[ad_1] LONDON (Reuters) – Oil prices jumped more than 2% on Friday, climbing further from five-month lows hit this week amid signs that OPEC and other producers may extend their output reduction deal. FILE PHOTO:
Corrected: Toyota speeds up electrified vehicle schedule as demand heats up
[ad_1] (Corrects 7th paragraph to show battery EV sales volumes to still be less than gasoline hybrid volumes by 2025) The Toyota logo is seen on a new Corolla model at the 89th Geneva International
Drugmaker Sanofi appoints Novartis executive Hudson as new CEO
[ad_1] PARIS (Reuters) – French pharma giant Sanofi has appointed Paul Hudson as chief executive to replace Olivier Brandicourt, who will retire in September, the company said on Friday. A logo of Sanofi is pictured
Toyota speeds up electrified vehicle schedule as demand heats up
[ad_1] TOKYO (Reuters) – Toyota Motor Corp aims to have half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and said it will tie up with Chinese battery makers
Global Markets: Asia shares dazed by trade uncertainty, U.S. jobs risks
[ad_1] SYDNEY (Reuters) – Asian share markets dithered on Friday as investors waited for concrete signs of progress in the U.S.-Mexican trade standoff, while bracing for a U.S. jobs report that could sway the course
Japan’s household spending, wages weakness cloud economic outlook
[ad_1] TOKYO (Reuters) – Japan’s household spending rose less than expected in April while real wages declined, adding to worries about consumption as global trade frictions weigh on broader economic activity. FILE PHOTO: A shopper
Exclusive: Foxconn plans management overhaul as Chairman Gou seeks Taiwan presidency – source
[ad_1] TAIPEI (Reuters) – Apple supplier Foxconn is planning to overhaul its management structure to get more senior executives involved in the running of its daily operations, a person with direct knowledge of the matter
Oil prices extend gains, move further away from five-month lows
[ad_1] TOKYO (Reuters) – Oil prices rose around 1% on Friday to move further away from five-month lows hit earlier in the week, buoyed by a report that Washington could postpone trade tariffs on Mexico
UK firms raise spending on temporary staff by least in six years – REC
[ad_1] LONDON (Reuters) – British employers increased their spending on temporary staff at the weakest rate in more than six years and hired fewer permanent staff, recruiters said, suggesting Britain’s robust labour market will weaken.
Exclusive: Sanofi poised to appoint Novartis’ Hudson as CEO
[ad_1] PARIS (Reuters) – Sanofi is poised to appoint Paul Hudson, a top executive with Switzerland’s Novartis, to become the French drugmaker’s next CEO from Sept. 1, a source familiar with the decision told Reuters