EU News Digest Latest News & Updates
Bill Pugliano | Getty Images Gary Jones, the newly-elected President of the United Auto Workers (UAW), addresses the 37th UAW Constitutional Convention June14, 2018 at Cobo Center in Detroit, Michigan. The United Auto Workers union said General Motors’ decision to idle plants in the U.S. and Canada shows the new …
Read More »Deutsche Bank slashes GE price target to $7
Akos Stiller | Bloomberg | Getty Images An employee unwraps turbine components inside the General Electric power plant in Veresegyhaz, Hungary. Deutsche Bank slashed its General Electric price target to $7 a share on Friday, saying revenue for the conglomerate’s struggling power business “remains flattish but does not continue to …
Read More »Wells Fargo on Trump-Xi meeting at the G-20
Qilai Shen | Bloomberg | Getty Images President Donald Trump, left, and Xi Jinping, China’s president, shake hands during a news conference at the Great Hall of the People in Beijing, China, on Thursday, Nov. 9, 2017. Expect a deal between U.S. President Donald Trump and his Chinese counterpart Xi …
Read More »Workday Q3 2019 earnings
Adam Galica | CNBC Aneel Bhusri, co-founder and CEO of Workday, at the 2018 WEF in Davos, Switzerland. Workday surged as much as 10 percent in extended trading on Thursday after the provider of cloud-based human resources software reported quarterly results that topped analysts’ estimates. Here are the key numbers: …
Read More »NBA’s Steph Curry makes his Under Armour shoes available to girls
Jonathan Daniel | Getty Images Stephen Curry #30 of the Golden State Warriors drives to the basket past Wendell Carter Jr. #34 of the Chicago Bulls at the United Center on October 29, 2018 in Chicago, Illinois. NBA player Steph Curry is making his signature basketball shoes with Under Armour …
Read More »Iraq could see new revenues from its troubled power sector, but bureaucracy remains a major hurdle, executives say
HAIDAR MOHAMMED ALI | AFP | Getty Images Flames rise from the burning of excess hydrocarbons at the Hammar Mushrif new Degassing Station Facilities site inside the Zubair oil and gas field. Iraq may be on the cusp of a revenue windfall after losing billions of dollars annually due to …
Read More »Nissan reportedly finds Ghosn didn’t disclose $80 million in pay
Philippe Wojazer | Reuters Carlos Ghosn, then-Chairman and CEO of the Renault-Nissan Alliance, speaks during a news conference in Paris, France, September 15, 2017. Ousted Nissan chairman Carlos Ghosn failed to disclose more than $80 million in deferred pay, the Wall Street Journal reported, citing an unnamed person familiar with …
Read More »Trump continues to rail against General Motors following layoffs
Win McNamee | Getty Images President Donald Trump answers questions from the press while departing the White House on November 26, 2018 in Washington, DC. President Donald Trump continued to rail against General Motors Thursday following the automaker’s decision to cut 14,000 jobs in the U.S. and Canada. Trump Tweet …
Read More »UK fintech firm Revolut gets license to expand to Japan and Singapore
Seb Daly | Web Summit | Getty Images Nikolay Storonsky, chief executive of Revolut, on stage at the MoneyConf fintech event in Lisbon, Portugal. British mobile bank Revolut has obtained licenses to operate in Japan and Singapore as it readies an expansion into Asia. The London-based financial technology firm said …
Read More »Altria is reportedly in talks to take a minority stake in Juul
Bill O’Leary | The Washington Post | Getty Images A Juul vaping system with accessory pods in varying flavors on May, 02, 2018 in Washington, DC. Altria is in talks to take a significant minority stake in e-cigarette company Juul, the Wall Street Journal reported on Wednesday. Any deal is …
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