Snap Inc. Chief Strategy Officer Imran Khan is leaving the company the pursue other opportunities. This has been a very difficult decision for me to make. There is never a perfect time to say goodbye, but I know that the time is now. …read more […]
Activist fund Elliott on Monday struck back at Vivendi after its accusations over the management and share price performance at Telecom Italia since the U.S. fund staged a boardroom coup at the Italian firm.
BEIJING/SHANGHAI (Reuters) – Unlike his charismatic boss, Jack Ma, Alibaba chief executive Daniel Zhang isn’t usually one to grab the limelight, let alone make kung fu movies with superstars or dance in public. “We don’t know much about (Zhang) even though he’s been CEO for a while, because he’s by nature a very low-key person, low profile. The handover of power, the first such transition for any of China’s major tech firms, will see Zhang, 46, elevated to the top of a sprawling empire that spans e-commerce, payments, fast food delivery and brick-and-mortar retail. …read more […]
Just when I thought the Elon Musk news cycle might come back to earth for a few days, it erupted, into the stratosphere, yet again. Then Musk went on the wildly popular Joe Rogan Experience podcast, where he sipped whiskey and took a drag of a blunt containing tobacco mixed with marijuana. You probably can’t because stockholders, right?” Rogan asked, giving Musk the perfect out. …read more […]
Volkswagen went on trial on Monday to face investors seeking 9.2 billion euros ($10.6 billion) in compensation, arguing the carmaker should have informed shareholders earlier about its diesel emissions scandal.
Sep.10 — Christopher Grisanti, chief executive officer at Grisanti Capital Management, explains why he still expects to see good things from shares of Apple Inc. He speaks with Bloomberg’s Tom Keene on “Bloomberg Surveillance.” …read more […]
Volvo Cars and its owner Geely said on Monday they had postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks.
Brian Duperreault, who rejoined American International Group Inc as chief executive officer last year to turn the company around, remembers another era when the insurer was trying to blaze a trail toward greatness.
Unlike his charismatic boss, Jack Ma, Alibaba chief executive Daniel Zhang isn’t usually one to grab the limelight, let alone make kung fu movies with superstars or dance in public.
The dramatic confirmation hearings for Judge Brett Kavanaugh’s nomination to the Supreme Court may not have changed the outcome, but both parties used them to achieve important political goals. Photo: Getty …read more […]
World shares were flirting with their longest run of declines since early 2016 on Monday, hit by rising anxiety about the U.S.-China trade war and another interest rate increase by the Federal Reserve later this month.
Oil prices rose on Monday as U.S. drilling stalled and as investors anticipated lower supply once new U.S. sanctions against Iran’s crude exports kick in from November.
Chinese carmaker Geely [GEELY.UL] is delaying plans to list Volvo Cars [IPO-VOLVO.ST] due to uncertainties created by escalating trade tensions and the need to bolster the Swedish brand’s presence in China, said a person familiar with the matter.
Luxury goods group Richemont has ample liquidity and financial flexibility after raising 4 billion euros ($4.63 billion) in capital markets this year, its chairman and controlling shareholder told the group’s annual general meeting on Monday.
Volkswagen went on trial on Monday to face investors seeking 9.2 billion euros ($10.6 billion) in compensation, arguing the carmaker should have informed shareholders earlier about its diesel pollution scandal.
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