One of the strategies adopted by Boeing to mitigate aspects from its high-profile scrutiny, is reshuffling of executives in its commercial airplanes business, as it increases its focus on responding to the snow-balling situation. With U.S. lawmakers calling on Boeing… Read More ›
Asset managers, banks, and insurers in London are expanding their European operations or opening new offices there to avoid a disruption from Britain’s potentially chaotic departure from the European Union. On Wednesday, in a significant development, Earnest and Young (EY)… Read More ›
According to analysts, there are multiple factors, including an internal clampdown on riskier lending practices, slowdown in global economy and U.S. trade action, because of which the Chinese economy is cooling down. \ In February 2019, in what is possibly… Read More ›
Shareholders are scheduled to vote on Novartis’s planned spin-off of its Alcon eye care unit. On Thursday, at the annual general meeting of Swiss drugmaker Novartis, shareholders came in heavily at the drugmaker for the hike in drug prices. Novartis… Read More ›
This is the first time HSBC’s internal probe has been made publicly available. As per an internal probe by HSBC Holdings PLC into Huawei Technologies’ dealings with a suspected front company in Iran found that China’s Huawei maintained close financial… Read More ›
The yet to be officially announced move is aimed at offsetting regulatory cost pressures. On Friday, as per a report from Bloomberg, French bank Societe General SA, plans on trimming thousands of jobs at its global banking and investor solutions… Read More ›
GE to distribute 8.7 billion shares to its to shareholders on February 14. General Electric Co expects to close the merger of its transportation business with Wabtec Corp on Feb. 25. It will then set date for the distribution of… Read More ›
Although details of the signed conference have not been provided, so far, they are expected to be released in the coming days. On Monday, as per a report from Al Arabiya TV, deals worth $63 billion, (235 billion riyals) have… Read More ›
Although Britain is scheduled to depart from the EU on March 29, what will happen on that day is still unclear. This is a significant issue for British businesses since they routinely import and export materials and goods from the… Read More ›
Susanne Schaffert will be replacing Liz Barrett who will return to the U.S. to head a U.S. biotech firm. Swiss pharmaceutical giant Novartis has stated, it has appointed Susanne Schaffert, a veteran, as the head of its oncology business. She… Read More ›
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