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 ›
human resource
Ryanair grounds 99% of flights until July 2020
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 ›
Amazon Inc to hire 100,000 workers to meet surge in demand
With many consumers turning to the web to meet their needs during the Wuhan coronavirus outbreak in the United States, web giant Amazon.com Inc stated, it will be hiring 100,000 warehouse and delivery workers in the United States to deal… Read More ›
Bill Gates steps down from Microsoft’s Board as its Chairman
Microsoft Corp’s co-founder Bill Gates, who made the software giant one of the world’s most valuable technology companies, has stepped down from the board on Friday. He will now focus on philanthropic works related to climate change, global health and… Read More ›
Eric Martel to replace Alain Bellemare as Bombardier’s CEO
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.
JPMorgan Chase likely to trim 140 jobs in Switzerland
According to a report by Swiss financial news site Finews, JPMorgan Chase & Co is considering cutting up to 140 jobs in Switzerland in an effort to trim costs. According to the report, the cuts would mainly affect its Geneva… Read More ›
Pekka Lundmark to replace Rajeev Suri as Nokia’s CEO after September
On Monday, in a statement, Nokia said, its Chief Executive Rajeev Suri will be stepping down in September and will be replaced by Pekka Lundmark, who until now has been the CEO of Fortum. Suri will be stepping down after… Read More ›
JPMorgan Chase & Co names Filippo Gori as its new Asia Pacific CEO
On Thursday, JPMorgan Chase & Co named veteran Filippo Gori as its new Asia Pacific CEO; he will oversee strategy and operations across seventeen markets in the region. Gori, who has stuck with the bank for the last twenty years,… Read More ›
Keith Block steps down as co-CEO of Salesforce.com
Keith Block, the CEO of Salesforce.com Inc has stepped down from his office on Tuesday making Marc Benioff the sole CEO of the business software company. With the news reaching the market, shares of Salesforce fell by around 3% in… Read More ›
Barbara Levi to be Rio Tinto’s general counsel
Barbara Levi is currently the Group Legal Head, M&A and Strategic Transactions for Novartis. She will be joining Rio Tinto on January 1, 2020 and will be replacing Philip Richards who will be retiring from Rio Tinto on December 31,… Read More ›