Business

May 12 (Reuters) – Elon Musk has named former NBCUniversal advertising chief Linda Yaccarino as Twitter’s new CEO, as the company tries to reverse a plunge in ad revenue.Yaccarino will take over a social media platform beset with challenges and a heavy debt load, after she spent several years modernizing the advertising business at NBCUniversal,… […]

May 12 (Reuters) – Elon Musk’s appointment of a new Twitter chief may free up the billionaire from a major distraction and allow him to focus more on Tesla Inc (TSLA.O), analysts said on Friday.Tesla shares, which have gained 40% this year, reversed course to trade down about 2% as broader markets fell. The stock… […]

[1/2] A Turkish Airlines Airbus A330-300 plane takes off from the city’s new Istanbul Airport in Istanbul, Turkey, April 6, 2019. REUTERS/Umit Bektas/File PhotoPARIS, May 12 (Reuters) – Planemakers can’t build them but airlines can’t stop buying them.Even as they wrestle with industrial problems preventing the delivery of jets sold before the pandemic, Airbus (AIR.PA)… […]

SAO PAULO, May 12 (Reuters) – Deforestation in Brazil’s Amazon rainforest fell 68% in April from the previous year, preliminary government data showed on Friday, a positive reading for President Luiz Inacio Lula da Silva as it represents the first major drop under his watch.Lula won last year’s election pledging to end deforestation after years… […]

Gupta to step down from BoD on June 27 when term expiresNot immediately clear if Gupta to remain as COO -spokespersonNissan nominates IBM veteran as outside directorTwo other directors to step down from boardNissan to bring back board to 10 from 12 membersTOKYO, May 12 (Reuters) – Nissan’s Chief Operating Officer Ashwani Gupta will not… […]