Bayer hires former J&J executive for more pharma deals
Bayer said it hired Johnson & Johnson executive Marianne De Backer to manage acquisitions and licensing deals at its drugs unit, as the German drugmaker...
Barclays, Julius Baer bolster wealth business with ex-Credit Suisse bankers
Britain’s Barclays and Switzerland’s Julius Baer have targeted Credit Suisse’s International Wealth Management business, which in July saw the departure of its head Iqbal Khan,...
Stock Futures slip as trade tensions weigh
U.S. stock index futures fell on Tuesday, as Washington’s new round of tariffs on some Chinese goods kicked in and after a report that officials...
Oil drops 2% as trade war rumbles on and output swells
Oil prices fell by 2% on Tuesday, weighed down by rising OPEC and Russian oil output as well as the protracted U.S.-China trade dispute that...
Netflix applies for license under new Turkish broadcasting rules
U.S. online streaming service Netflix has applied for a license to continue operating in Turkey under new online broadcasting rules, the head of the country’s...
Catastrophes to drive 2020 reinsurance rate price rise
Two years of higher-than-expected losses from natural catastrophes are likely to prompt average reinsurance rate renewal rises of up to 5% in January, ratings agencies...
U.S. IPOs hope for stock market volatility reprieve
U.S. companies planning to launch initial public offerings (IPOs) in the coming weeks are hoping that August’s bout of stock market volatility will subside this...
Netflix applies for Turkish online broadcasting license: TV watchdog
The head of Turkey’s television watchdog said on Tuesday that online streaming service Netflix has applied for a license under the country’s new online broadcasting...
Executive’s flight to PSA highlights Renault-Nissan alliance tensions
A senior Renault-Nissan executive has quit the troubled carmaking alliance to join Peugeot maker PSA Group , blaming Renault boss Thierry Bollore for forcing his...
Former Renault-Nissan executive Deboeuf named PSA’s industrial strategy director
Arnaud Deboeuf has left his role as a senior executive in the troubled Renault-Nissan alliance and been appointed industrial strategy director at French rival PSA...