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.
Textron Systems eyes rising foreign demand for drones, weapons
Textron Systems, a unit of Textron Inc , says strong demand from the Middle East and Asia for unmanned systems, ground vehicles and smart weapons will help expand foreign sales to about half of the division's total revenues in coming years.
BeaconLight asks retailer Jos A Bank to return cash to investors
Jos A Bank Clothiers Inc came under fire from investment manager BeaconLight Capital LLC who demanded a reorganization of the men's apparel retailer's board and return of cash to shareholders.
Analysis: T.J. Maxx, others look past chaos to e-commerce bonanza
U.S. low-price retailer T.
GSK stops using travel agencies accused in Chinese probe
British drugmaker GlaxoSmithKline said on Monday it had stopped using all travel agencies which have been accused by the Chinese police of channelling bribes to illegally boost sales and inflate the price of its medicines in the country.
Honeywell transmitter eyed in 787 fire probe: source
Investigators are looking at an emergency locator transmitter built by Honeywell International Inc as the possible cause of a fire on board a Boeing Co Dreamliner in London last week, according to a source familiar with the probe.
300 layoffs expected Spirit Aerosystems, union says
Spirit Aerosystems , a major supplier to Boeing , Airbus and other aircraft makers, is expected to lay off about 300 people on Thursday, a union leader said.
Kloeckner & Co gives up hope of breaking even in 2013: paper
German steel distributor Kloeckner & Co has given up hope of breaking even this year as demand for steel remains low, its chief financial officer told a German newspaper.
After boom years, some Chinese firms run into trouble in crisis-hit Sudan
When Chinese clothing wholesaler Chan Cui Xiao signed a deal with a Sudanese businessman to export colorful bed sheets to the African country he was confident of making good money.