Mistry’s reinstatement at Tata Sons backed by tribunal
Cyrus Mistry has won backing from a tribunal for reinstatement as executive chairman of Tata Sons, the holding company behind Indian conglomerate Tata Group, lawyers...
Saturday before Christmas expected to be the biggest U.S. shopping day of 2019
U.S. retailers are expected to ring up record sales on Super Saturday this year, as fewer days than usual between Thanksgiving and Christmas have squeezed...
AIG names COO Peter Zaffino as president
American International Group Inc on Thursday named Peter Zaffino, the executive overseeing a turnaround effort of the company’s general insurance unit, as the company’s president....
World shares remain near record peaks
World stocks remained just off record highs on Wednesday after climbing for five straight sessions, while Britain’s pound nursed heavy losses as Brexit uncertainty returned....
Wall Street holiday parties try dropping booze for bootcamps, smoothies
Fruit smoothies may become the new martini for Wall Street holiday parties....
Lenovo founder Liu Chuanzhi to retire
Lenovo Group’s founder, Liu Chuanzhi, will retire at the year end as chairman of its parent Legend Holdings, the company said on Wednesday....
Oil falls as U.S. inventories rise but demand hopes stem bigger drop
Oil prices fell on Wednesday after U.S. industry data showed a surprise build up in crude inventories but losses were kept in check by expectations...
UK ad watchdog bans BAT from Instagram e-cigarette promotion
British American Tobacco (BAT) must stop advertising its e-cigarettes from any public account on Instagram, including some influencers’ accounts, the UK’s advertising watchdog ruled on...
Fiat Chrysler, Peugeot owner agree binding $50 billion merger deal
Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over their roughly $50 billion merger that will reshape the global car industry....
Fiat-PSA merger is good news for the car industry – France’s finance minister
Fiat Chrysler (FCA) and Peugeot maker PSA merger is good news for France, Europe and also for the car industry, France’s Finance Minister Bruno Le...