Recent Posts - page 496

• SoftBank Group will start share buyback program from Monday

  By admin1 on March 13, 2020 • ( 0 )

  

  On Friday, in a statement SoftBank Group Corp stated, it will be buying up to 7% of its shares for as much as $4.77 billion (500 billion yen). The buyback program, which will commence from Monday will continue over a… Read More ›

• James Monsees to step down from e-cigarette maker Juul Labs Inc

  By admin1 on March 13, 2020 • ( 0 )

  

  E-cigarette maker Juul Labs Inc stated, its co-founder James Monsees plans on stepping down from the company as an adviser and member of its board. In an internal memo, Monsees, who had previously been the company’s chief product officer, said… Read More ›

• Insurance Cover For Coronavirus Withdrawn By Three More Travel Insurers

  By admin2 on March 12, 2020 • ( 0 )

  

  Travel related insurance cover for future coronavirus claims has been withdrawn by three more travel insurers – Aviva, InsureandGo and the Post Office, following a similar measure earlier by LV=. Late on Wednesday night, an announcement that sale of all… Read More ›

• ECB Announces New Stimulus To Address Coronavirus Impact, Retains Interest Rates

  By admin2 on March 12, 2020 • ( 0 )

  

  While not making any change on the interest rates, the European Central Bank has announced a set of fresh stimulus measures to help the European Union to tackle the economic fall out of the spread of the coronavirus – now… Read More ›

• Best Buy’s Executive Chairman to step down on June 11

  By admin1 on March 12, 2020 • ( 0 )

  

  Best Buy Co Inc’s Executive Chairman Hubert Joly will be stepping down and will not stand for re-election at its annual general shareholder’s meeting on June 11. Joly, a restructuring expert and former chief executive officer of the company, had… Read More ›

• U.S. response to coronavirus – payroll tax cuts, extension of tax deadline on the table: U.S. Senate Finance Committee Chairman Chuck Grassley

  By admin1 on March 12, 2020 • ( 0 )

  

  With WHO finally classifying China’s coronavirus as pandemic, U.S. Senate Finance Committee Chairman Chuck Grassley stated, a payroll tax cut was among the options being tabled to offset the economic impact of the coronavirus. “If you’re going to negotiate in… Read More ›

• U.S. Administration looking at CalPERS holding in Chinese defense firms: U.S. national security adviser

  By admin1 on March 12, 2020 • ( 0 )

  

  The U.S. Administration is “looking at” investments made by the California Public Employees’ Retirement System (CalPERS) in Chinese military companies, said U.S. national security adviser Robert O’Brien. O’Brien’s comments come midst U.S. charges of massive Chinese espionage in the United… Read More ›

• Carl Icahn increases stake at Occidental Petroleum to nearly 10%

  By admin1 on March 12, 2020 • ( 0 )

  

  According to a report by the Wall Street Journal, activist investor Carl Icahn has increased his stake in Occidental Petroleum Corp to nearly 10% as he scales up his fight to take control over the oil producer. As of the… Read More ›

• CME Group closes trading floor on coronavirus concerns

  By admin1 on March 12, 2020 • ( 0 )

  

  Exchange operator CME Group Inc stated, it would close its Chicago trading floor after business hours on Friday in order to reduce potential exposure to China’s coronavirus which has gone pandemic. China’s coronavirus, which began in Wuhan where Beijing has… Read More ›

• Eric Martel to replace Alain Bellemare as Bombardier’s CEO

  By admin1 on March 12, 2020 • ( 0 )

  

  In a statement late on Wednesday, Bombardier Inc said, its CEO Alain Bellemare, would be leaving the company. Eric Martel, CEO of hydropower producer Hydro-Quebec would be replacing Bellemare effective from April 6.

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