Thursday, 18 April 2019

GM CEO Barra's pay dipped slightly to just under $22 million in 2018

GM CEO Barra's pay dipped slightly to just under $22 million in 2018

General Motors Co's top executive, Mary Barra, received a compensation package worth just under $22 million in 2018, slightly less than the previous year, according to the No. 1 U.S. automaker's proxy statement released on Thursday.

New North American trade deal would boost U.S. economy, U.S. commission finds

The U.S. International Trade Commission estimated the proposed new North American free trade deal would modestly boost the U.S. economy but could reduce U.S. vehicle production.

Hudson Media chief James Cohen to buy National Enquirer

American Media Inc (AMI) said on Thursday it is selling its tabloid the National Enquirer to James Cohen, chief executive officer of Hudson Media.

U.S. lawmakers to get long-awaited analysis of new NAFTA deal

U.S. lawmakers and economists are awaiting a key analysis of the economic impacts of the new North American trade deal, expected to be published late on Thursday and to show minimal gains at best for the United States.

Automakers invest heavily in electric vehicles despite still-low demand

Demand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience.

Pinterest, Zoom shares surge in market debut after IPOs

Shares of Pinterest Inc surged 25 percent in their debut on Thursday, giving the online scrapbook company a market capitalization of $15.8 billion and signaling increased investor appetite for new tech listings.

Exclusive: Venezuela skirts U.S. sanctions by funneling oil sales via Russia

President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to evade U.S. sanctions designed to oust him from power, according to sources and documents reviewed by Reuters.

Wall Street gains on positive earnings, upbeat data

Industrials led Wall Street higher on Thursday in the wake of upbeat economic data and a string of healthy corporate earnings.

Stocks mixed as strong U.S. retail sales offsets weak European manufacturing data

A gauge of global stocks fell on Thursday after underwhelming manufacturing surveys from Asia and Europe, though they pared losses as Wall Street edged higher on strong U.S. retail sales data and earnings from industrial companies.

EssilorLuxottica shareholder body propose independent director to ease deadlock

Valoptec International which represents employees and former employees of Ray Ban maker EssilorLuxottica has proposed the appointment of an additional independent director to the group's board in a bid to resolve governance issues.

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