The head of Exxon Mobil’s massive exploration and production arm is retiring after more than three decades with the energy giant and will be replaced by a former General Motors executive.
Carlsberg agreed to sell its Russian Baltika Breweries business, ending a long-running legal dispute sparked after the Russian government seized control.
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.
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