According to a report from the Wall Street Journal, U.S.-based activist investor Engine Capital LP is pushing Kohl’s Corp to divest its e-commerce business. The hedge fund, which has close to 1% stake in Kohl’s, wants the department store chain to… Read More ›
According to two sources close to the matter at hand, Frank Appel, CEO of Deutsche Post is the favorite to become the next supervisory board chairman of Deutsche Telekom. Both sources have confirmed that Deutsche Post’s supervisory board is scheduled to… Read More ›
Oil prices have risen by more than $1 dollar after Saudi Arabia raised prices for its crude oil sold to the United States and Asia. Brent crude futures for February gained $1.69 to $71.57 a barrel while U.S. West Texas… Read More ›
Tesla Inc has filed a petition in a San Francisco federal court asking it to affirm an arbitrator’s recent decision dismissing a former engineer’s claims that it had fired and defamed her for raising concerns regarding contracting practices and defective floormats…. Read More ›
British trade minister Anne-Marie Trevelyan will seek to strengthen trade relationship with the United States during her visit to New York and Washington on her trip to the United States this week. A full trade relation between the two countries… Read More ›
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