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Renault-Nissan unsure whether will publish cost-saving figures: sources

Renault-Nissan has not decided whether to publish figures on cost savings and other synergies achieved by the alliance over the last year, as has been its custom, two sources close to Renault said, amid growing tension in the partnership.



4 years ago

'Safe like China': In Argentina, ZTE finds eager buyer for surveillance tech

In Argentina's remote northern province of Jujuy, Chinese telecoms giant ZTE is installing a little slice of the Asian nation's vast surveillance state - security cameras that the local government says will help to curb street crime.



4 years ago

Futures slightly lower before jobs data

U.S. stock futures edged lower, on Friday, as investors awaited the monthly jobs data, which could offer clues on the Federal Reserve's move on interest rates.



4 years ago

Zipse to succeed Krueger as BMW boss: FAZ

BMW's production chief Oliver Zipse is to become the next chief executive of the German carmaker after Harald Krueger's announcement that he was stepping down, the Frankfurter Allgemeine newspaper reported on Friday, citing people within the company as its source.



4 years ago

First companies will debut on Shanghai's STAR Market on July 22

The first batch of companies will start trading on the STAR Market on July 22, the Shanghai Stock Exchange said on Friday.



4 years ago

This year's red hot IPO market has seen more women CEOs than usual take companies public

The boom in initial public offerings this year has also been a boon for women chief executive officers.

4 years ago

GM, Ford quarterly China sales slide again amid economy woes

General Motors Co and Ford Motor Co announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the U.S. automakers were hit by a slowing economy amid the Sino-U.S. trade war.



4 years ago

Deutsche Bank plans separate 'corporate bank' unit as part of overhaul: sources

Deutsche Bank is planning to create a separate "corporate bank" unit that will seek to streamline services currently spread throughout the bank, two people familiar with the matter said on Friday.



4 years ago

Wells Fargo fined in Ireland over reporting breaches

Wells Fargo & Co's Irish subsidiary was fined 5.9 million euros on Friday for a prolonged series of regulatory reporting breaches, the second largest fine ever handed down by Ireland's Central Bank.



4 years ago

Brent inches up on Iran tensions, OPEC; U.S. oil falls on weak data

Brent oil ticked higher on Friday, supported by tensions over Iran and this week's decision by OPEC and its allies to extend a supply cut deal until next year, while U.S. benchmark crude prices fell on weak economic indicators.



4 years ago

Futures add to losses after June jobs report

U.S. stock index futures added to losses slightly on Friday after data showed a stronger-than-expected job growth in June, but moderate wage gains could still encourage the Federal Reserve to cut interest rates this month.



4 years ago

BMW's Zipse poised to succeed Krueger as CEO: sources

BMW's Oliver Zipse, currently board member for production, is the frontrunner to become chief executive (CEO) of the German carmaker, sources told Reuters, after Harald Krueger said he would not be available for another term as CEO.



4 years ago

Even as Goldman Sachs and Ally Bank cut deposit rates, high-yield savings accounts still pay

As the probability of a rate cut increases, banks will start to lower deposit rates offered to consumers. Goldman Sachs and Ally Financial have already done so.

4 years ago

Deutsche Bank's investment bank chief Ritchie agrees to step down

Deutsche Bank's investment banking chief Garth Ritchie is stepping down, the bank said on Friday.



4 years ago

U.S. job growth surges, but wage growth remains tepid

U.S. job growth rebounded strongly in June, but moderate wage gains and mounting evidence that the economy was slowing sharply could still encourage the Federal Reserve to cut interest rates this month.



4 years ago