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Leadership Business Events

  • CARACAS/ BARINAS, Venezuela, July 27- Clashes between Venezuelan security forces and demonstrators have killed four people during the latest opposition-led strike to protest against an election on Sunday critics say will mark the end of democracy in the OPEC nation. With Venezuela already brimming with shuttered stores and factories, amid a blistering...

  • CARACAS/ BARINAS, Venezuela, July 27- Clashes between Venezuelan security forces and demonstrators have killed three people during the latest opposition-led strike to protest against an election on Sunday critics say will mark the end of democracy in the OPEC nation. With Venezuela already brimming with shuttered stores and factories, amid a blistering...

  • SYDNEY/ LONDON, July 27- Glencore said on Thursday it had signed agreements to buy a 49 percent stake in coal mines in Australia's Hunter Valley for just over $1.1 billion, getting a share of assets it was expected to miss out on to China's Yancoal. HVO is widely regarded as the more valuable of the two Hunter Valley coal complexes that Yancoal is set to acquire from...

  • SYDNEY/ LONDON, July 27- Glencore said on Thursday it had signed agreements to buy a 49 percent stake in coal mines in Australia's Hunter Valley for just over $1.1 billion, getting a share of assets it was expected to miss out on to China's Yancoal. HVO is widely regarded as the more valuable of the two Hunter Valley coal complexes that Yancoal is set to acquire from...

  • WILMINGTON, Del., July 26- A U.S. bankruptcy judge on Wednesday gave Elliott Management Corp 11 more days to formalize its plans to bid on Oncor Electric Delivery Co before the court approves the $9 billion offer for the utility from Berkshire Hathaway Inc.. Judge Christopher Sontchi of the Delaware bankruptcy court pushed back the hearing for the approval of...

  • July 26- Taiwanese electronics manufacturer Foxconn on Wednesday announced plans to build a $10 billion LCD display panel screen plant in Wisconsin, a deal President Donald Trump asserted would not have happened without his efforts. Trump praised Foxconn chairman Terry Gou at a White House event, asserting: "If I didn't get elected, he definitely wouldn't be...

  • July 26- Taiwanese electronics manufacturer Foxconn on Wednesday announced plans to build a $10 billion LCD display panel screen plant in Wisconsin. It said last month it plans to invest more than $10 billion in a display-making factory in the United States. Wisconsin Governor Scott Walker said at a White House event that the state will award $3 billion in...

  • July 26- Taiwanese electronics manufacturer Foxconn will announce plans to build a multi-billion dollar flat panel screen plant in Wisconsin at a White House event later on Wednesday, a source briefed on the matter said. A White House official said President Donald Trump is hosting an event at 5 p.m. EDT with Foxconn "for a technology manufacturing initiative...

  • *Expects Q2 net loss of up to $1.8 billion. SINGAPORE, July 26- Noble Group, once Asia's largest commodities trader, is to cut staff and sell assets, including its U.S. gas and power business to Mercuria Energy Group, as it faces a quarterly loss of up to $1.8 billion. Hong Kong- based Noble added that it would "explore strategic alliances in Asia" with Mercuria after...

  • *Expects Q2 net loss of up to $1.8 billion. SINGAPORE, July 26- Noble Group, once Asia's largest commodities trader, is to cut staff and sell assets, including its U.S. gas and power business to Mercuria Energy Group, as it faces a quarterly loss of up to $1.8 billion. Hong Kong- based Noble added that it would "explore strategic alliances in Asia" with Mercuria after...

  • July 26- Electronics manufacturer Foxconn will announce plans to build a multi-billion dollar flat panel screen plant in Wisconsin at a White House event later on Wednesday, a source briefed on the matter said. A White House official said President Donald Trump is hosting an event at 5 p.m. EDT with Foxconn "for a technology manufacturing initiative...

  • LONDON, July 26- GlaxoSmithKline is swimming against the tide by getting out of treatments for rare diseases at a time when rivals like Sanofi and Shire see the field as a rich seam for profits. New GSK Chief Executive Emma Walmsley announced the strategic review and potential divestment of rare diseases on Wednesday as part of a wide-ranging drive to...

  • July 26- Electronics manufacturer Foxconn will announce plans to build a multi-billion dollar flat panel screen plant in Wisconsin at a White House event later on Wednesday, a source briefed on the matter said. A White House official said President Donald Trump is hosting an event at 5 p.m. EDT with Foxconn "for a technology manufacturing initiative...

  • FRANKFURT, July 26- German discount grocery chain Aldi North said Wednesday it was planning to spend 5.2 billion euros to revamp its stores in Germany and around Europe. German brothers Karl and Theodor Albrecht pioneered the Aldi discount store concept, setting up two sister businesses serving north and south Germany in 1962 and then expanding to much of...

  • July 26- Apple Inc supplier Foxconn Technology Co will announce plans to build a multi-billion dollar electronics manufacturing plant in Wisconsin at a White House event later on Wednesday, a source briefed on the matter said. A White House official said President Donald Trump is hosting an event at 5 p.m. EDT with Foxconn "for a technology manufacturing...

  • July 26- Apple Inc supplier Foxconn Technology Co will announce plans to build a multi-billion dollar electronics manufacturing plant in Wisconsin at a White House event later on Wednesday, a source briefed on the matter said. A White House official said President Donald Trump is hosting an event at 5 p.m. EDT with Foxconn "for a technology manufacturing...

  • July 26- Apple Inc supplier Foxconn Technology Co will announce plans to build a multi-billion dollar electronics manufacturing plant in Wisconsin at a White House event later on Wednesday, a source briefed on the matter said.

  • MANUFACTURING PLANT IN WISCONSIN WEDNESDAY AT WHITE HOUSE EVENT-- SOURCE.

  • Sales in North America, Hershey's largest market, rose 2.2 percent to $1.47 billion in the second quarter ended July 2. The company, in February, said it would cut its global workforce by about 15 percent under its new Chief Executive Michele Buck as part of a restructuring program to build recovery in demand in North America. Hershey's net income rose to $203.5...

  • OSLO, July 26- Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and liabilities on Wednesday and reiterated that Chapter 11 bankruptcy was likely. Once the biggest offshore rig firm by market value and the crown jewel in the business empire of Norwegian billionaire John Fredriksen, Seadrill shares have fallen 99...