Feb 6 Reuters Tyson Foods Inc widely missed Wall Street estimates for quarterly profit on Monday and cut its expectations for operating margins this year in the face of falling beef prices and easing demand for pork. The results sent the U.S. meatpacker39;s shares down more than 5 in premarket trade. A year earlier Tyson39;s profits […]

Feb 6 Reuters Dell Technologies Inc is cutting about 6,650 jobs, or 5 of its global workforce, as it struggles with a slump in the personal computer market and braces for a potential recession. The move on Monday aligns Dell with a raft of U.S. companies from Goldman Sachs Group Inc to Alphabet Inc that have laid off […]

LONDON, Feb 6 Reuters Barclays39; coheads of equities, Todd Sandoz and Paul Leech, have stepped down from their roles and left the bank, a company spokesperson said on Monday, as the British bank continues a reshuffle of its investment bank39;s management. Stephen Dainton, who has run the business in the past, has taken over as interim […]

MELBOURNE, Feb 6 Reuters Breakingviews Whats a company to do when a rival is looking for a new chief executive amidst some production snafus? Buy it, of course. Thats precisely what Newmont boss Tom Palmer has just done, offering 17 billion in stock for Australian gold excavator Newcrest Mining. At present Newmont is offering a 22 premium to the targets undisturbed […]

LONDON, Feb 6 Reuters Nissan and Renault on Monday unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15 in Renault39;s electric vehicles unit Ampere. The alliance junior partner Mitsubishi Motors will also consider investing in Ampere, which Renault aims to list, the companies said in a statement. […]