Ford said on Monday it had started negotiations with German worker representatives about potential job cuts at its Saarlouis plant following a decision to discontinue production of its Ford C-Max model.
Verizon Communications Inc said on Monday that about 10,400 employees will be leaving the U.S. wireless carrier by mid next year as part of the company’s voluntary separation program.
Wall Street dropped on Monday, led by Apple Inc, financials and healthcare stocks, falling further after its biggest slide since March last week on worries over global growth, the China-U.S. trade war and uncertainty over the Brexit deal.
GoPro Inc on Monday took the first steps to move most of its U.S.-bound camera production out of China by the summer of 2019 to counter the potential impact from any new tariffs.
Chip supplier Qualcomm Inc on Monday said it had won a preliminary order from a Chinese court banning the importation and sale of several Apple Inc iPhone models in china due to patent violations.
Ousted Nissan Chairman Carlos Ghosn sought to retrieve “personal belongings, documents, cash, objects and art pieces” from a Rio de Janeiro apartment that may contain evidence of his alleged financial misconduct, according to a Brazil court filing by Nissan last week.
Ferrero SpA is interested in buying Campbell Soup Co’s international business, which includes biscuit brand Arnott’s, two sources close to the matter said on Monday.
U.S. equity futures fell in a volatile session on Monday, with a drop in Apple Inc’s shares curbing the market’s attempts to stage a bounce back from its worst week since March on worries over global growth and the China-U.S. trade war.
GoPro Inc on Monday said it plans to move most of its U.S.-bound camera production out of China by the summer of 2019 to counter the potential impact from any new tariffs.
Losses on global stocks snowballed on Monday, with Wall Street set to follow Europe and Asia lower as fresh signs emerged that the U.S.-China trade spat was taking a deeper toll on world economic growth.
Qualcomm Inc on Monday said it had won a preliminary order from a Chinese court banning the importation and sale of several Apple Inc iPhone models in China that the court found violated two of Qualcomm patents.
U.S. equity futures moved modestly higher on Monday, bouncing off six-week lows from earlier, as the market tries to stage a comeback from its worst week since March on worries over global growth and the China-U.S. trade war.
Nutella maker Ferrero is interested in buying Campbell Soup’s international business, which includes biscuit brand Arnott’s, two sources close to the matter said on Monday.
U.S. equity futures fell about 0.4 percent to six-week lows on Monday, as a global selloff continued on signs of cooling growth and worries that escalating tensions between the United States and China could scuttle their fragile trade truce.
Tokyo prosecutors indicted ousted Nissan Motor chairman Carlos Ghosn for under-reporting his income and also officially charged the automaker, making the firm culpable for the financial misconduct scandal that has shocked the industry.
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