PARIS (Reuters) – Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America. FILE PHOTO: The logo of French car manufacturer Peugeot is seen at Brussels

FILE PHOTO: A PSA Group logo is seen behind a car displayed during French carmaker’s news conference as they announce the company’s 2018 results at their headquarters in Rueil-Malmaison, near Paris, France, February 26, 2019. REUTERS/Christian Hartmann PARIS (Reuters) – Peugeot maker PSA Group said profitability reached fresh highs in 2019, though the French firm

U.S. President Donald Trump and India’s Prime Minister Narendra Modi arrive for their joint news conference at Hyderabad House in New Delhi, India, February 25, 2020. REUTERS/Adnan Abidi (Reuters) – U.S. President Donald Trump and Indian Prime Minister Narendra Modi have agreed to “promptly” conclude ongoing trade talks that they hope can lead to the

TOKYO (Reuters) – Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic jolted Wall Street yet again and pushed yields on safe-haven Treasuries to record lows. FILE PHOTO: A passerby walks past in front of a stock quotation board outside a brokerage in Tokyo,

FILE PHOTO: The Panasonic booth is shown during the 2020 CES in Las Vegas, Nevada, U.S. January 7, 2020. REUTERS/Steve Marcus TOKYO/LOS ANGELES (Reuters) – Japan’s Panasonic Corp (6752.T) is considering pulling out of solar cell production at Tesla Inc’s (TSLA.O) plant in New York, said people with direct knowledge of the matter, raising uncertainty

TOKYO (Reuters) – Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries to record lows. FILE PHOTO: A passerby walks past in front of a stock quotation board outside a brokerage in Tokyo,

FILE PHOTO: The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid (Reuters) – Salesforce.com Inc (CRM.N) said on Tuesday Keith Block has stepped down as co-chief executive officer, making Marc Benioff the sole CEO of the business software company, sending its shares down

(Reuters) – Walt Disney Co’s (DIS.N) Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said on Tuesday, ending years of speculation on who will take over Hollywood’s most powerful studio. FILE PHOTO: Chairman and Chief Executive Officer of The Walt Disney Company, Robert

TOKYO (Reuters) – Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries to record lows. FILE PHOTO: A man walks past an electronic display showing Asian markets indices outside a brokerage in Tokyo,

FILE PHOTO: Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Camp Fire in Paradise, California, U.S., November 14, 2018. REUTERS/Terray Sylvester (Reuters) – California power producer PG&E Corp (PCG.N) said on Tuesday it plans to raise up to $25.68 billion by selling securities, as it works its way out of

FILE PHOTO: Chairman and Chief Executive Officer of The Walt Disney Company, Robert Iger, attends the premiere of “Star Wars: The Rise of Skywalker” in Los Angeles, California, U.S. December 16, 2019. REUTERS/Phil McCarten (Reuters) – Walt Disney Co (DIS.N) on Tuesday said Robert Iger will step down as chief executive officer and will continue

WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) on Tuesday proposed that airlines complete inspections on a key component that could make Boeing 737 MAX airplanes vulnerable to lightning strikes and interference from high-power radio frequency transmitters before returning to service. FILE PHOTO: An unpainted Boeing 737 MAX aircraft is seen parked in an aerial

(Reuters) – Mallinckrodt Plc (MNK.N) on Tuesday said it had agreed to a $1.6 billion settlement proposal in which its generic drug business would file bankruptcy in order to resolve thousands of lawsuits alleging it helped fuel the U.S. opioid epidemic. Bottles of prescription painkillers Hydrocodine Bitartrate and Acetaminopohen, 5mg/325mg pills, made by Mallinckrodt sit

LONDON/MILAN (Reuters) – Goldman Sachs (GS.N), Citigroup Inc (C.N), Credit Suisse (CSGN.S) and other investment banks have curbed trips to Italy amid fears that the coronavirus outbreak across the north of the country could quickly spread across Europe, sources said. FILE PHOTO: A policeman wearing a face mask warns a driver on the road between

NEW YORK (Reuters) – Thomson Reuters Corp (TRI.N) (TRI.TO) said on Tuesday it had appointed former Nielsen Holdings Plc (NLSN.N) president Steve Hasker as its new chief executive officer, succeeding Jim Smith. Newly announced Thomson Reuters president and chief executive officer Steve Hasker poses in Toronto, Ontario, Canada February 24, 2020. Picture taken February 24,

(Reuters) – Mastercard’s chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach. FILE PHOTO: Mastercard President and CEO Ajay Banga speaks to attendees during the Department of Homeland Security’s Cybersecurity Summit in