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Petrobras and Total complete transfer of rights in Lapa and Iara
PetrobrasMonday January 15, 2018 5:59AM ET
Petrobras and Total announced that they have finalized a decisive milestone in the realization of their Strategic Alliance, signed in March 2017.
Carillion to go into liquidation after talks fail
CarillionMonday January 15, 2018 5:13AM ET
The U.K. construction and outsourcing company Carillion said Monday it will go into compulsory liquidation, after crisis talks at the weekend failed.
Ford increases investment in electrification to $11 billion
James FarleyMonday January 15, 2018 4:00AM ET
Ford will increase its investment in electrification, planning to spend $11 billion by 2022 to create hybrid and all-electric versions of its vehicles.
Lauda to again bid for stricken airline Niki
Niki airlineMonday January 15, 2018 2:43AM ET
Niki Lauda has re-emerged as a potential bidder for Niki, the Austrian budget airline he founded whose messy insolvency proceedings may derail an agreed sale to Britain’s IAG.
Toyota’s unions to demand $27 pay-scale hike in spring wage talks
Toyota workerSunday January 14, 2018 6:59AM ET
The federation of labor unions in the Toyota Motor Corp. group on Saturday adopted a unified request for a monthly pay-scale hike of at least ¥3,000 ($27) in this year’s shunto (spring wage negotiations) with management.
83 countries affected by Lactalis formula milk scandal
Emmanuel BesnierSunday January 14, 2018 6:52AM ET
A salmonella scandal at Lactalis has affected 83 countries, where 12 million boxes of powdered baby milk are being recalled, the company's CEO Emmanuel Besnier said on Sunday in an interview with French media.
ABC Home Medical Supply to employ in Virginia
ABC Home Medical SupplySaturday January 13, 2018 2:00PM ET
ABC Home Medical Supply has selected St. Lucie County, Va. as the location for their new corporate headquarters.
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