By Erwin Seba HOUSTON (Reuters) -U.S. oil refiner Phillips 66 has begun reducing staff at several refineries, refined products terminals…
Daimler Truck raises FY outlook on stronger than expected Q3
BERLIN (Reuters) – Daimler Truck on Wednesday slightly raised its full-year earnings forecast after reporting better-than-expected results in the third…
U.S. state attorneys general probing Kroger deal for Albertsons
WASHINGTON (Reuters) – A half dozen state attorneys general are digging into Kroger’s planned acquisition of rival grocery chain Albertsons,…
Boeing CEO ‘confident’ 737 MAX 7, 10 will get certified -CNBC interview
By David Shepardson WASHINGTON (Reuters) -Boeing Chief Executive Dave Calhoun on Wednesday said he is confident the planemaker will get…
Barrick CEO says Zambia’s Lumwana mine life could be extended to 2060
LUSAKA (Reuters) – Barrick Gold Corp said promising drill results could see the life of its Zambian Lumwana copper mine…
Westfield-owner Unibail confirms recovery, hikes guidance again
(Reuters) – Shopping mall owner Unibail-Rodamco-Westfield on Wednesday raised its guidance for the second time this year, as tenant sales…
Watchdog CPUC seeks $155 million in fines against PG&E over Zogg wildfire
(Reuters) – The California Public Utilities Commission (CPUC) watchdog on Tuesday proposed fines of $155.4 million against shareholders of utility…
U.S. firm Westinghouse likely to win Polish nuclear contract – deputy PM
WARSAW (Reuters) – Poland is likely to choose U.S. firm Westinghouse Electric Co to build its first nuclear power plant,…
Berkshire’s Brooks running unit settles trademark case against Brooks Brothers
By Jonathan Stempel (Reuters) – Brooks, the running shoe unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, has settled a…
Volkswagen brand will only produce electric cars in Europe from 2033 -brand chief
By Victoria Waldersee BERLIN (Reuters) – The Volkswagen brand will only produce electric cars in Europe from 2033, its boss…