CNH Industrial targets investment grade credit rating
Truck and tractor maker CNH Industrial is aiming for an investment grade credit rating and could distribute the money saved on interest payments to shareholders, the group formed from the merger of Fiat Industrial and its CNH unit said.
Exclusive: KKR pulls out of Jones Group auction - sources
Private equity firm KKR & Co LP has withdrawn from the bidding process for Jones Group Inc , two people familiar with the matter said on Thursday, raising questions over the prospects of the auction for the fashion and footwear company.
Bangladesh garment workers stage biggest wage hike protest
About 50,000 garment industry workers held their largest protest so far in the Bangladeshi capital of Dhaka to demand an increase of more than 1-1/2 times in the minimum wage, police and labor officials said on Saturday.
ThyssenKrupp wins banks' support to extend credit lines: magazine
Germany's ThyssenKrupp won support from banks to extend credit lines worth 2.
Allegiant grounds planes to make slide inspections
Allegiant Travel Co, a low-cost carrier that provides service to leisure destinations, is grounding as many as 30 of its planes, or roughly half of its fleet, to inspect emergency exit slides to comply with safety guidelines.
Allegiant grounds planes; U.S. FAA seeks data on slides
Allegiant Travel Co, a low-cost carrier that provides service to leisure destinations, is grounding as many as 30 of its aircraft, or roughly half of its fleet, to inspect emergency evacuation slides in response to an FAA request for information.
U.S. CEOs less optimistic on economy - survey
U.S. chief executives were less optimistic about the economy in the third quarter, with fewer expecting to increase sales or boost capital spending than in the preceding three months, a survey by the Business Roundtable showed.
Metso to cut 660 jobs in paper machine unit
Finnish engineering firm Metso will cut 660 jobs in Finland at its paper machine business, as part of its cost-cutting programme in the unit.
General Dynamics changes leadership at shipyards
General Dynamics Corp on Wednesday announced leadership changes at its shipyards that it said would help the company reduce costs and better serve its main customer, the U.S. Navy.
Sharp to issue up to 450 million new shares in offering: sources
Japan's Sharp Corp plans to issue up to 450 million new shares in a public offering, part of a plan to raise capital that is set to be approved by the company's board early this week, people with knowledge of the discussions said on Tuesday.
CNH Industrial shares to debut in New York on September 30: Marchionne
Truck and tractor maker CNH Industrial's shares will start trading on the New York Stock Exchange on September 30, the company's chairman Sergio Marchionne said on Friday.
Bell teams with Lockheed for U.S. Army helicopter bid
Bell Helicopter, a unit of Textron Inc , on Monday said it would team with c to bid for the U.S. Army's next-generation helicopter - an order worth billions of dollars - using Bell's V-280 Valor tiltrotor.
Report warns of cost overruns on new U.S. aircraft carrier
The first Ford-class aircraft carrier being built by Huntington Ingalls Industries Inc may see further cost increases after it is commissioned, according to a congressional report that urged the U.S. Navy to delay a contract for a follow-on ship.
Wary eyes watch next step for India's Vedanta
The end of an 18-month overhaul of Vedanta's byzantine structure, which has left the resources group leaner and better able to cut debt, has raised questions over future ambitions and the temptation to use new-found flexibility for more deals.
Potash Corp sees BPC break-up as short term
Potash Corp of Saskatchewan Chief Executive Bill Doyle said on Wednesday he doesn't expect the breakup of Belarusian Potash Co (BPC) to last long, and he disputed predictions that the breakup would spur a steep potash price drop.
IRS takes on Tyco in U.S. Tax Court debt-vs-equity dispute
A U.S. Tax Court fight between Tyco International Ltd and the Internal Revenue Service reflects a growing assertiveness by the agency over deductibility of interest in certain intercompany financing deals, tax lawyers said on Wednesday.
Express second-quarter profit rises 7 percent
Apparel and accessories retailer Express Inc reported a 7 percent increase in quarterly profit as it attracted more customers.
Russia fiercely rebukes Belarus for detaining potash boss
Belarus detained the head of Russia's Uralkali , the world's top potash producer, and threatened to seize its assets in the country on Monday, drawing a fierce rebuke from Moscow in an escalating dispute over the collapse of a cartel.
Belarus investigators say intend to seize Uralkali assets: RIA
Belarussian investigators said on Monday that they intend to seize property and assets of Russia's Uralkali , the world's top potash producer, following the collapse of a joint Russian-Belarussian venture, RIA reported.
Australia's mining boom rolls on for Chinese entrepreneur in the outback
Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback, scoffs at talk the resources boom is over.