Imperial Brands hires Inchcape’s Bomhard as new CEO to revive e-cigarette sales
Cigarette maker Imperial Brands Plc named Stefan Bomhard, CEO of car dealer Inchcape , as its new chief executive on Monday to steer the company...
Global shares hit seven-week lows as virus fears savage China’s markets
World shares sank to their lowest in seven weeks on Monday, dragged down by a plunge in Asian stocks on their first trading day after...
Shares of food delivery giant Just Eat-Takeaway start trading
Shares in Just Eat-Takeaway, the company forged by Dutch online service Takeaway’s $7.8 billion acquisition of British food deliverer Just Eat, commence trading on the...
Virus fears wipe $393 billion off China’s stock market despite government support moves
Investors erased $393 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its...
Sri Lanka to probe graft accusations over Airbus deal
Sri Lanka has ordered a probe into accusations of bribery by European planemaker Airbus to pave the way for the sale of aircraft to state-run...
Julius Baer to cut 300 jobs after 2019 profit drop
Julius Baer will cut 300 jobs this year, its chief executive said on Monday, as the Swiss wealth manager looks to boost profitability after a...
Ryanair says MAX woes could delay growth plans by up to two years
Ryanair may have to push back its long-term target of flying 200 million passengers per year by as much as two years due to delays...
Coronavirus tips jet fuel margins into biggest monthly fall in over a decade
The suspension of flights to China by global airlines due to the coronavirus epidemic resulted in Asian refining margins for jet fuel in January showing...
Panasonic posts higher profit on cost cuts, improved battery business with Tesla
Panasonic Corp on Monday reported a 3% rise in third-quarter operating profit, beating analyst estimates, aided by cost cuts and an improvement at the joint...
Australia’s Westpac hit with U.S. class-action lawsuit
Investor rights law firm Bernstein Liebhard has filed a class-action suit against Australia’s No. 2 lender, Westpac Banking Corp , accusing it of failing to...