Reuters Business Today: May 22, 2017

Click to View in Browser Monday, May 22, 2017 Ford replaces CEO Fields as challenges mount WASHINGTON/PARIS (Reuters) - Ford Motor Co on Monday said it was replacing Chief Executive Officer Mark Fields with James Hackett, the head of the unit developing self-driving cars, in response to investors' growing unease over the U.S. carmaker's stock performance and prospects. China slaps import duties on sugar; experts question impact BEIJING (Reuters) - China said on Monday it will impose hefty penalties on sugar imports after lobbying by domestic mills, but experts said the ruling may not go far enough to stem the flow of lower-priced sweetener into the world's top importer. Ahead of Exxon's annual meeting, climate activists gain ground BOSTON (Reuters) - Shareholder activists focused on climate issues are gaining traction in their push to have large energy companies and utilities take account of the impact rising global temperatures could have on their businesses. Europe stutters as political rumblings return LONDON (Reuters) - European shares, the euro and the pound all stumbled on Monday as rumblings in Spain, Britain and Brussels reminded investors that the region still has plenty of political uncertainty left in the tank. Shareholders take Akzo Nobel to court to oust Chairman Burgmans AMSTERDAM (Reuters) - Akzo Nobel shareholders angered by the Dulux owner's rejection of a 26.3 billion euro ($29.5 billion) takeover offer from U.S. rival PPG Industries took their fight to an Amsterdam court on Monday. Germany's Schaeuble hopes for a deal on Greece on Monday BRUSSELS (Reuters) - German Finance Minister Wolfgang Schaeuble said he hoped for a political agreement on Monday that would allow euro zone governments to pay out the next tranche of loans to Greece. Long seen as partners, Huntsman and Clariant seal $14 billion merger ZURICH/FRANKFURT (Reuters) - U.S.-based Huntsman Corp and Swiss Clariant AG are combining to create a chemical manufacturer with a market value of over than $14 billion, the deal coming together after years of tentative mutual approaches. EU to conclude Google antitrust cases in next few months OXFORD, England (Reuters) - EU antitrust regulators will rule in the "next few months" whether Alphabet's Google abused its dominance of internet searches and other areas, a senior European Commission official said on Monday, an outcome that could lead to a hefty fine. China tells U.S. trade representative stronger cooperation needed BEIJING (Reuters) - China's commerce minister Zhong Shan told new United States Trade Representative Robert Lighthizer the two sides should strengthen cooperation and manage disputes in trade, according to a statement on the website of China's Ministry of Commerce on Monday. Chinese regulator approves VW-JAC Motor electric car venture BEIJING (Reuters) - Germany's Volkswagen AG and Anhui Jianghuai Automobile Group (JAC Motor) have received approval from Chinese regulators to form a joint venture to make electric vehicles, the two automakers said on Monday. Related Video Cathay Pacific makes biggest job cuts in 20 years Asia trade deal in focus as US sticks to old script Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook