Renault-Nissan's Problem: There's Only One Ghosn

Carlos Ghosn is stepping down as CEO of Nissan to focus on its global alliance with Renault and Mitsubishi, highlighting the group' challenges in finding a successor for the storied executive.

 
Vivendi's Full-Year Revenue Beat Estimates

Vivendi's full-year earnings topped analysts' estimates as its Universal Music Group unit was lifted by a jump in online streaming and subscriptions.

 
Boston Scientific Recalls Lotus Heart Valve Device

Boston Scientific Corp. said Thursday it has recalled all of its Lotus Valve heart devices from commercial and clinical sites in Europe because of manufacturing defects.

 
Google Team Cracks Longtime Pillar of Internet Security

A cryptographic technology long central to internet security has been dealt a knockout blow by researchers at Google and a Dutch research institute.

 
Terra Firma Starts Sale Process for U.S. Wind-Energy Business

U.K. private-equity firm Terra Firma Capital Partners has launched a sale process for its U.S. wind-energy business, according to a person familiar with the matter, amid efforts by governments to reduce carbon emissions.

 
Rocket Internet Fizzles as Biggest Investor Halves Stake

A collaboration that created some of Europe's largest e-commerce businesses moved closer to dissolution when Swedish investment group Kinnevik announced it had halved its holding in Rocket Internet.

 
AMC Networks' Sales Top Views

AMC Networks said its fourth-quarter sales rose more than expected, helped by increased distribution and advertising revenue.

 
Malls' Woes Hurt Victoria's Secret, Bath & Body Works

Dwindling traffic at U.S. shopping centers has caught up with Victoria's Secret and Bath & Body Works, two retail stalwarts that previously shrugged off the trend.

 
Barclays Swings to Profit as Sweeping Overhaul Nears End

Barclays swung to a full-year net profit as the bank's management said it was just months away from finishing a restructuring program.

 
Peugeot Resumes Dividend as Profit Jumps

Peugeot, the French car maker in advanced talks to buy the European operations of General Motors, will pay its first dividend for six years after posting a sharp rise in net profit for 2016.

(END) Dow Jones Newswires

February 23, 2017 15:00 ET (20:00 GMT)

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