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  • General Electric to cut 1,200 jobs in Switzerland
    on June 18, 2018 at 12:33 pm

    (Reuters) - General Electric will cut 1,200 jobs in Switzerland at its troubled power generation business, about 200 fewer than its original proposal, the U.S. industrial conglomerate said on Monday. […]

  • Oil rises ahead of OPEC, pressured by China tariffs
    on June 18, 2018 at 12:17 pm

    LONDON (Reuters) - Oil prices rose on Monday ahead of an OPEC meeting this week that is widely expected to increase global crude supply and as investors assessed the impact of a trade dispute between the United States and China. […]

  • Fields of dreams: Texas project seeks new corn strains for whiskey
    on June 18, 2018 at 12:16 pm

    COLLEGE STATION, Texas (Reuters) - A master distiller and a crop scientist who specializes in corn breeding are working on a project they hope one day will help bring local identities to American whiskeys. […]

  • Thyssenkrupp boards working hard to get Tata Steel deal - staff memo
    on June 18, 2018 at 12:09 pm

    DUESSELDORF (Reuters) - Thyssenkrupp's needs to quickly clinch a deal for a planned European steel joint venture with Tata Steel, its chief executive said in an internal letter, adding this was necessary to determine the group's long-term strategy. […]

  • Audi to name interim CEO after Stadler arrested - FAZ
    on June 18, 2018 at 11:59 am

    FRANKFURT (Reuters) - Volkswagen's premium brand Audi will appoint an interim chief executive after current boss Rupert Stadler was arrested earlier on Monday, Germany's Frankfurter Allgemeine Zeitung reported, without citing sources. […]

  • Graphic: China's tariffs on U.S. oil would disrupt $1 billion monthly business
    on June 18, 2018 at 11:48 am

    SINGAPORE (Reuters) - China's threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per month. […]

  • Head of VW's Audi arrested in Germany over diesel scandal
    on June 18, 2018 at 11:37 am

    FRANKFURT (Reuters) - German authorities arrested the head of Volkswagen's luxury arm Audi on Monday, the most senior company official so far to be detained over the carmaker's emissions test cheating scandal. […]

  • Minor leak observed at Vedanta's smelter in Tamil Nadu - official
    on June 18, 2018 at 6:35 am

    MADURAI, India (Reuters) - A minor leak has been detected in the sulphuric acid storage plant in Vedanta's copper smelter in Tamil Nadu, a government official said on Sunday, about a month after the state ordered its shutdown after protests in which 13 people died. […]

  • Select few emerging Asian economies comfortable with Fed hikes
    on June 18, 2018 at 5:38 am

    HONG KONG (Reuters) - Higher U.S. rates are rattling many emerging markets in much the same way past tightening cycles did, but the Federal Reserve's hawkishness could also bring cheer for a small group of Asian economies that wouldn't mind seeing their currencies weaken. […]

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