand.



5 years ago

Oil edges higher after previous day's plunge

Oil prices edged higher on Thursday, clawing back some of the sharp losses made in the previous session on the back of easing fears of an escalation in the conflict between the United States and Iran and swelling U.S. crude stocks.



5 years ago