Articles by admin

Aviva is replacing its chief executive Mark Wilson after his sweeping transformation of the British insurer did not deliver the returns shareholders were looking for.

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(This version of the October 8 story corrects CEO’s name to Roehrhoff from Rohrhoff in headline and text)

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Europe’s antitrust chief Margrethe Vestager on Tuesday said she wants to hear critics of Siemens and Alstom’s plan to create a Franco-German rail champion which is being investigated by the European Commission.

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German vehicle manufacturer Daimler AG is in talks with China’s Geely Holding Group Co to set up a joint venture to offer ride-hailing and car-sharing services in China, Bloomberg reported, citing sources.

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Nigeria’s central bank governor is to meet representatives of telecommunications company MTN and banks on Tuesday to discuss a dispute over the repatriation of $8.1 billion, two sources with direct knowledge of the matter said.

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European Union environment ministers will seek a compromise on Tuesday over how tough to be on curbing carbon dioxide emissions from cars and vans, with Germany warning too tough targets could harm industry and cost jobs.

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The United States has granted more than half of the exemptions to its steel import tariffs that Austrian steelmaker Voestalpine and its customers applied for, the company said on Tuesday.

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Europe battled to fend off a four-day losing streak for world stocks on Tuesday, after weary investors had seen Asia stumble to a 17-month low and bond markets hit by a fresh bout of selling.

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See Tickets, the ticket sales business of French media conglomerate Vivendi, notched up record sales for next year’s Glastonbury music festival, Vivendi said on Tuesday.

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Chinese conglomerate HNA Group [HNAIRC.UL] has put up for sale property assets worth at least $11 billion, according to documents seen by Reuters, accelerating a push to cut its large debt and restructure.

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Ryanair Chief Executive Michael O’Leary said on Tuesday he was “hopeful and optimistic” that industrial relations issues would not damage the airline further this year after strikes contributed to a rare profit warning last week.

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Alphabet Inc’s Google will unveil the third edition of its Pixel smartphone at 10 media events across the world on Tuesday, a hint that it is prepared to expand geographic distribution of a device it hopes someday is as popular as Apple Inc’s iPhone.

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Ryanair Chief Executive Michael O’Leary is “hopeful and optimistic” that industrial relations issues will not damage the business further this year, but he said it would not be helpful to put a timeline on resolving the issue completely.

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China has choked back on imports of liquefied petroleum gas (LPG) from the United States, traders and analysts said, turning to the Middle East for extra supplies amid the two countries’ trade dispute.

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Aviva CEO Mark Wilson has agreed to step down from his role after a sweeping restructuring of the British insurer during six years at the helm failed to translate into improved shareholder returns.

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