Arla’s CFO steps down to take up position at Ahold Delhaize
Arla Foods, one of the world’s largest dairy firms, said on Tuesday that Chief Financial Officer Natalie Knight will leave the company at the end...
Sunrise’s $6.4 billion takeover of UPC teeters as rights issue collapses
Sunrise Communications Group bowed to investor pressure on Tuesday and scrapped a rights issue needed to complete its 6.3 billion Swiss franc ($6.39 billion) acquisition...
Fintech Revolut to launch in the U.S. by year-end with Mastercard deal
Digital banking app Revolut is set to begin issuing its cards in the United States by the end of this year via a partnership with...
Infosys probes alleged ‘unethical practices’ by top officials; shares sink
Infosys Ltd said it was investigating whistleblower claims accusing its top two executives of “unethical practices” to boost short-term profit, sending its shares to their...
UBS, authorities eye client overcharges in Singapore and Hong Kong
UBS is working with relevant authorities to address inappropriate spreads it may have charged wealthy clients whose money was booked in Hong Kong and Singapore...
Renault chairman can ‘never say never’ on Fiat but deal not on table
Renault Chairman Jean-Dominique Senard said on Tuesday that a possible deal with Italian carmaker Fiat was not on the table for now, although he did...
Walmart chief seeks stable business environment from India’s Modi: ET
Walmart Inc’s chief executive has written to Prime Minister Narendra Modi seeking certainty and predictability in India’s business environment, the Economic Times newspaper reported on...
Asia looks on bright side of Brexit, trade talks
Asian shares made guarded gains on Tuesday amid optimism about prospects for a Sino-U.S. trade deal, while investors were sanguine yet another vote on Brexit...
Infosys starts probe into alleged ‘unethical practices’ by CEO; shares tank
Infosys Ltd said on Tuesday it was investigating allegations of “unethical practices” by Chief Executive Officer Salil Parekh after receiving whistleblower complaints last month, sending...
Oil steady on weak demand concerns despite U.S.-China trade optimism
Oil prices were little changed Tuesday as lingering worries over a global economic slowdown that could hurt oil demand offset some signs of progress in...