Company News

Alibaba puts CFO in charge of investment in major management reshuffle

Alibaba puts CFO in charge of investment in major management reshuffle

Published 18/06/2019

BEIJING/SHANGHAI (Reuters) - China’s Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement, as [more…]

Roche wins Japan approval for personalized cancer drug Rozlytrek

Roche wins Japan approval for personalized cancer drug Rozlytrek

Published 18/06/2019

ZURICH (Reuters) - Swiss drugmaker Roche on Tuesday won approval in Japan for Rozlytrek as the world’s biggest maker of cancer drugs pushes ahead in [more…]

Oil group Total hopes new supercomputer will help it find oil…

Oil group Total hopes new supercomputer will help it find oil…

Published 18/06/2019

PARIS (Reuters) - Energy major Total said its new supercomputer - which has propelled it to a world ranking as the most powerful computer in [more…]

Advertisers, agencies and social media combine to tackle online threat

Advertisers, agencies and social media combine to tackle online threat

Published 18/06/2019

LONDON (Reuters) - Sixteen of the world’s biggest advertisers have joined together to push platforms such as Facebook, Twitter and Google’s YouTube to do more [more…]

Creval says to spin off bad loans, triple net profit by 2021

Creval says to spin off bad loans, triple net profit by 2021

Published 18/06/2019

MILAN (Reuters) - Italian mid-sized lender Creval said on Tuesday it would spin off its bad debts into a separate unit and sell half of [more…]

Huawei says U.S. ban hurting more than expected, to wipe $30…

Huawei says U.S. ban hurting more than expected, to wipe $30…

Published 18/06/2019

HONG KONG (Reuters) - China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s founder and CEO Ren Zhengfei [more…]

Senator Rubio targets Huawei over patents

Senator Rubio targets Huawei over patents

Published 18/06/2019

WASHINGTON (Reuters) - U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, [more…]

China renames, restructures railway corporation in reform push

China renames, restructures railway corporation in reform push

Published 18/06/2019

SHANGHAI (Reuters) - China renamed and restructured its national railway corporation as part of its efforts to make the country’s government-run enterprises run in a [more…]

Comcast partners with Charter, Cox to advance targeted advertising

Comcast partners with Charter, Cox to advance targeted advertising

Published 18/06/2019

(Reuters) - U.S. cable provider Comcast Corp on Tuesday launched a program to further develop an advertising strategy that better targets audiences, as the TV [more…]

Betting the house: investors demand higher premiums for risky…

Betting the house: investors demand higher premiums for risky…

Published 18/06/2019

SYDNEY (Reuters) - Investors in Australian mortgage bonds are demanding higher premiums to buy the riskiest tranches of new debt, as a slowing economy stokes [more…]