John Kingman was closely involved in the British government’s response to the 2008 financial crisis as Second Permanent Secretary to the treasury. On Monday, Tesco’s financial arm stated, it has appointed John Kingman, the businessman who oversaw Britain’s bailout of… Read More ›
This planned sales come on top existing plans to sell non-core assets worth 2.5 billion euros by the first quarter of 2020. On Tuesday, French supermarket retailer Casino stated, it plans on cutting its debt while improving its financial performance… Read More ›
Bjorn Rosengren will be joining Swiss-Swedish robotics and engineering group ABB Ltd as CEO in February 2020. Swedish engineering group Sandvik stated, its Chief Executive Officer Bjorn Rosengren will be stepping down from 2020; he will be joining Swiss-Swedish robotics… Read More ›
The new international airport, which will be built over a 50 year concession period, will cater to 100 million passengers per year. On Wednesday, as per a government official from Philippines, San Miguel Corp, a conglomerate is set to win… Read More ›
The development is aimed at reducing the cost of developing affordable electric self-driving cars. On Tuesday, in a development that marks Beijing Automotive Group Co Ltd (BAIC) further cementing its relationship with German carmaker Daimler, the Chinese company has purchased… Read More ›
Jonathan Symonds is HSBC’s deputy chairman. His appointment to the post, still under negotiations, will be subject to approval from banking regulators. Bloomberg has reported citing a source familiar with the matter at hand as saying, GlaxoSmithKline Plc is in… Read More ›
Terry Gou is preparing to run for Taiwan’s 2020 presidential elections. On Friday, Foxconn stated, it has named the current head of its chip unit as its chairman. Liu Young-Way will now be replacing Terry Gou as Foxconn’s chairman. Foxconn’s… Read More ›
The suspensions are aimed at helping Swedbank with discussions with authorities in the ongoing Danske Bank probe. In a significant development, Swedbank has suspended, with immediate effect, the two most senior executives at its Estonian business, which is being investigated… Read More ›
Not only is such funding not aligned with Britain’s efforts to reduce greenhouse gases and carries risks for taxpayers but also as a result of stricter emission reduction targets, and as renewable energy becomes cheaper, companies could be left with… Read More ›
How will Theresa May keep EU-member Ireland’s border with Northern Ireland open after Brexit without any physical infrastructure on the border between Northern Ireland and Ireland? This question is proving to be the most excruciating issue in Britain’s sour grapes… Read More ›
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