Wall Street backs away from Arctic drilling amid Alaska political heat
Three big U.S. banks have publicly announced break-ups with Arctic drilling in recent months, reflecting Wall Street’s increasing desire to cast itself as environmentally friendly...
Julius Baer nominates Meissner, Shih for board seats
Swiss wealth manager Julius Baer Group nominated former Bank of America Merrill Lynch investment banking head Christian Meissner and UBS Asia veteran Kathryn Shih for...
BMW says coronavirus hit China sales but sticks to 2020 global target
BMW on Tuesday said its China sales have taken a hit this year because of the new coronavirus, but stuck to its target for growing...
Toyota names new finance chief in executive shake-up
Toyota Motor Corp named Kenta Kon as its next chief financial officer on Tuesday and said it would scrap executive vice president (EVP) roles as...
Rebound rumbles on as G7 send support signal
Global stocks and commodity markets extended a tentative recovery from their coronavirus slump on Tuesday, as global policymakers signaled a united front to address the...
Tokyo 2020 Wheelchair rugby test event canceled over coronavirus concerns
The Japan Para Sports Association and Tokyo 2020 Olympic and Paralympic organizers moved to cancel this month’s wheelchair rugby test event on Tuesday due to...
Swiss Re lines up UBS CEO Ermotti to become chairman in 2021
Swiss Re plans to make UBS Group Chief Executive Sergio Ermotti its chairman from next year, the world’s second-biggest reinsurer said on Tuesday, turning to...
J&J ordered to pay $1.7 million to three Australian women in pelvic mesh class action
An Australian court on Tuesday ordered Johnson & Johnson to pay three women a total of A$2.6 million ($1.7 million) plus legal costs as compensation...
Emirates airline asks staff to take one month unpaid leave over coronavirus
Major international airline Emirates is asking staff to take unpaid leave for up to a month at a time due to the rapidly spreading coronavirus...
Lindt promises sweet dividend and further growth
Swiss chocolate maker Lindt & Spruengli on Tuesday proposed a sweeter payout to shareholders, increasing its dividend by 75% to mark its 175th anniversary....