(Reuters) -Boeing has agreed to buy back Spirit AeroSystems for $4.7 billion in stock, ending the near-two-decade independence of the world’s largest standalone aerostructures company.
Category: Business
Exclusive-Nvidia set to face French antitrust charges, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Nvidia is set to be charged by the French antitrust regulator for allegedly anti-competitive practices, people with direct knowledge
US army awards Lockheed Martin $4.5 billion multi-year Patriot Missiles contract
(Reuters) -The U.S. Army awarded Lockheed Martin a multi-year contract worth $4.5 billion for its air defense Patriot Missiles system, the Pentagon said on Friday.
Nike plots $100-and-less sneakers to lure price-conscious shoppers
By Aishwarya Venugopal and Ananya Mariam Rajesh (Reuters) – Nike will roll out new $100-and-under sneakers in countries around the world, its chief financial officer
RBC appoints new executives to lead US global asset management arm
TORONTO (Reuters) – Royal Bank of Canada has appointed Jessica Rausch as chief operating officer of its US global asset management (GAM) business and Brandon
Potential China action against EU pork may be double-edged sword for Brazil
By Roberto Samora and Ana Mano SAO PAULO (Reuters) – China’s potential imposition of anti-dumping measures on European Union pork imports, a disastrous scenario for
Elon Musk won $56 billion payday because of vote, Tesla argues in court
By Tom Hals WILMINGTON, Delaware (Reuters) – Tesla is claiming Elon Musk won his legal battle over his $56 billion pay package because shareholders voted
Volkswagen recalling 307,000 vehicles over air bag sensor wiring
By David Shepardson WASHINGTON (Reuters) -Volkswagen said on Wednesday it was recalling over 307,000 vehicles in North America due to a potential wiring fault that
Exclusive-Codelco copper output falls behind target in May, document shows
By Fabian Cambero SANTIAGO (Reuters) – Chile’s state mining giant Codelco, one of the world’s largest copper producers, fell further behind its production target in
Crypto firm Abra reaches settlement with US states for operating without licenses
By Hannah Lang (Reuters) – Financial regulators in 25 U.S. states announced on Wednesday a settlement with cryptocurrency investment platform Abra and its CEO for