Business & Finance News
Around $150 millions’ worth of oil was stolen from Shell’s biggest global refinery over several years, Singapore court documents reviewed by Reuters show, far more than reported when police first revealed the heist earlier this year.
Thyssenkrupp moved on Friday to fill key management positions, preparing for the spin off its capital goods business after a tumultuous year that saw the resignation of the conglomerate’s top leadership.
Jet Airways Ltd’s 69-year-old founder Naresh Goyal, who started out as an assistant in a travel agency, wove together charm, persistence and consummate dealmaking to build India’s biggest full-service carrier.
Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the wider impact of a still-unresolved Sino-U.S. trade dispute.
Indian car wiring maker Motherson Sumi Systems Ltd is in early talks with German peer Leoni AG over a possible merger of the pair, two people close to the matter said.
Barclays has promoted 85 executives in the international division that houses its investment bank to the rank of managing director, the British lender said on Friday.
China Development Bank (CDB) is leading a team to supervise HNA Group’s asset disposals as the heavily indebted conglomerate scales back operations to a point that will leave it holding only core assets, people familiar with the situation said.
China Development Bank (CDB) is leading a team to supervise HNA Group’s asset disposals as the heavily indebted conglomerate scales back operations to a point that will leave it holding only core assets, people familiar with the situation said.
Industrials conglomerate Thyssenkrupp on Friday appointed Peter Walker as the new chief executive of its prized elevators unit, the group said.
Airbus on Friday named services boss Philippe Mhun as its next head of programs, succeeding defense and commercial aerospace veteran Didier Evrard, who is scheduled to retire.
Nissan Motor Co has filed a court claim against Carlos Ghosn’s sister that references alleged “unjust enrichment”, escalating a battle being waged in Brazilian courts between the car maker and its once-celebrated former chairman.
How big should executive pay packets be? How widespread is lax corporate governance in Japan? And what’s the future of the alliance between Nissan and France’s Renault?
Thyssenkrupp on Friday said it would propose to appoint former Bayer finance chief Johannes Dietsch as chief financial officer, continuing to fill numerous vacant jobs that have been left unfilled following months of crisis.
French luxury behemoth Louis Vuitton Moet Hennessy Friday said it agreed to buy luxury hotel group Belmond in a deal valuing the company at $3.2 billion.
Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a slowdown in the world’s second-biggest economy and leaving investors fretting over the wider impact of a yet unresolved Sino-U.S. trade dispute.
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