Saudi Aramco is expected to give lead roles to JPMorgan, Morgan Stanley and National Commercial Bank for its planned initial public offering (IPO), a source familiar with the transaction said.
Apple Inc and manufacturing partner Foxconn Technology Co Ltd on Monday rebutted allegations of lapses in people management leveled by a non-profit monitor of worker rights, though confirmed they employed too many temporary workers.
Nissan Motor Co’s nominations committee will discuss potential successors for Hiroto Saikawa at a meeting on Monday, a source said, as pressure deepened on the embattled chief executive after he admitted to improper compensation.
Ahold Delhaize , the Dutch-American supermarket operator, said on Monday its chief financial officer will leave the company when his term expires in April 2020.
Japan’s economy grew at a slower pace than initially estimated in the second quarter as the U.S.-China trade war prompted a downward revision of business spending, intensifying calls for the central bank to deepen stimulus this month.
Asian stocks edged higher on Monday amid a cautious mood as investors pinned their hopes on expected global stimulus to support slowing growth in the world’s major economies.
German startup Volocopter said it plans to form a partnership with Zhejiang Geely Holding Group that will bring its air taxis to China and that it has raised 50 million euros ($55.13 million) in fresh funding from the Chinese company and others.
Ferrari will reveal its latest sports car on Monday as the Italian premium automaker pursues an aggressive roll-out of new models to sustain its turbo-charged core earnings and share price growth.
Asian stocks tip-toed higher on Monday amid a cautious market mood as investors hoped for stimulus to support growth in the world’s major economies.
Japan’s economy grew at a slower pace than initially estimated in the second quarter as the U.S.-China trade war prompted a downward revision of business spending, intensifying calls for the central bank to deepen stimulus this month.
Air China Ltd has no plans to take over Hong Kong’s Cathay Pacific Airways Ltd , an independent director of the state-owned Chinese carrier told the South China Morning Post newspaper.
Nissan Motor Co’s nominating committee will discuss potential successors for Chief Executive Hiroto Saikawa at a meeting on Monday, after he privately signaled his readiness to resign, a source with knowledge of the matter said.
Asian stocks eked out modest gains on Monday, amid a cautious market mood as investors pinned expectations on likely stimulus to support growth in the world’s major economies, which showed further signs of struggle.
With a giant gas project expansion in the tropical highlands of remote Papua New Guinea bogged down by politics, the country’s biggest company, Oil Search , is turning for growth to the other side of the world in Alaska’s frozen wilderness.
Nissan Motor Co’s nominating committee will discuss Chief Executive Hiroto Saikawa’s resignation and possible successors at a meeting on Monday, a source familiar with the matter told Reuters.
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