According to the results of a survey on large business associations, more than three out of four U.S. human resource executives opine that the work from home trend will continue to be in vogue even after the threat of the… Read More ›
Creativity
3M hires Monish Patolawala as its CFO
On Wednesday, 3M Co stated, it has appointed General Electric Co’s Monish Patolawala as its chief financial officer. Patolawala will join 3M on July 1. Patolawala, 51, currently serves as GE’s healthcare unit’s CFO. He will be replacing Nick Gangestad,… Read More ›
India and China present investment grade opportunities in post-coronavirus world: BlackRock
On Wednesday, BlackRock, the world’s biggest asset manager said, oil stocks, domestic tourism and debt in India and China are investment opportunities in its Asia outlook. With $6.5 trillion of assets under management, BlackRock said, it expects the global economy… Read More ›
Brazil’s Vale SA expects to ship more iron ore to China in 2020
In a statement on Tuesday by China Steel Association, the production of iron ore at Brazil’s Vale SA has been unaffected by the coronavirus pandemic which emerged in Wuhan China and the company is sticking to its full year production… Read More ›
Australia’s APA Group appoints Morgan Stankey’s Julian Peck as its head strategy & commercial units
On Tuesday, Australia’s biggest gas pipeline operator APA Group said, it has appointed Julian Peck, a senior executive from Morgan Stanley as its head of strategy and commercial units. Peck, who earlier co-led Morgan Stanley’s Australian investment banking arm, will… Read More ›
French retail giant Carrefour acquires Wellcome Taiwan for $108 million
On Tuesday, French retail giant Carrefour said, it had agreed to purchase food retailer Wellcome Taiwan from Asia’s Dairy Farm. The development will position Carrefour as the second biggest player in Taiwan’s convenience stores market. The deal with an enterprise… Read More ›
UK should provide access to capital to key strategic industries: Make UK
On Monday, Make UK, a UK trade body stated, the government should provide direct support to strategic manufacturing sectors and companies, including those in the steel, aerospace, and automotive space, to help through mitigate the coronavirus crisis. As Britain slides… Read More ›
Coty Inc appoints its chairman Peter Harf as its CEO
According to a report from the Wall Street Journal citing sources familiar with the matter at hand, Coty Inc is set to announce that its current chairman, Peter Harf, will be replaced by the company’s new chief executive officer, Pierre… Read More ›
Japan weighing options to open tourism sector to TPP-11 members
Japan is weighing its options on re-opening its tourism sector to select countries which have low levels of coronavirus infections. Japan has already eased restrictions put in place earlier this year to control the coronavirus outbreak, these include reopening of… Read More ›
No plans to change to U.S dollar peg: Hong Kong’s finance secretary
In a statement Hong Kong’s finance secretary Paul Chan said, Hong Kong has no plans to change its currency’s peg to the U.S. dollar and that it has not seen any “obvious” capital outflows following a move by the United… Read More ›