News Highlights: Top Company News of the Day
16 January 2018 - 8:30AM
Dow Jones News
Airbus Boss Takes Aim at Trump's Trade Stance
Airbus SE Chief Executive Tom Enders has flatly accused the
Trump administration of protectionism, while criticizing rival
Boeing Co. for exploiting such sentiments.
Fiat Chrysler CEO Rules Out Selling Brands or Splitting Up Company
CEO Sergio Marchionne said Monday he has no plans to sell its
Jeep business or split up the company, cooling speculation but
leaving the company's long-term strategy unclear.
Subaru Predicts a 2018 Gain in U.S. Sales as Cupholders Runneth Over
Subaru is striking a rare note of optimism about American car
buyers by projecting a bump in 2018 sales even as overall volume
declines, as it brings a behemoth SUV with 19 cupholders to
showrooms.
Shell Bids a Long Goodbye to Middle Eastern Oil
Royal Dutch Shell is giving up on its last oil fields in Iraq,
leaving the world's second-biggest oil company with a dwindling
footprint in the Middle East-a region it helped build into a
petroleum powerhouse.
Looking for an Affordable Ride? Try A Mitsubishi Lot
In an era when U.S. buyers are spending record amounts for cars
and trucks, Mitsubishi Motors Corp.'s low-cost showroom is a rare
haven for new-vehicle buyers hunting for an efficient and
less-expensive way to get from Point A to Point B.
Pension Sues Canadian Banks Alleging Manipulation of Rate
A Colorado pension fund is suing Canada's top six banks and
three other lenders for allegedly manipulating a key Canadian
lending rate.
Chinese Auto Maker Dumping 'Trumpchi' Name For U.S. Push
Guangzhou Automobile Group is planning to be the first Chinese
auto maker to enter the U.S. market, but first it needs to ditch
its "Trumpchi" brand name.
Apple and Tencent Reach Deal to Let WeChat Users Dole Out Tips
Apple and Chinese technology giant Tencent have settled their
tiff over tips, allowing users of Tencent's popular WeChat
messaging app to resume giving monetary gifts to their favorite
video-streaming stars and content creators.
Lego Clicks With China's Tencent to Develop Online Games
Lego is joining forces with Chinese internet giant Tencent to
jointly develop online games for children in China, the latest move
by the Danish toy maker to increase its focus on digital
content.
Carillion Fails, Forcing Government to Step In
Carillion, one of the U.K. government's biggest contractors, is
to be wound down, renewing a political debate in Britain over the
role of private-sector companies in the delivery of public
services.
(END) Dow Jones Newswires
January 16, 2018 03:15 ET (08:15 GMT)
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