Business

MAUBEUGE, France/PARIS (Reuters) – France’s Renault (RENA.PA) said it will build new Nissan and Mitsubishi vans at its domestic plants, raising investment in the country as it explores closer integration of the three-way carmaking alliance with government backing. An employee works on the production and quality control line of the Renault Kangoo car at the
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FILE PHOTO: A Tesla charging station is seen in Salt Lake City, Utah, U.S., September 28, 2017. REUTERS/Lucy Nicholson/File Photo (Reuters) – Electric carmaker Tesla Inc (TSLA.O) said Robyn Denholm, currently CFO at Australian telecoms operator Telstra Corp Ltd (TLS.AX), will replace Elon Musk as its chair. Denholm will leave her role as CFO and
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TOKYO (Reuters) – Toshiba Corp (6502.T) is liquidating its British nuclear power unit and selling its U.S. liquefied natural gas (LNG) business, as the once-mighty industrial conglomerate seeks to unload troubled assets and regain investors’ confidence. FILE PHOTO: The logo of Toshiba Corp is seen behind cherry blossoms at the company’s headquarters in Tokyo, Japan
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FILE PHOTO: The logo of Toshiba Corp is seen behind cherry blossoms at the company’s headquarters in Tokyo, Japan April 11, 2017. REUTERS/Toru Hanai TOKYO (Reuters) – Toshiba Corp said it is cutting headcount and liquidating its UK nuclear power unit in an effort to reduce costs as it struggles to find new growth pillars.
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The company logo of China’s Sinopec Corp is displayed at a news conference in Hong Kong, China March 26, 2018. REUTERS/Bobby Yip SHANGHAI (Reuters) – China’s state-owned Sinopec signed purchase agreements worth $45.6 billion on Thursday, covering supplies of crude oil, chemicals, coal and equipment. The deals were inked at a public signing ceremony at
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NEW YORK (Reuters) – Most major stock markets rose on Wednesday after the U.S. midterm election divided control of Congress, while expectations of political gridlock in Washington weighed on the dollar. U.S. oil prices slipped after U.S. crude output hit another record high. While gridlock could hamper President Donald Trump’s political and economic agenda, few
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SAO PAULO (Reuters) – Automakers in Brazil last month notched their strongest sales in nearly four years, a leading trade group said on Wednesday, adding to optimism as the auto industry kicked off the biannual Sao Paulo International Motor Show. Cars are displayed during the Salao do Automovel International Auto Show in Sao Paulo, Brazil
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