Business & Finance News
A trade agreement between Britain and the European Union should provide a predictable, transparent and business-friendly environment for financial services firms and regulators, UK Prime Minister Boris Johnson said on Monday.
Peter Crawley has been appointed as Citigroup Inc’s treasury and trade solutions (TTS) head for Britain and Europe, based in London, and will move into his new role with effect from April 6, according to a memo seen by Reuters.
A gauge of global stocks hovered near seven-week lows on Monday as Asian stocks plunged on their first trading day after a long break, amid fears the coronavirus epidemic would hit Chinese demand.
Peter Crawley has been appointed as Citigroup Inc’s Treasury and Trade Solutions (TTS) Head for Britain and Europe, based in London and will move into his new role with effect from April 6, according to a memo seen by Reuters.
Morgan Stanley said on Monday it will give $20 million to seven nonprofit groups working to prevent youth suicide and fight depression and other children’s mental health problems.
Cigarette maker Imperial Brands Plc named Stefan Bomhard, CEO of car dealer Inchcape , as its new chief executive on Monday to steer the company through challenges in e-cigarettes and vaping and falling consumption of tobacco products.
Ryanair has submitted an offer to Boeing for a new order of its grounded 737 MAX jet but does not expect to finalize it until the plane returns to service, Chief Executive Michael O’Leary said on Monday.
Siemens Healthineers’ operating income slipped 11% in the first quarter of its financial year, despite higher revenue, as the German company sold less profitable imaging machines and incurred ramp-up costs for its new blood-testing machines.
A gauge of global stocks was near seven-week lows on Monday as Asian stocks plunged on their first trading day after a long break, amid fears the coronavirus epidemic would hit demand in China.
Oil prices were little changed in the face of conflicting signals on Monday, with demand concerns resulting from the coronavirus outbreak countered by the possibility of deeper crude output cuts by OPEC and its allies.
OPEC and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to the impact on oil demand from the coronavirus, two OPEC sources and a third industry source familiar with discussions said.
Britain’s access to the European Union’s single market will depend on its alignment with the bloc’s rules and regulations, EU Brexit negotiator Michel Barnier said on Friday.
Ryanair chief executive Michael O’Leary on Monday said his airline was coming to the stage when it would make sense to slow its target growth rate to 4-5% per year rather than its peak growth rates of 8-9% percent.
Payments company Worldline agreed on Monday to buy French rival Ingenico in a 7.8 billion euros ($8.7 billion) deal to create a new European leader in the sector and fend off cut-throat competition from internet and telecoms companies.
OPEC and its allies are considering a further cut in their oil output of 500,000 barrels per day (bpd) due to the impact of the coronavirus on oil demand, two OPEC sources and a third industry source familiar with discussions said on Monday.
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