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FedEx will eliminate top positions as part of a bigger personnel cut

FedEx Corp (FDX.N) announced on Wednesday that it would trim its officer & director ranks by even more than 10% as part of a...

Distributors prepare for Musk’s demand for concessions; Tesla sparks an EV cost battle

Suppliers to Tesla Inc. (TSLA.O) are preparing for heat from Elon Musk and his crew to further reduce their costs after the electric car...

Nissan and Renault rethink their partnership

On Monday, the French automaker Renault (RENA.PA) and its Japanese ally Nissan (7201.T) reached a comprehensive agreement to restructure their 20-year alliance, putting them...

Global 2% inflation objective and New Zealand: the mice that cried

A few relatively young central bank and Treasury experts in New Zealand were struggling to control double-digit inflation in an economy that was less...

Adani responds to Hindenburg by asserting that it made all data

On Sunday, Adani Group responded in-depth to a study by Hindenburg Research that had caused a $48 billion decline in its stock, claiming that...

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