Reuters Before the Bell: Renault confirms Senard as new chairman, Bollore as CEO

Click to View in Browser Thursday, January 24, 2019 Renault confirms Senard as new chairman, Bollore as CEO French carmaker Renault on Thursday confirmed the appointment of Michelin's Jean-Dominique Senard as its new chairman and Thierry Bollore as new chief executive. ECB keeps policy unchanged but may acknowledge weak growth The European Central Bank left its policy stance unchanged as expected on Thursday, keeping a rate hike later this year on the table even as the euro zone economy suffers its biggest slowdown in half a decade. Statement from the ECB following policy meeting Following is the statement from the European Central Bank following its policy meeting. Chip results augur more tech gloom as slowing China weighs Somber results from chipmakers SK Hynix Inc and Texas Instruments Inc , on the heels of warnings from tech behemoths Samsung and Apple, indicate more gloom for the sector as China's economy slows to its weakest in decades. American Airlines quarterly profit rises 8.3 percent American Airlines Group Inc on Thursday reported an 8.3 percent rise in quarterly profit, helped by higher fares. Hedge fund prepares proxy fight to oust board at embattled PG&E PG&E Corp  shareholder Blue Mountain Capital Management LLC is preparing to launch a proxy fight to oust the embattled California utility owner's board, arguing that the company is harming investors with its plan to seek bankruptcy protection in the wake of catastrophic wildfires. Bayer AG unit head sees no merit in breaking up parent: FT The head of Bayer's Crop Science unit, which combines Bayer's legacy pesticides unit with the acquired Monsanto business, sees no merit in splitting up parent company Bayer, he told the Financial Times. Saudis to Davos: Move on from Khashoggi, let's do business If you somehow missed the news about the killing of journalist Jamal Khashoggi by Saudi agents and the global outcry that ensued, you might think Saudi Arabia is the darling of the World Economic Forum in Davos. Boeing's flying car lifts off in race to revolutionize urban travel Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world's largest planemaker bids to revolutionize urban transportation and parcel delivery services. Southwest Airlines flags government shutdown impact; profit beats Southwest Airlines Co said on Thursday the U.S. partial government shutdown had knocked between $10 million and $15 million off its revenue so far in January as it reported a better-than-expected fourth-quarter profit. Related Video Global economy: PMIs paint grim picture for euro zone, Japan Airbus CEO warns of 'harmful decisions' for UK jobs in a no-deal Brexit Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 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