On Monday, Mastercard stated it has promoted Mark Barnett to the role of president of its European business; he will be responsible for the payment giant’s strategy and operations across 53 countries. Barnett, previously headed Mastercard’s UK, Ireland, Baltics and… Read More ›
On Monday, the IG Group stated it has appointed Charlie Rozes, the former finance director of Jardine Lloyd Thompson, as its Chief Financial Officer. His appointment at the online trading group comes at a time when the sector is benefiting… Read More ›
According to an internal memo, Citigroup Inc named veteran banker Kaleem Rizvi as its Asia Pacific head of the corporate banking business. Rizvi, who joined Citi in Pakistan in 1996, will replace Gerald Keefe, who in February was promoted to… Read More ›
According to the results of a survey published on Monday by Deloitte, large companies in Britain expect the coronavirus to reduce their sales by more than a fifth this year. They expect the impact of the coronavirus to be worse… Read More ›
On Friday, in a statement Norway’s sovereign wealth fund stated, it will vote in favor of a resolution which will commit Barclays to tackle climate change at the bank’s annual general meeting on May 7. The resolution calls on Barclays… Read More ›
On Friday, Europe’s biggest low cost carrier Ryanair announced, it will be grounding more than 99% of its flights until July. It has also commenced negotiations with Boeing for cutting the number of aircraft deliveries over the next 24 months…. Read More ›
In a statement, Europe’s busiest airport, London’s Heathrow Airport said, passenger numbers are expected to be down by nearly 97% in April; it went on to add, they are likely to remain weak until governments fighting the coronavirus outbreak deem… Read More ›
On Friday, Malaysian Prime Minister Muhyiddin Yassin announced that business operations can resume from May 4. The development partially eases lockdown restrictions that were imposed to contain the spread of the Wuhan coronavirus. During a televised address, Muhyiddin said Malaysia… Read More ›
Three-fourth of its budgeted production in China has been restored by the Tata Motors Ltd-owned British luxury carmaker Jaguar Land Rover (JLR), said reports quoting sources with knowledge of the matter. Reports stated that amid a revival of demand in… Read More ›
On Tuesday, the world’s largest spirits maker, Diageo, launched a $2.5 billion bond offering weeks after suspending its share buyback programme in response to the coronavirus crisis. Diageo, whose brand of whiskey includes Johnnie Walker, said, the offering will be… Read More ›
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