Departure of Nissan’s Saikawa hastened by independent directors: sources
The fate of Nissan CEO Hiroto Saikawa was sealed by two external directors who persuaded the board on Monday to oust the company veteran and...
ECB to turn stimulus taps back on as economy slows
The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves...
Walmart expands ‘unlimited’ grocery delivery as competition heats up
Walmart Inc said on Thursday it would expand the roll out of its “unlimited” grocery delivery service to 1,400 stores across the United States, as...
ECB turns stimulus taps up with indefinite bond buys
The European Central Bank approved fresh stimulus measures on Thursday to prop up the ailing euro zone economy, cutting rates deeper into negative territory and...
LSE board poised to decide fate of Hong Kong exchange’s $39 billion offer
The London Stock Exchange’s board will meet in coming days to make a decision on the Hong Kong bourse’s surprise $39 billion takeover proposal, a...
Trade war thaw and ECB stimulus hopes buoys stocks
World stocks climbed to their highest in six weeks on Thursday as the European Central Bank prepared to offer new stimulus measures and the United...
BAT stubs out 2,300 jobs as new CEO tackles tobacco sector changes
British American Tobacco plans to lay off 4% of its workforce, including a fifth of senior managers, as recently-promoted chief executive Jack Bowles grapples with...
Huawei’s device business earned 11 billion yuan in first half of 2019: filing
Huawei Technologies’ device business, comprising mainly smartphones, made a 11 billion yuan ($1.55 billion) profit in the first half of this year – as much...
Nigeria and Iraq pledge to cut output to meet OPEC targets
Iraq’s and Nigeria’s oil ministers pledged on Thursday to reduce oil output to comply with their OPEC output targets....
China says firms have started inquiring about U.S. agriculture buys
China’s Commerce Ministry said on Thursday that Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, in a further sign of...