Company News

Lloyds Bank CEO António Horta-Osório to leave next year

Lloyds Bank CEO António Horta-Osório to leave next year

Published 06/07/2020

(Reuters) - Lloyds Banking Group (LLOY.L) Chief Executive António Horta-Osório said on Monday he would step down next year after nearly a decade at the [more…]

UK decision on Huawei not set in stone, British minister says

UK decision on Huawei not set in stone, British minister says

Published 06/07/2020

LONDON (Reuters) - Britain’s decision to allow China’s Huawei to play a limited role in building its 5G network is not “fixed in stone” and [more…]

UK insurer Aviva CEO Tulloch steps down, Blanc appointed

UK insurer Aviva CEO Tulloch steps down, Blanc appointed

Published 06/07/2020

LONDON (Reuters) - Aviva (AV.L) CEO Maurice Tulloch is stepping down with immediate effect for family health reasons, the UK insurer said on Monday, naming [more…]

Make a vaccine? I’m trying to teach my kids the alphabet

Make a vaccine? I’m trying to teach my kids the alphabet

Published 06/07/2020

LONDON/BERLIN/MILAN (Reuters) - It’s tough to do any useful work when you’re stuck at home, struggling to home-school bickering kids, let alone when you’re trying [more…]

Ford’s China ventures extend auto sales recovery in June

Ford’s China ventures extend auto sales recovery in June

Published 06/07/2020

BEIJING (Reuters) - Ford Motor’s (F.N) China ventures reported year-on-year sales growth for June as the world’s biggest auto market continues to recover from coronavirus-induced [more…]

One fifth of German firms fear for their survival amid pandemic: Ifo

One fifth of German firms fear for their survival amid pandemic: Ifo

Published 06/07/2020

BERLIN (Reuters) - Around one fifth of German companies (21%) believe their survival is threatened by the coronavirus crisis, Germany’s Ifo institute said on Monday, [more…]

Fujitsu to halve office space in three years citing ‘new normal’

Fujitsu to halve office space in three years citing ‘new normal’

Published 06/07/2020

TOKYO (Reuters) - Japan’s Fujitsu Ltd (6702.T) said on Monday it would halve its office space in three years as it rewrites the way employees [more…]

Germany’s confirmed coronavirus cases rise by 219 to 196,554: RKI

Germany’s confirmed coronavirus cases rise by 219 to 196,554: RKI

Published 06/07/2020

BERLIN, Jul 06 (Reuters) - The number of confirmed coronavirus cases in Germany increased by 219 to 196,554, data from the Robert Koch Institute (RKI) [more…]

Uber, Postmates agree on $2.65 billion all-stock deal: Bloomberg News

Uber, Postmates agree on $2.65 billion all-stock deal: Bloomberg News

Published 06/07/2020

(Reuters) - Ride-sharing company Uber Technologies Inc has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement, Bloomberg [more…]

Vietnam’s Vingroup says produces first 5G smartphones under Vsmart brand

Vietnam’s Vingroup says produces first 5G smartphones under Vsmart brand

Published 06/07/2020

HANOI (Reuters) - Vietnam’s VinSmart, a unit of Vingroup, has produced its first 5G smartphones in cooperation with the U.S.’s Qualcomm, Vingroup said on Monday. [more…]