Volvo replaces CEO, first quarter core profit tops forecast

STOCKHOLM (Reuters) - Volvo said on Wednesday it had appointed the head of Volkswagen-owned Scania as its new top executive, replacing the embattled Olof Persson who for nearly four years led a sweeping efficiency drive at the global truck maker.

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Yum CEO says China business mending, sees strong year-end finish

(Reuters) - Yum Brands Inc , owner of KFC and Pizza Hut chains, on Tuesday said business in its biggest market China is recovering from a meat scare at one of its minor suppliers and that the division would finish the year strong.

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Chairman Piech's grip on Volkswagen weakened by row with CEO

BERLIN/HAMBURG (Reuters) - Volkswagen Chairman Ferdinand Piech's iron grip on the German carmaker has been severely weakened following a dramatic confrontation with senior board members last week that nearly resulted in a push to oust him, sources told Reuters.

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VW in full-blown crisis as CEO vows to fight: sources

BERLIN (Reuters) - Volkswagen has plunged into a full-blown leadership crisis after Chief Executive Martin Winterkorn let it be known on Saturday he will fight for his job even though the carmaker's chairman has reportedly withdrawn confidence in the CEO.

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ECB gave no deadline for Monte Paschi to find buyer: CEO

MILAN (Reuters) - The European Central Bank has not set a deadline for Italian bank Monte dei Paschi di Siena to find a buyer but wants to see precise steps in this direction, the lender's chief executive said on Thursday.

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Fiat Chrysler wants to play major role in industry consolidation: CEO

AMSTERDAM (Reuters) - Chief Executive Sergio Marchionne wants Fiat Chrysler Automobiles (FCA) to play a key role in a consolidation of the global auto industry which he sees as inevitable to manage prohibitive capital costs.

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Carlyle Group names ex-Wal-Mart CEO Duke as operating executive: WSJ

(Reuters) - Carlyle Group LP has enlisted Mike Duke, former chief executive of Wal-Mart Stores Inc , to the executive team that the asset management firm taps for advise on deals, the Wall Street Journal reported.

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