(Reuters) – Chevron Corp (CVX.N) expects a 10% to 15% reduction in positions across the company as part of a restructuring at the second-largest U.S. oil producer that started late
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Italy's RCS says court ruled 2013 sale to Blackstone valid, may still win damages
MILAN (Reuters) – Milan’s Arbitral Tribunal has judged that the 2013 sale of RCS’ (RCSM.MI) headquarters to Blackstone Group (BX.N) was valid but found that the purchaser’s behaviour may entitle
Greensill drops libel suit against Reuters over bond story
LONDON (Reuters) – Greensill Capital said it has dropped a libel suit against Reuters over a story which said that the financing group had provided a false statement to market
Why U.S. energy CEOs will get big payouts despite oil meltdown
BOSTON/NEW YORK (Reuters) – National Oilwell Varco Inc (NOV) has had a rough few years: Since 2017, the Houston company, whose drilling equipment is in major oilfields worldwide, has lost
Renault and Nissan deepen cooperation in bid for survival
PARIS/TOKYO (Reuters) – Renault (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) said on Wednesday they would each take a lead on car manufacturing in different regions in
Singapore's Infrastructure Asia, Myanmar ink deal on infrastructure collaboration
SINGAPORE – Singapore’s Infrastructure Asia will identify suitable investors for infrastructure projects in Myanmar, following an agreement inked with Myanmar’s Ministry of Planning, Finance and Industry (MoPFI) on Wednesday (May
LATAM becomes largest airline driven to bankruptcy by coronavirus
(Reuters) – LATAM Airlines Group (LTM.SN), the continent’s largest carrier, filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganization due
LATAM becomes largest airline driven to bankruptcy by coronavirus
(Reuters) – LATAM Airlines Group (LTM.SN), the continent’s largest carrier, filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganization due
Asian stocks pull back as Hong Kong uncertainty weighs
NEW YORK (Reuters) – Asian shares shed some of their recent gains on Wednesday as investor concerns about rising tensions between the United States and China tempered optimism about a
Renault and Nissan rebuild their alliance to ride out the coronavirus storm
TOKYO/PARIS (Reuters) – When Renault SA (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) announced the last strategy plan for their Alliance in September 2017, the goal was