Apple supplier Foxconn is planning to overhaul its management structure in a move that would see more senior executives involved in the running of its daily operations, a person with direct knowledge of the matter told Reuters.
U.S. President Donald Trump threatened to hit China with "at least" another $300 billion of tariffs but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States.
French bank Credit Agricole unveiled a new set of higher profit targets for 2022 after it had met its 2019 targets a year ahead of schedule, and said it now expected annual net profits above 5 billion euros ($5.6 billion) in 2022.
Credit Agricole's Chief Executive Philippe Brassac said his bank will focus on organic growth in the coming three years as it has no pressure or need to expand through acquisitions.
Venezuela's state oil company PDVSA plans to open an office in Moscow this month, Interfax news agency cited Venezuela's oil minister as saying on Thursday during a trip to the Russian city of St Petersburg.
France's finance minister said on Thursday following the collapse of merger talks between Fiat Chrysler (FCA) and Renault that the government had engaged constructively but failed to win the support of Renault's Japanese partner, Nissan.
Shares in carmakers Renault and Fiat Chrysler (FCA) both fell sharply on Thursday after Fiat Chrysler abandoned its $35 billion merger offer.
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 told Reuters.
French budget minister Gerald Darmanin said he hoped the door had "not closed" on the possibility of a merger between Fiat Chrysler (FCA) and Renault and added France would be happy to re-examine any new proposal from Fiat.
Sir Richard Branson's Virgin Orbit said on Thursday it plans to bring its satellite launch system to Japan in partnership with airline operator ANA Holdings Inc, which will provide maintenance and possibly aircraft.
Rolls-Royce agreed Britain's largest ever transfer of corporate pension risk, announcing on Thursday it would shift 4.6 billion pounds ($5.8 billion) of assets to insurer Legal & General.
Shares in Fiat Chrysler (FCA) and Renault fell sharply in early trading on Thursday after their $35 billion-plus merger plan fell apart only 10 days after being made public, with FCA blaming French politicians.
U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States.
British insurer Aviva will restructure its British business and cut costs across the firm with the loss of 1,800 jobs globally as it new chief executive seeks to make the business more competitive.
Shares in Peugeot-carmaker PSA rose on Thursday, as analysts examined the possibility that Fiat Chrysler (FCA) might turn back to PSA after FCA withdraw a merger offer for Renault.