Business News
M&S CFO Humphrey Singer to quit his role
Marks & Spencer Group Plc said on Saturday its Chief Financial Officer Humphrey Singer has decided to leave the company.
Month: September 2019
Business News
M&S CFO Humphrey Singer to quit position: Sky News
Marks & Spencer Group Plc’s Chief Financial Officer Humphrey Singer is quitting after less than 18 months in the company, Sky News’ Mark Kleinman said in a tweet on Saturday.
Business News
Thomas Cook has approached UK government for bailout funds: FT
Britain’s Thomas Cook Group Plc has approached the UK government for a bailout in an attempt to save itself from collapse after its lenders threatened to pull out of a proposed rescue deal, the Financial Times reported late on Friday.
Business News
China, U.S. had ‘constructive’ trade talks in Washington: Xinhua
China and the United States had “constructive” discussions on trade in Washington, state news agency Xinhua said on Saturday.
Business News
Delaware judge says Tesla board must face trial over Musk’s mega-pay package
A Delaware judge ruled on Friday that Tesla Inc’s board of directors must defend at a trial Chief Executive Elon Musk’s multibillion dollar pay package, which a shareholder lawsuit said unjustly enriched the head of the electric vehicle company.
Business News
U.S. trade regulators approve some Apple tariff exemptions amid broader reprieve
U.S. trade regulators on Friday approved 10 out of 15 requests for tariff exemptions filed by Apple Inc amid a broader reprieve on levies on computer parts, according to a public docket published by the U.S. Trade Representative and a Federal Register notice.
Business News
Delaware judge says Telsa board must face trial over Musk’s mega-pay package
A Delaware judge ruled on Friday that Tesla Inc’s board of directors must defend at a trial Chief Executive Elon Musk’s multibillion dollar pay package, which a shareholder lawsuit said unjustly enriched the head of the electric vehicle company.
Business News
U.S., China held ‘productive’ talks, still plan October meeting: USTR
U.S. and Chinese deputy negotiators held “productive” talks in Washington this week aimed at improving their trade relationship, the U.S. Trade Representative’s office said on Friday without offering further details.
Business News
U.S. trade regulators approve some Apple tariff exemption requests
U.S. trade regulators on Friday approved 10 out of 15 requests for tariff exemptions filed by Apple Inc.
Business News
Few U.S. lawmakers hit ‘like’ button after Facebook CEO visits Capitol Hill
Facebook CEO Mark Zuckerberg wrapped up three days of discussions with Washington movers and shakers on Friday, with few if any indications he had won new “friends” to help the top social media company deal with multiple probes by Congress, state attorneys general and federal regulators.
Business News
Exclusive: Fitbit considers whether it should explore a sale – sources
Wearable device maker Fitbit Inc has been in talks with an investment bank about the possibility of exploring a sale amid challenges in successfully pivoting from fitness trackers to smartwatches, people familiar with the matter said on Friday.
Business News
Warren, Sanders to visit striking GM workers as dispute continues
Two major Democratic presidential candidates plan to visit striking General Motors workers in Detroit in the coming days as a five-day-old labor dispute threatens to enter its second week.
Business News
Stocks fall as China cancels U.S. farm visits, yields dip
An index of global stock markets surrendered early gains on Friday after Chinese agriculture officials who were to visit U.S. farm states next week canceled their trip, dampening optimism on U.S.-China trade talks.
Business News
Fed in three voices: recession, bubbles, and ‘in a good place’
After delivering a split-decision rate cut earlier this week, U.S. Federal Reserve officials put their divisions on full display Friday, with warnings of a slowdown on the one hand and financial risks on the other bookending talk of how well things are going.
Business News
Wall Street drops after China cancels trip to Montana farmland
Wall Street dropped on Friday, and also finished the week lower, after a Chinese agriculture delegation canceled a planned visit to Montana, dampening optimism about U.S.-China trade talks.