Volkswagen does not expect the shift in production toward electric cars aimed at averting billions of euros in European pollution fines to hurt its profit margins, Chief Executive Herbert Diess said in a newspaper report on Monday.
Clothing and furnishing retailer Laura Ashley Holdings Plc said on Monday it had named Sagar Mavani as its chief financial officer, replacing Seán Anglim who has been with the company since 1998. Mavani's appointment comes at a time when the company is struggling with poor performance in its home furnishings business and a decline in online sales. The company swung to a full-year pretax loss of almost 10 million pounds ($12.57 million) earlier this year. Anglim, w
A global index of stock markets slipped on Monday as signs of progress in the China-U.S. trade dispute drew mixed a reaction from investors, with some cautioning over a lack of detail in the initial stages of the agreement.
The World Trade Organization (WTO) formally authorized the United States on Monday to impose tariffs on up to $7.5 billion of imports of EU goods after an arbitrator's decision over subsidies to planemaker Airbus .
Freenet still opposes Sunrise's 6.3 billion Swiss franc ($6.32 billion) deal to buy Liberty Global's Swiss business, despite a new offer from the American seller to take part in the acquisition.
Oil prices fell on Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a U.S.-Sino thaw that had helped lift crude markets by 2% at the end of last week.
Liberty Global has offered a 500 million Swiss franc ($501.45 million) sweetener to rescue the sale of its Swiss cable and TV business to Sunrise Communications but a key Sunrise shareholder said it remained opposed to the deal.
U.S. power company Sempra Energy said on Monday it would sell is Chilean businesses to China's State Grid International Development Limited for $2.23 billion in cash.
Superdry put its faith in Julian Dunkerton to get the British fashion group back on track on Monday, confirming him as chief executive until 2021, after the co-founder returned in a boardroom coup earlier this year.
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Here are the biggest calls on Wall Street on Monday
Bank of America upgraded Nike to neutral from underperform and hiked its price target to $98 from $70, catching up to the stock's recent rally.
Downward pressure on China's economy is increasing and the government will make good use of counter-cyclical adjustments to keep economic operations within reasonable range, state television quoted premier Li Keqiang as saying.
A global index of stock markets dipped on Monday as a report that China wants more talks before signing a "Phase One" trade deal with the United States tempered an initial burst of optimism that followed signs of progress last week.
U.S. stock index futures fell back on Monday as hopes of a quick resolution to the U.S.-China trade war were dashed by a report that China wanted more talks before signing a partial deal announced by President Donald Trump on Friday.