Gap CEO exiting as forecast cut casts doubt on turnaround
Gap Inc said on Thursday Chief Executive Officer Art Peck will leave the company, a surprise exit in the middle of a restructuring that comes...
Trade war caution takes edge off stellar rally in world stocks
Uncertainty about the fate of U.S./China trade talks nudged world stock markets off 21-month highs on Friday after what has proved to be stellar week...
Merged PSA and Fiat would retain all brands: Tavares
Peugeot maker PSA Group and Fiat Chrysler would retain all of their car brands if their planned $50 billion merger goes ahead, the would-be chief...
Old Navy spin-off in doubt after Gap’s Peck departs: analysts
Shares of Gap Inc fell nearly 10% on Friday, as the surprise departure of Chief Executive Officer Art Peck and persistent declining sales, threw the...
Wall Street Weekahead: Small-cap shares poised to benefit from shift to value
Beleaguered shares of small U.S. companies are set for a bump in performance as value stocks have risen, market analysts say, but small caps could...
Exclusive: Sudan needs up to $5 billion in budget support to prevent collapse
Sudan needs up to $5 billion in budget support to avert economic collapse and launch reforms after the ouster of veteran ruler Omar al-Bashir, its...
Culture change is the cutting edge of mental health benefits at work
When Hartmut Braune comes to work in security communications at SAP, he never knows what emergency will land in his inbox....
Cathay Pacific to allocate half of A321neo order to budget carrier
Hong Kong’s Cathay Pacific Airways Ltd said on Friday it would allocate half of its order for 32 Airbus SE A321neos to its recently-acquired low-cost...
EasyJet buys Thomas Cook airport slots at Gatwick and Bristol for $46 million
British budget airline easyJet has bought failed travel company Thomas Cook’s take-off and landing slots at London Gatwick and Bristol airports for 36 million pounds...
Fiat Chrysler chairman says ‘great opportunities’ from Peugeot tie up
Italian carmaker Fiat Chrysler will be able to “seize great opportunities” from a merger with Peugeot owner PSA , its chairman John Elkann said on...