Wells Fargo CEO search hobbled by pay limitations: sources
(This May 10th story corrects paragraph 7 to say Wells Fargo may need to match stock-based compensation a candidate has...
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Foxconn's chip boss tipped to be Taiwanese group's next chairman: sources
The world's largest contract manufacturer Foxconn is poised to nominate the head of its chip business as chairman t...
Exclusive: China's BAIC seeks to buy 5 percent Daimler stake - sources
China's BAIC Group is seeking to buy a stake of up to 5 percent in Daimler as a way to secure its investment in Chi...
India sees little scope for Jet Airways revival: government sources
India's government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, two senior finance ministr...
Exclusive: Tesla expects global shortage of electric vehicle battery minerals - sources
Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals down the road due to un...
U.S. House panel aims for May 15 hearing on Boeing 737 MAX: sources
The U.S. House Transportation and Infrastructure Committee is tentatively planning a May 15 hearing on the now grounded...
Starbucks' China challenger Luckin to raise up to $800 million in U.S. IPO: sources
Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, filed on Monday for a U.S. initial public offering (IPO) th...
Exclusive: Tereos still searching for wider funding - sources
(Corrects headline and paragraph 1 to make clear that syndication process is ongoing, to make clear in paragraph 5 that...
India's Jet Airways faces imminent shutdown without emergency funds -sources
India's Jet Airways Ltd will be forced to shut down as soon as Wednesday if it does not get emergency funding from...
AB InBev adds Citi, BAML to banks working on $5 billion Asian IPO: sources
The world's biggest brewer, Anheuser-Busch InBev, has added Citigroup and Bank of America Merrill Lynch to the team...
Boeing software engaged repeatedly before crash: sources
Boeing anti-stall software on a doomed Ethiopian Airlines jet re-engaged as many as four times after the crew initially...
Exclusive: Airbus China order padded by old or incomplete deals - sources
A landmark order from China for 300 Airbus jets signed during a state visit last week was bolstered by repeat announceme...
Exclusive: Telecom equipment provider Avaya considers leveraged buyout - sources
Telecommunications equipment and software vendor Avaya Holdings Corp is considering a leveraged buyout offer from a priv...
Citi fires eight Hong Kong traders after review finds misconduct: sources
Citigroup Inc has fired eight bankers and suspended three others from its equities trading desk in Hong Kong after an in...
Lyft to launch road show for up to $2 billion IPO: sources
Ride-hailing platform Lyft Inc will launch the investor road show for its initial public offering on Monday, seeking to...
Exclusive: Eldorado Resorts, Caesars explore merger - sources
U.S. casino operators Eldorado Resorts Inc and Caesars Entertainment Corp are in the early stages of exploring a merger,...
China customs lifts suspension on Tesla Model 3 imports: sources
China's customs authority has lifted their suspension on imports of Tesla's Model 3 after the U.S. electric ca...
Exclusive: EDP readies sale of electricity generation assets in Portugal - sources
EDP-Energia de Portugal is working on a plan to sell some of its electricity generation assets in Portugal, three source...
Exclusive: OxyContin maker Purdue Pharma exploring bankruptcy - sources
OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from...
Exclusive: KKR, China's Tencent eyeing bids for Universal Music - sources
U.S. buyout fund KKR and China's Tencent Music Entertainment Group are exploring rival bids for up to half of Viven...