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Bosch sees car production falling 5% in 2019: report

FILE PHOTO: Werner Struth, member of the board of management of Robert Bosch GmbH, watches a video during a Bosch news conference at the 2017 CES in Las Vegas, Nevada, U.S., January 4, 2017. REUTERS/Steve Marcus FRANKFURT (Reuters) – Auto supplier Robert Bosch has revised its forecast for automotive production on Saturday,…

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Anadarko Petroleum beats profit estimates on higher output

FILE PHOTO: The logo for Anadarko Petroleum corp. is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid (Reuters) – Anadarko Petroleum Corp (APC.N), in its last earnings report before shareholders vote on its sale to Occidental Petroleum…

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Alphabet, Starbucks drive Wall Street to record high

(Reuters) – Robust earnings from Alphabet and Starbucks pushed the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data showing U.S. economic growth slowed less than expected in the second quarter. The U.S. Commerce Department said GDP increased at an annualized rate of 2.1% in the second…

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SABIC CEO says no interest in taking over Clariant

FILE PHOTO: Saudi’s SABIC CEO Yousef al-Benyan attends the Saudi-India Forum in New Delhi, India, February 20, 2018. REUTERS/Anushree Fadnavis DUBAI (Reuters) – Saudi Basic Industries Corp (SABIC) (2010.SE) has no interest in taking over Swiss chemicals firm Clariant (CLN.S) and considers its 25% stake in the company as “a long term…

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U.S. Department of Justice approves T-Mobile, Sprint tie-up

A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration taken April 30, 2018. REUTERS/Dado Ruvic/Illustration WASHINGTON (Reuters) – The U.S. Justice Department said it was greenlighting T-Mobile US Inc’s request to acquire rival Sprint Corp after the companies agreed to divest…

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Novartis CEO pledges not to sell Sandoz generics unit

FILE PHOTO: Novartis CEO Vas Narasimhan addresses the Swiss drugmaker’s annual news conference in Basel, Switzerland, January 30, 2019. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – Novartis (NOVN.S) Chief Executive Vas Narasimhan pledged in an interview published on Saturday not to sell the Swiss drugmaker’s generics unit Sandoz amid a revamp that has…

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