FRANKFURT (Reuters) - German carmaker Daimler (DAIGn.DE) said on Friday the U.S. tax reform would result in an income tax benefit of around 1.7 billion euros ($2.01 billion) in its 2017 results. Other issues not connected to the U.S. tax reform will lead to higher taxes, however, which...
BRASILIA (Reuters) - Brazilian President Michel Temer said on Friday that he opposed Boeing Co (BA.N) taking control of Embraer SA (EMBR3.SA), although he would welcome an injection of foreign capital into the regional planemaker. Temer told a news conference he would study any decision the companies...
PARIS (Reuters) - Phoebe Philo, artistic director of LVMH’s (LVMH.PA) Celine label will leave the high-end ready-to-wear brand in January, the company said on Friday. “Working for Celine has been an amazing experience for me over the past ten years,” Philo said in a statement. The British designer...
NEW YORK (Reuters) - Stocks that surged in recent weeks because of the cryptocurrency mania have managed to hold onto most of their gains despite the recent retreat in the price of bitcoin and scepticism from market participants. A Reuters analysis of 17 stocks of companies that...
(Reuters) - CSX Corp (CSX.O), the third-largest U.S. railroad, on Friday named Jim Foote as chief executive officer, succeeding Hunter Harrison, who died last week only months into the railroad’s ambitious turnaround plan. Foote, who joined CSX in October as chief operating officer, had been named acting CEO...
(Reuters) - Fiat Chrysler Automobiles NV’s U.S. unit said on Friday it would recall about 1.8 million trucks in the United States, Canada, Mexico and some other markets to fix a part if not operating could allow the driver to shift out of park without depressing the brake...