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GM President Ammann will take over Cruise self-driving car unit

By Joseph White DETROIT (Reuters) – General Motors Co <GM.N> President Dan Ammann will take over as chief executive of the automaker’s majority-owned Cruise self-driving...

Exclusive: Elliott steps in to boost Arconic’s sale process – sources

By Harry Brumpton and Liana B. Baker (Reuters) – Elliott Management Corp, the activist hedge fund that sits on Arconic Inc’s <ARNC.N> board, has stepped...

Goldman names co-chief operating officers for Asia investment banking unit, ex-Japan

(Reuters) – Goldman Sachs Group Inc <GS.N> has named Aaron Arth and Iain Drayton co-chief operating officers of its investment banking division in Asia...

Marriott to open nearly 30 business hotels in Europe in two...

(Reuters) – Marriott International Inc’s <MAR.O> plans to open nearly 30 Courtyard by Marriott hotels in Europe in the next two years, the U.S....

Former Nissan executive Kelly denies financial misconduct allegations: lawyer

By Junko Fujita TOKYO (Reuters) – Nissan Motor Co’s <7201.T> former representative director Greg Kelly denies allegations of financial misconduct at the automaker, his lawyer...

Jaguar Land Rover to lay off staff temporarily at UK plant

LONDON (Reuters) – Britain’s biggest carmaker Jaguar Land Rover <TAMO.NS> is to reduce the workforce at its plant in Solihull, central England, by about...

Barry Callebaut, Dutch partners launch sustainable mass-market chocolate

ZURICH (Reuters) – Swiss chocolate maker Barry Callebaut <BARN.S> on Thursday signed a partnership with Dutch No.1 retailer Albert Heijn to make its private-label...

Bayer looks at options for animal health, some consumer brands

FRANKFURT (Reuters) – Bayer <BAYGn.DE> said on Thursday it was looking into strategic options for its sunscreen brand Coppertone and Dr. Scholl’s foot care...

U.S. consumer spending surges, underlying inflation slows

WASHINGTON, Nov 29 (Reuters) – U.S. consumer spending increased by the most in seven months in October, but underlying price pressures slowed, with an...

Abercrombie & Fitch forecasts upbeat holiday quarter, shares soar

(Reuters) – Abercrombie & Fitch Co <ANF.N> forecast same-store sales for the holiday quarter above analysts’ estimates on Thursday, driven by strong sales at...
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