Security concerns in Poland and the Czech Republic over telecoms equipment made by Huawei Technologies have not had a significant business impact despite creating uncertainty, a deputy head of central Europe and the Nordics said.
Citigroup Inc has appointed Atiq Rehman, currently Middle East and Africa head at the U.S. bank, as the head of the newly created EMEA Emerging Markets Cluster, according to an internal email sent on Monday and seen by Reuters.
U.S. Treasury Secretary Steven Mnuchin on Monday said he did not see the threat of a recession as the Trump administration seeks to revive trade negotiations with China, adding that he expected a positive year ahead for the U.S. economy.
AT&T Inc shareholder Elliott Management Corp on Monday called for the wireless carrier to sell some of its non-core businesses and cut costs in an effort to return more value to shareholders, sending its shares up 10%.
Novartis Chief Executive Vas Narasimhan promised to inform U.S. regulators quickly if credible questions emerge internally over data integrity, he told investors on Monday, following data manipulation allegations involving the Swiss drugmaker’s $2.1 million gene therapy Zolgensma.
Nissan Motor Co’s embattled chief executive will step down on Sept. 16 and will be temporarily replaced by Chief Operating Officer Yasuhiro Yamauchi, the automaker’s board chairman said on Monday.
Stocks gained on Monday as investors pinned their hopes on expected stimulus from the world’s central banks to support slowing growth, while the pound hit a six-week high on hopes that Britain will not quit the EU without a deal.
Bunge Ltd, one the world’s biggest grain traders, recently disclosed the 1.6% stake it had purchased in the fast-growing fake-meat startup Beyond Meat.
AT&T Inc shareholder Elliott Management Corp on Monday called the wireless carrier “deeply undervalued” and urged it to restructure its business, including cutting costs in units, to increase shareholder value.
U.S. stock index futures ticked higher on Monday, as mixed global economic data drove expectations of monetary stimulus from central banks, including the U.S. Federal Reserve.
Italy’s Ferrari showed off two new cars on Monday as it pursues an aggressive roll-out of new premium models to sustain turbo-charged core earnings and share price growth.
U.S. prosecutors have charged a Chinese professor with fraud for allegedly taking technology from a California company to benefit Huawei, in another shot at the embattled Chinese telecommunications equipment maker.
Saudi Arabia’s newly appointed energy minister, Prince Abdulaziz bin Salman, said on Monday that the country is aiming for an initial public offering of its national oil giant Saudi Aramco “as soon as possible.”
The growing economic fallout from President Donald Trump’s drawn-out trade war with China would appear to be a ready-made opportunity for Democratic presidential contenders seeking to blunt his central 2020 re-election pitch: That he has made the economy great again.
Texas Attorney General Ken Paxton on Monday will detail a multi-state antitrust probe of potentially anticompetitive practices at major U.S. technology companies, which is expected to focus on Alphabet’s Google.
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