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04/10/2021

Italy's Leonardo says Boeing to update 787 production plan this month


The chief executive of Italian aerospace firm Leonardo (LDOF.MI) said Boeing (BA.N) was expected this month to release an updated production plan for its 787 Dreamliner wide-body jet.


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CD&R wins $10 bln auction for UK supermarket Morrisons


Clayton, Dubilier & Rice (CD&R) has won the auction for Morrisons (MRW.L) with a 7 billion pound ($9.5 billion) bid, paving the way for the U.S. private equity firm to take control of Britain's fourth-biggest supermarket group.


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Delta CEO says airline has not decided whether to mandate COVID vaccines


 The CEO of Delta Air Lines (DAL.N) said on Sunday that the company has not decided whether to mandate COVID-19 vaccines as the White House has requested.


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27/09/2021

Tesla Shanghai to make 300,000 cars Jan-Sept despite chip shortage


Tesla Inc's (TSLA.O) Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, capped by a delivery rush in the end of the July-September quarter, despite a global semiconductor shortage, two sources said.


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Credit Suisse board backs CEO, chairman tells SonntagsBlick


Credit Suisse's (CSGN.S) board of directors is convinced Chief Executive Thomas Gottstein is the right person to strategically realign the bank by curbing risk appetite, the Swiss bank's chairman said in a newspaper interview published on Sunday.


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Cryptocurrency exchange Huobi to clean up existing mainland clients by end-2021


Chinese cryptocurrency exchange Huobi Global said on Sunday it had stopped taking new mainland customers from Friday and would end contracts with mainland clients by the end of the year to comply with local regulations.


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20/09/2021

U.S. opens probe into 30 million vehicles over air bag inflators


U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata air bag inflators, a government document seen by Reuters on Sunday showed.


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U.S. trade official called India's Mastercard ban 'draconian'-emails


A senior U.S. trade official privately criticised India's July decision to ban Mastercard Inc (MA.N) from issuing new cards, calling it a "draconian" move that caused "panic", according to U.S. government emails seen by Reuters.


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Evergrande begins repaying wealth product investors with property


Cash-strapped developer China Evergrande Group (3333.HK) has begun repaying investors in its wealth management products with real estate, a unit of its main Hengda Real Estate Group Co Ltd unit said.


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13/09/2021

Kansas City Southern plans to accept Canadian Pacific's $27 bln bid


Kansas City Southern (KSU.N) said on Sunday it planned to accept Canadian Pacific Railway Ltd's (CP.TO) $27.2 billion cash-and-stock acquisition offer as superior to its $29.6 billion deal to sell itself to Canadian National Railway Ltd (CNR.TO).


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