Activist investor Elliott seeks boardroom shakeup at Alliance Trust

Activist Elliott Advisors, the largest individual shareholder in Alliance Trust PLC (ATST.L), is seeking support from fellow investors for a boardroom reshuffle following a phase of unsatisfactory engagement with executives over poor performance.


KKR, Varde, Deutsche seek to securitize $5.3 billion of GE Capital debt

A group comprising KKR & Co, Varde Partners and Deutsche Bank are looking to securitize about A$7 billion ($5.33 billion) of debt they acquired from a unit of GE, three sources with knowledge of the matter said.

Boeing production czar says planemaker won't repeat errors

Boeing Co (BA.N) is well-positioned to hit record production targets for its popular 737 jetliner by 2018, having learned from past mistakes, the head of its industrial system told Reuters.

China consumer show targets Volkswagen, Nissan, Mercedes

Car makers, including Volkswagen AG (VOWG_p.DE), Nissan Motor Co (7201.T) and Daimler AG's (DAIGn.DE) Mercedes Benz, said they are probing allegations aired late on Sunday by Chinese state TV that the firms oversold repairs and spare parts to drivers.


Latest News

At more than 15 percent of his fund's assets, John Burnham, manager of the $136 million Burnham Fund, has a larger stake in Apple Inc than any other diversified fund.
Greece's liquidity problems are "insignificant", the country's finance minister said on German television on Sunday, pledging that the Greek government would take all steps necessary to repay its debts.
Thousands of people are expected to march in Frankfurt on Wednesday to protest against austerity policies they blame on the European Central Bank, as the ECB inaugurates its new high-rise headquarters.
Oil prices have started to stabilize around $60 a barrel in past weeks and will continue to firm up, while crude demand will grow stronger, an adviser to Saudi Arabia's oil minister said on Sunday.
For a world economy coming to terms with a soaring dollar and a plunge in oil prices, this week will be all about the U.S. Federal Reserve's policy meeting and its intentions on interest rates.
Boeing Co (BA.N) has started using a new automated system to build wing panels for 737 jetliners, an important step in preparing to hit record production speeds while introducing new models of the popular plane.
Thousands of fans turned out on Saturday for the first Formula E electric car race in the United States, with organizers saying the event along downtown Miami's bayfront would help boost more energy efficient mainstream automobile technology.
Australia expects to make a decision within weeks on whether it will seek to join the China-backed Asian Infrastructure Investment Bank (AIIB), Prime Minister Tony Abbott said on Saturday.
British finance minister George Osborne will allow pensioners to cash in annuities in exchange for lump sums in his annual budget next week, British newspapers reported, in a move designed to woo voters before a May national election.
China has a lot of room to maneuver its policy and boost its economy having avoided using strong, short-term stimulus in recent years, Premier Li Keqiang said on Sunday, in a rare suggestion that authorities can do much more to stoke growth.