Business articles

Activist targets GM share structure, board

Investor David Einhorn unveiled Tuesday a proposal Tuesday to try to boost General Motors share price by creating two classes of stock, signaling a possible battle at the carmaker’s annual meeting.

Hong Kong ends Brazil meat ban: Brasilia

Major beef market Hong Kong Tuesday ended a blanket ban imposed on Brazilian meat imports in a scandal over tainted products, Brazil’s government said.

Ford investing $1.2 bn in US auto plants

Ford announced Tuesday that it would invest $1.2 billion in three Michigan plants, part of a deal with its workers’ union struck in 2015.

EU to block LSE-Deutsche Boerse merger: sources

The EU will reject as early as Wednesday the blockbuster merger of the London Stock Exchange with Germany’s Deutsche Boerse that was caught up by the fallout from Brexit, sources said.

Turkey sends team to UK over flight ban

Turkey sent a team of experts to Britain Tuesday to try to pursuade London to lift a ban on passengers carrying large electronic devices on flights from Istanbul, the Turkish transport minister said.

Elon Musk hints at new brain-computer project

Tech entrepreneur Elon Musk hinted Tuesday that he is working on a new startup focusing on brain-computer interface, part of his vision to help humans keep up with machines.

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