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LVMH shareholders agree Bernard Arnault can remain CEO until he is 85

PARIS (Reuters) – LVMH shareholders on Thursday voted to allow Bernard Arnault, 76, to remain at the helm of the world’s largest luxury group until he’s 85. The shareholders approved a change to company bylaws that raises the maximum age of ...
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Exclusive-Musk’s SpaceX is frontrunner to build Trump’s Golden Dome missile shield

By Mike Stone and Marisa Taylor WASHINGTON (Reuters) – Elon Musk’s SpaceX and two partners have emerged as frontrunners to win a crucial part of President Donald Trump’s “Golden Dome” missile defense shield, six people familiar with the matter said. Musk’s rocket ...
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US stock futures bounce back after selloff with Japan trade talks in focus

(Reuters) – U.S. stock index futures rose on Thursday, as investors cautiously welcomed tariff talks between the U.S. and Japan on the final trading day of the week, recovering some ground after sharp losses in the previous session. U.S. ...
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Renault chairman Senard to step down from Nissan’s board

TOKYO (Reuters) -Renault Chairman Jean-Dominique Senard is to step down from Nissan’s board of directors, the Japanese automaker said on Thursday, as the company tackles its declining performance. Senard, who served as Nissan’s vice chairman, will resign at the end of the annual ...
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Ford to recall more than 123,000 vehicles, NHTSA says

(Reuters) – Ford Motor is recalling 123,611 vehicles in the U.S. due to a fluid leak that could reduce braking performance and increase stopping distance, the National Highway Traffic Safety Administration said on Thursday. The recall affects certain 2017–18 Ford F-150, ...
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China releases guidelines to facilitate cross-border flows of financial data

BEIJING (Reuters) – China has released guidelines to facilitate more efficient and standardised cross-border flows of Chinese and foreign financial institutions’ data, the central bank announced on Thursday. The guidelines, jointly released by six government agencies including the People’s Bank of ...
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Exclusive-Japan finance minister ‘deeply concerned’ over Trump tariff impact

By Takaya Yamaguchi, Leika Kihara and Makiko Yamazaki TOKYO (Reuters) – Japan is “deeply concerned” over global economic fallout from U.S. President Donald Trump’s trade tariffs, Finance Minister Katsunobu Kato said on Thursday in the government’s strongest warning yet as the ...
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Japan’s Bridgestone more than halves value of bond offering to $350 million, say sources

By Miho Uranaka and Anton Bridge TOKYO (Reuters) – Japan’s Bridgestone has more than halved the value of a planned bond offering to around 50 billion yen ($350.56 million), two sources with knowledge of the matter said. The company has also decided ...
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Kenya land standoff sends warning to foreign-owned tea estates

By Jefferson Kahinju, Aaron Ross and Monicah Mwangi NANDI HILLS, Kenya (Reuters) – A dispute between a British-owned tea plantation and a local community in western Kenya has come to the boil in what could be a sign of turbulent times ...
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European firms rethink cloud provider choices amid trade war, OVHCloud CEO says

(Reuters) – The CEO of OVHCloud, a leading European data centre provider that operates 43 facilities across four continents, said on Thursday that global trade tensions were making European companies rethink their choice of cloud provider from a more strategic ...
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Investors seeks review of Australia’s listing rules, say James Hardie-AZEK deal to hurt

(Reuters) – A group of investors has called for a review of Australia’s listing rules, claiming it was “unreasonable” that companies were allowed to issue a large amount of shares to fund their acquisitions without a shareholder vote. The investors wrote ...
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Pernod’s sales miss forecasts as tariffs weigh on spirits sector

By Emma Rumney LONDON (Reuters) -Pernod Ricard reported a 3% decline in third-quarter sales on Thursday, missing forecasts as tariff uncertainty rocks the already-struggling spirits sector. Analysts had expected Pernod, the world’s No. 2 Western spirits maker, which produces Jameson Irish whiskey and Mumm champagne, ...
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