[ad_1] MILAN/PARIS (Reuters) – Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to tackle the costs of far-reaching technological and regulatory changes by creating the world’s third-biggest automaker. If it
Oil up more than 1% on Mideast tensions and supply cuts
[ad_1] NEW YORK, LONDON (Reuters) – Oil prices rose more than 1% on Monday, supported by Middle East tensions and OPEC-led supply cuts as well as continued crude disruptions from Russia after a contamination problem
Alibaba mulls raising $20 billion via second listing: Bloomberg
[ad_1] FILE PHOTO: The logo of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China July 20, 2018. REUTERS/Aly Song/File Photo (Reuters) – Alibaba Group Holding Ltd is considering raising $20
Trump presses Japan over trade gap, expects ‘good things’ from North Korea
[ad_1] TOKYO (Reuters) – U.S. President Donald Trump pressed Japanese Prime Minister Shinzo Abe on Monday to even out a trade imbalance with the United States and said he was happy with how things were
Germany tells its banks to set aside $5.9 billion in case of slump
[ad_1] BERLIN (Reuters) – German banking authorities will require the country’s banks to set aside more provisions from July to cover risks stemming from a pumped up domestic property market and slowing economy, the country’s
ECB’s new bank loans should be less generous: Hansson
[ad_1] TALLINN (Reuters) – The European Central Bank should set stricter conditions on new loans to banks than previously, Estonian policymaker Ardo Hansson said, also expressing scepticism over a proposal to compensate banks for the
Thyssenkrupp in talks to end contract with steel CEO
[ad_1] FILE PHOTO: Thyssenkrupp’s logo is seen close to the elevator test tower in Rottweil, Germany, September 25, 2017. REUTERS/Michaela Rehle/File Photo FRANKFURT (Reuters) – Thyssenkrupp on Monday said it was in talks to terminate
Exclusive: IKEA to revamp app as store strategy shifts
[ad_1] BERLIN (Reuters) – IKEA is launching a new app to allow customers to shop remotely for products they can visualise in the context of their own homes, lessening the need for them to travel
Jet collapse helps IndiGo post fivefold jump in profit, forecasts strong year
[ad_1] NEW DELHI/BENGALURU (Reuters) – Interglobe Aviation, the owner of budget Indian airline IndiGo, forecast a strong year ahead on Monday, after the collapse of Jet Airways Ltd helped the company report a fivefold jump
Exclusive: Kuwait oil minister sees balanced oil market towards end 2019
[ad_1] DUBAI (Reuters) – The oil market is expected to be in balance towards the end of 2019, as global inventories fall and demand remains strong, but OPEC’s job is not done yet, Kuwait’s oil