Tim Davie appointed as new head of the BBC
Tim Davie has been appointed the new head of the BBC and will take over the role at the start of September, the publicly funded...
Bombardier to cut 2,500 aviation jobs as COVID-19 hurts sales
Canadian business jet maker Bombardier Inc said on Friday it would reduce its aviation unit workforce by about 2,500 employees, as the COVID-19 pandemic hurts...
Volkswagen AG expands executive committee of supervisory board
German car maker Volkswagen AG said on Friday that it had added two members to the executive committee of its supervisory board....
British Airways parent company considering legal challenge to UK quarantine rules
The owner of British Airways is considering launching a legal challenge against the UK’s looming quarantine plan, its chief executive said, warning that the new...
Allianz in talks for China insurance asset management licence
Allianz is in talks with Chinese regulators for a licence as the German insurer looks to eventually offer broad asset management services in the world’s...
BofA sees 10% further upside for European equities by third-quarter
European stocks are likely to rise another 10% by the end of September as the re-opening of economies after virus lockdowns is likely to lead...
Global stocks and euro surge ahead of U.S. jobs data
World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe’s stimulus boost, fuelling hopes...
Virtual certainty? Bankers ask if success of remote roadshows will last
Who needs expensive lunches at glitzy hotels and fancy restaurants to court investors for bond deals or the sale of new shares on the stock...
Exclusive: Unfazed by pandemic, Bank of Japan to keep economic recovery view – sources
The Bank of Japan is likely to maintain its projection that the economy will gradually recover in the latter half of this year, four sources...
Oil rises as traders await OPEC+ meeting on extending supply cuts
Oil prices moved higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil...