Former Carige CEO frontrunner for head of Monte Paschi: sources
Former Carige CEO Guido Bastianini is the frontrunner to become the new head of lender Monte dei Paschi di Siena as the nomination process at...
Cash is king as U.S. quarterly reporting season gains steam
As the U.S. quarterly earnings season picks up steam next week, investors will get an early glimpse of how companies are weathering the coronavirus outbreak,...
Wall Street climbs on Boeing, Trump’s reopening plan
Wall Street bounced on Friday, boosted by a surge in Boeing shares, with President Donald Trump’s plan to reopen the economy and hopes of a...
Norwegian Air to overhaul its strategy in wake of pandemic: bondholder
Norwegian Air , which is seeking creditor support for its rescue plan, has told bondholders it will overhaul its strategy in the wake of the...
Uniper installs new directors at Fortum’s request
Uniper announced on Friday the appointment of new directors following the resignation of a raft of supervisory board members earlier this month, after Finland’s Fortum...
GM dispatches first batch of ventilators for COVID-19 patients
General Motors said on Friday it had started delivering the first batch of 54 ventilators to U.S. hospitals treating severely ill COVID-19 patients....
NYSE and Nasdaq challenger MEMX delays launch due to coronavirus crisis
The Members Exchange (MEMX), a new bourse backed by major Wall Street firms looking to take on the New York Stock Exchange and Nasdaq Inc...
GE aircraft leasing unit cancels 69 737 MAX orders
General Electric Co’s aircraft leasing subsidiary on Friday canceled 69 orders for Boeing Co’s grounded 737 MAX jets as it evaluates its order book during...
Motor maker Weg emerges as battered Brazil stock market’s champion
In a bleak year that has seen Brazil’s Bovespa slump to the worst performance of any major world stock market amid a coronavirus-linked retreat from...
Exclusive: Chinese-backed owners committed to British HQ for Imagination Tech
The Chinese-backed owners of Imagination Technologies told the British government on Friday the chip designer would remain headquartered in the United Kingdom and they would...