© Reuters. Chairman of Renault SA Jean-Dominique Senard attends a news conference at French carmaker Renault headquarters in Boulogne-Billancourt PARIS (Reuters) – Renault (PA:) has no plans to close its Maubeuge plant in northern France, Chairman Jean-Dominique Senard said on Sunday, two days after the carmaker announced 15,000 job cutsRead More →
© Reuters. FILE PHOTO: FILE PHOTO GENERAL ELECTRIC CHIEF WELCH. (Reuters) – Jack Welch, who grew General Electric Co (N:) during the 1980s and 1990s into the most valuable public company in the United States, has died at age of 84, CNBC reported https://www.cnbc.com/2020/03/02/jack-welch-obit-ge.html on Monday. Welch – known asRead More →
© Reuters. FILE PHOTO: Renault, Nissan and Mitsubishi chiefs hold a news conference in Yokohama By Naomi Tajitsu YOKOHAMA, Japan (Reuters) – Renault (PA:) and Nissan (T:) can improve their alliance without altering ownership, the chairman of the Franco-Japanese partnership said on Thursday, rolling back from a previous push towardRead More →
© Reuters. Renault, Nissan and Mitsubishi chiefs hold a news conference in Yokohama By Sarah White and Gilles Guillaume PARIS (Reuters) – Renault (PA:) Chairman Jean-Dominique Senard said on Thursday there was a “real desire” at the helm of the carmaker’s alliance with Nissan to make it a success, dismissingRead More →
(Reuters) – Domino’s Pizza Group (L:) on Tuesday said its long-serving Chairman Stephen Hemsley will step down from the board, four months after the British pizza delivery chain announced retirement of its chief executive officer. Hemsley, who was appointed as Domino’s non-executive chairman in March 2010, will leave the companyRead More →
(Reuters) – Institutional Shareholder Services said on Friday it recommends shareholders vote against a plan by the chairman of Hudson’s Bay Co (TO:) to take the Saks Fifth Avenue owner private after the bid was topped by an offer from Catalyst Capital Group Inc. In October, Hudson’s Bay agreed toRead More →
FDIC Jelena McWilliams, FDIC Chairman, speaks at a commercial real estate conference in New York, November 6, 2019 The U.S. banking system is safer and healthier than it was a decade ago, before the 2008 financial crisis, but every so often, there is a hiccup or two. When trillions ofRead More →
Shares of Chesapeake Energy Corp. bounced briefly Thursday after the oil and natural gas company’s top executives bought a total of 125,000 shares on the dip below $1 a share. The stock CHK, +0.34% edged up afternoon trading, a day after tumbling to close at the lowest level since MarchRead More →
© Reuters. Boeing Chairman, President and CEO Dennis Muilenburg speaks at the New York Economic club luncheon in New York City By Nivedita Balu and Eric M. Johnson (Reuters) – Boeing Co’s (N:) board has stripped chief executive Dennis Muilenburg of his chairmanship title, in an unexpected strategy shift announcedRead More →
© Reuters. Alibaba set for ‘big challenge’ as flamboyant chairman Ma departs By Josh Horwitz SHANGHAI (Reuters) – Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion juggernaut at a time when theRead More →
U.S. stock-index futures pointed to what could be the third-straight losing session for Wall Street on Tuesday, as investors grew wary of equities in the countdown to comments from Federal Reserve Chairman Jerome Powell. What are major indexes doing? Dow Jones Industrial Average futures YMU19, -0.37% fell 106 points, orRead More →
© Reuters. FILE PHOTO: A general view of the Fortum headquarters in Espoo By Christoph Steitz FRANKFURT (Reuters) – Uniper’s chairman on Sunday said talks with major shareholder Fortum to resolve a dispute between the two companies were on hold after two of the German utility’s board members resigned. FortumRead More →
© Reuters. FILE PHOTO: Rakesh Kapoor, the CEO of Reckitt Benckiser, poses for a photograph at the company headquarters in Slough By Martinne Geller LONDON (Reuters) – Reckitt Benckiser is working to resolve both its search for a new chief executive and its position relating to U.S. charges of wrongdoingRead More →
© Reuters. Junichiro Hironaka, chief lawyer of the former Nissan Motor chairman Carlos Ghosn, is seen inside a car as he leaves at Tokyo Detention House in Tokyo TOKYO (Reuters) – Japanese prosecutors indicted former Nissan Motor Co Chairman Carlos Ghosn on Monday on a charge of aggravated breach ofRead More →
© Reuters. Ajay Singh, Chairman of Indian low-cost carrier SpiceJet, speaks with the media before the landing of an amphibious seaplane from Japan’s Setouchi Holdings in the Arabian Sea as part of a demonstration by SpiceJet in Mumbai (Reuters) – India’s SpiceJet Ltd said on Friday it will prioritize hiringRead More →
© Reuters. FILE PHOTO: Martin Zielke, CEO of Germany’s Commerzbank addresses the media during the bank’s annual news conference in Frankfurt FRANKFURT (Reuters) – Commerzbank’s supervisory board chairman on Thursday dismissed reports of board dissatisfaction with its chief executive as irresponsible and unfounded. Chairman Stefan Schmittmann was reacting to reportsRead More →
© Reuters. FILE PHOTO: Korean Air Lines Chairman Cho Yang-ho arrives at a prosecutor’s office in Seoul SEOUL (Reuters) – Korean Air chairman Cho Yang-ho has died, the South Korean airline said on Monday, less than three weeks after investors voted to remove him from the board in a landmarkRead More →
© Reuters. British Land’s chairman John Gildersleeve to retire (Reuters) – British Land Company Plc said on Monday that John Gildersleeve would retire as chairman at the real estate firm’s annual general meeting this year, after six years in the role. Gildersleeve will be replaced by Tim Score, an independentRead More →
© Reuters. FILE PHOTO: Chairman Rohner of Swiss bank Credit Suisse addresses annual shareholder meeting in Zurich ZURICH (Reuters) – Credit Suisse’s investment banking operation has been scaled back enough, Chairman Urs Rohner was quoted saying in a newspaper interview, underscoring the number two Swiss bank’s commitment to the business.Read More →
© Reuters. Sultan Ahmed bin Sulayem, Chairman and CEO of DP World, gestures during the World Government Summit in Dubai DUBAI (Reuters) – The chairman of Dubai’s DP World said on Sunday the port operator was facing a challenging 2019 and the U.S.-China trade dispute had created uncertainty in theRead More →
© Reuters. FILE PHOTO: A dismantled sign sits leaning outside a Sears department store in Nanuet By Jessica DiNapoli and Mike Spector NEW YORK (Reuters) – Sears Holdings Corp Chairman Eddie Lampert submitted a revised roughly $5 billion takeover bid for the company on Wednesday, people familiar with the matterRead More →
