On Monday in a statement Barclays’ investment banking division said, J.P. Morgan’s Manuel Esteve will head its equity capital markets in Continental Europe. Esteve has been a managing director at J.P. Morgan’s equity capital markets for nearly 2 decades, 18… Read More ›
Creativity
Citadel and Citadel Securities expand footprint in Asia-Pacific, opens new offices in Singapore, Shanghai and Sydney
On Monday, in a statement, Citadel, a Chicago-based hedge fund and Citadel Securities, which provides trading services to asset managers, banks, broker-dealers and hedge funds, said, it will open a new office in Singapore. Both businesses, which have offices across… Read More ›
Rio Tinto trims bonuses of CEO and senior executives following destruction of ancient historic caves
On Monday, in a statement Rio Tinto said it will trim the short-term bonuses of its CEO as well as two other senior executives following a review of the company’s destruction of two historic caves in Australia in May which… Read More ›
Explosion at Arab gas pipeline causes total blackout in Syria: SANA
On Monday, Syria’s state news agency (SANA) reported, an explosion on the Arab gas pipeline has caused a total blackout in Syria. The explosion occurred between the Ad Dumayr and Adra areas in Syria. In a statement, Syrian oil minister… Read More ›
Chairman of Australian wealth manager AMP Ltd resigns
On Monday, Australian wealth manager AMP Ltd stated, its chairman had resigned and the CEO of its funds management unit will be demoted, following concerns about alleged inappropriate conduct by the latter. In June 2020, AMP’s board, chaired by David… Read More ›
Coronavirus Vaccine Alone Won’t End Pandemic, Warns WHO
A vaccine against the novel coronavirus pandemic will be a “vital tool” in the global fight against the coronavirus, said the World Health Organization on Friday, but also warned that the threat of the pandemic will not come to an… Read More ›
General Electric Co retains CEO Lawrence Culp up to August 31, 2024
In a statement, General Electric Co said, it has extended the employment agreement of its Chief Executive Officer Lawrence Culp up to August 31, 2024. In a regulatory filing dated August 18, GE said, its board had also approved a… Read More ›
Arcturus Therapeutics Holdings in talks with dozen countries over COVID-19 vaccine supply agreement: CEO
In a statement, the CEO of Arcturus Therapeutics Holdings Inc disclosed, the U.S.-based company is in discussions with around a dozen countries for a COVID-19 vaccine supply agreement. The company is in early human testing of its COVID-19 candidate. In… Read More ›
Bayer AG reaches $1.6 billion settlement agreement for U.S. lawsuits surrounding Essure birth control implantable device
German drugs and pesticides giant Bayer AG stated, it will pay around $1.6 billion to settle the majority of U.S. claims involving its Essure birth-control device. The agreement comes in the wake of a $10.9 billion settlement which it hammered… Read More ›
Australia rejects China Mengniu Dairy Co proposed acquisition of its best known milk brands
On Thursday, as per a report from the Australian Financial Review, Cannberra will not approve a proposed buyout of Australia’s best known milk brands from Japan’s Kirin Holdings Co Ltd by China Mengniu Dairy Co. According to anonymous sources, the… Read More ›