PRESS DIGEST- Monetary Instances – Jan 11


Jan 11 (Reuters) – The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

Renault finds no evidence against Carlos Ghosn at French carmaker

on.ft.com/2H1IgmC

Ford to cut thousands of European jobs in savings drive

on.ft.com/2RK7c6g

Liberty Media discusses deal to take holding in agent to the stars

on.ft.com/2RM55ie

BlackRock cuts jobs as industry comes under pressure

on.ft.com/2RKr3SI

Overview

Renault SA said its internal investigation into its boss Carlos Ghosn has so far found no evidence of wrongdoing at the French carmaker following a board meeting in Paris on Thursday evening.

Ford Motor Co will cut thousands of jobs and slim its vehicle line-up across Europe as the U.S. carmaker pushes ahead with a $14 billion global cost-saving plan.

Liberty Media Corp is in talks to invest in Creative Artists Agency, the entertainment and sports group that represents stars from Lady Gaga to Cristiano Ronaldo, according to people briefed on the discussions.

BlackRock Inc will cut staff by 500 to free up resources to focus on priorities such as fee-rich alternative strategies and faster-growing markets. (Compiled by Bengaluru newsroom; Editing by Sandra Maler)



Source link

Be the first to comment

Leave a Reply

Your email address will not be published.


*