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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

Factbox: A look at British Airways-owner IAG's new first-in-command

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 Luis Gallego.



5 years ago

Lebanon seeks Ghosn file from Japan-Lebanese judicial source

Lebanese judicial authorities have asked Japan for its file on Carlos Ghosn, including the charges against him, and will not question him again until the information is received, a Lebanese judicial source told Reuters on Thursday after Ghosn was questioned.



5 years ago

Oil steadies around levels prevailing before U.S.-Iran attacks

Oil prices steadied on Thursday after the previous session's sharp losses on the back of swelling U.S. crude stocks and easing fears of an escalation in conflict between the United States and Iran.



5 years ago

Democratic lawmaker rebukes Wells Fargo rebate request

Democratic Representative Katie Porter, a first-term lawmaker known as a tough Wall Street critic, accused Wells Fargo & Co of passing on costs associated with its wide-ranging scandals to third parties, in a scathing letter sent to the bank's new chief executive on Thursday.



5 years ago

First Abu Dhabi Bank to auction Al Jaber's Dubai Shangri-La hotel: sources

First Abu Dhabi Bank (FAB) has started an auction process for a Dubai hotel operated by Shangri-La and owned by indebted construction group Al Jaber with a starting price of 700 million dirhams ($190.59 million), two sources said.



5 years ago

Apple's iPhone sales in China up 18% in December: government data

Sales of Apple Inc's iPhone in China in December jumped more than 18% year on year, government data showed on Thursday.



5 years ago

Lebanon imposes travel ban on ex-Nissan boss Ghosn: judicial source

A Lebanese prosecutor imposed a travel ban on 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