Fiat Chrysler Automobiles NV Chief Executive Officer Mike Manley must fix the company's European business -- an issue left unresolved by his predecessor, who built a reputation as a turnaround specialist by saving Fiat and rescuing Chrysler from bankruptcy by orchestrating their merger.
Tesla Inc.’s turbulent year has sparked fears among some of its suppliers about the auto maker’s financial strength after production of the Model 3 car drained some of its cash, according to industry executives and documents.
Huawei Technology Co.’s coming U.S. launch of a solar-panel control device is expected to collide with new Trump administration tariffs on Chinese electronics, undermining a product that analysts had seen as challenging rivals on pricing, reports Reuters.
BHP Billiton Ltd. said fiscal-year net profit fell 37% because of one-time charges, but the world’s biggest miner by market value recorded a 33% rise in underlying profit and a record final dividend, aided by higher prices and production for most of its commodities.
Tyson Foods Inc. has agreed to buy Keystone Foods, a major supplier of chicken nuggets to McDonald’s Corp. and other companies, for $2.16 billion as part of its strategy to bolster its protein offerings and expand globally.
ConocoPhillips will halt further legal actions against the troubled state-run energy giant Petroleós de Venezuela SA over an unpaid $2 billion arbitration award after both sides agreed on a payment plan.
Estée Lauder Cos. said sales jumped 12% in the latest quarter due to growing demand for high-end skin-care products and increased business at travel outlets in airports, providing a rare spot of robust growth in the stagnating consumer-products industry.
T-Mobile US Inc. is getting a little help from its friends by asking smaller wireless operators that piggyback off its network to issue public statements or even write newspaper editorials to help persuade antitrust regulators to approve its proposed $26 billion acquisition of Sprint Corp., reports Reuters.
Total SA is struggling to offload its stake in a $5 billion natural-gas project in Iran to a Chinese partner, after stopping work on the project earlier this year due to U.S. sanctions.
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