Hints and tips:
...Red Bull Racing, the F1 team owned by the Austrian energy drinks group, declined to comment....
...Q1, Eni Q1, Ford Motor Company Q1, General Dynamics Q1, Hasbro Q1, Heathrow Q1, Heineken Q1 trading update, Hilton Worldwide Holdings Q1, IBM Q1, Interpublic Q1, Lloyds Banking Group Q1 interim management...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...A probe by Republican lawmakers into Ford Motor’s partnership with Chinese battery maker CATL has fuelled that expectation....
...Q1 trading update, Groupe Casino H1, Centrica H1, CMC Markets Q1 trading update, Comcast Q2, CVS Group trading update, EDF H1, Elementis H1, Ford Motor Company Q2, Foxtons H1, Frasers Group FY, Geox H1,...
...“Any time you set up a P&L, over time you could create a reportable entity, but it’s not our direction,” he said. “This is in order to keep these companies focused.”...
...Motor Q2, GlaxoSmithKline Q2, Holcim H1, Iberdrola H1, Kering H1, Kraft Heinz Q2, Lloyds Banking Group H1, Mercedes-Benz Q2, Meta Q2, Millennium BCP Q2, Mitsubishi Motors Q1, Paragon Banking Group Q3 trading...
...Then Italy’s Etro family sold a majority stake in their fashion house for €500m to the LVMH-backed private equity firm L Catterton....
...General Motors’ Mary Barra and Ford’s Jim Farley were among the Michigan-based chief executives who signed a separate statement urging the government to “avoid actions that reduce participation in elections...
...On the day that the final car facilities across Europe halted, General Motors also drew $16bn from its credit facility, hot on the heels of Ford....
...We note also the steps taken by Hastings to support certain customer groups; we believe it is important that UK motor insurers take early action on reinvesting potential benefits from lower motor loss frequency...
...Conklin, who was named vice-president of US government affairs, joins from investment manager USAA, while Tinsworth Baker joins from Ford Motor....
...Job moves SoftBank has hired Ford Motor’s US lobbyist Ziad Ojakli at a time when the Japanese conglomerate is seeking US approvals for some of its acquisitions....
...The bottom-10 list also includes Range Resources, an energy company, Alaska Air and carmaker Ford Motor . Incidentally, Italian-listed Fiat Chrysler has surged by a third this year....
...The private equity firm he founded but no longer owns, W L Ross & Co, is teaming up with a Chinese steel producer to invest in the sector in China....
...This indicates there has been a sharp rise in the number of cases dealt with by the group, which is borne out by the company’s accounts....
...“You’ve heard everybody talk about a V, a W, an L, a bathtub, all kinds of words” with regard to future oil prices, said Lamar McKay, deputy group chief executive of BP....
...L’Oréal, the French cosmetics company, has tapped into the desire of women in their fifties, sixties and seventies to look glamorous, using actors such as Helen Mirren, 70, and Diane Keaton, 69, to sell...
...If the bet had gone wrong, Boeing would have gone the same way as the Glenn L Martin Company, one of the pioneers of jet aviation.”...
...Carmakers led the sell-off, with shares in Ford down 2.74 per cent to $14.55 after the company reported a steeper than anticipated decline in January sales....
...The inquiries into companies – which, according to people close to the situation, include Ford, Toyota and McDonald’s, as well as exporters of orange juice, chemicals, and aerospace components – could result...
...The Swiss food group decided to sell 8 per cent of L’Oréal back to the Paris-based company in a deal worth a total of €6bn....
...(Financial Times) Ford shares jump as it revs up dividend: “Ford Motor has responded to pressure to return more capital to shareholders by increasing the carmaker’s quarterly dividend 25 per cent....
...Earnings Berkshire Hathaway Q3 $2,402.23 ($2057) Chevron Q3 $2.73 ($2.57) Royal Bank of Scotland Q3 £4.73 (£6.10) Trading and sales updates General Motors; Ford Motor Results forecasts, from Thomson...
...Last year, the company was bidding for Compagnie Française de l’Afrique Occidentale, but stepped aside to allow its major automotive partner, Toyota, to invest in the Paris-owned conglomerate, which distributes...
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