SAO PAULO (Reuters) – Planemaker Embraer SA (EMBR3.SA) said on Monday that the head of its commercial aviation unit, John Slattery, was leaving the company to become chief executive of aircraft engine-maker GE Aviation (GE.N), weeks after a $4.2 billion deal w... More »
SEOUL (Reuters) – A South Korean heiress known for delaying a Korean Air Lines flight in 2014 because she was angry at the way she was served nuts has accused her younger brother of disobeying their late father’s will to manage the airline’s parent company tog... More »
ZURICH (Reuters) – Swiss bank UBS will appoint former Credit Suisse banker Iqbal Khan as head of its wealth management business, Swiss newspaper TagesAnzeiger reported on Wednesday, citing unnamed UBS sources. Khan will join the executive board “shortly” the n... More »
(Reuters) – Purplebricks Group Plc named Phil Felice as the interim boss of its U.S. operations on Monday to oversee the online estate agent’s review of the business and said it was optimistic about the future of the business. Purplebricks had said earlier thi... More »
WOLFSBURG, Germany (Reuters) – Volkswagen’s (VOWG_p.DE) new Chief Executive Herbert Diess on Friday said he will consider asset sales and seeks to turn the multi-brand conglomerate into a slimmed down company with strong brands. Speaking at his first news conf... More »
WOLFSBURG, Germany (Reuters) – Volkswagen’s (VOWG_p.DE) new Chief Executive Herbert Diess on Friday said the car and truck maker is open to alliances in areas like self-driving cars. Speaking in Wolfsburg, Germany, at his first news conference since being appo... More »
WOLFSBURG, Germany (Reuters) – Volkswagen (VOWG_p.DE) will not list its trucks business this year and has no plans to cede control of the division, chairman Hans Dieter Poetsch said on Friday. “We want to ready the business for capital markets,” Poetsch said, ... More »
FILE PHOTO: Andrew Liveris, Chairman and CEO The Dow Chemical Company attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 17, 2017. REUTERS/Ruben Sprich (Reuters) – U.S. chemicals producer DowDuPont Inc said on Monday its Execut... More »
Subaru Corp. outgoing President and CEO Yasuyuki Yoshinaga (L) and next President Tomomi Nakamura, who is currently Corporate Executive Vice President, attend a news conference in Tokyo, Japan, March 2, 2018. REUTERS/Issei Kato TOKYO (Reuters) – Automaker Suba... More »
Airbus Chief Executive Tom Enders attends a ceremony during the delivery of the new Airbus A380 aircraft to Singapore Airlines at the French headquarters of aircraft company Airbus in Colomiers near Toulouse, France, December 13, 2017. REUTERS/Regis Duvignau P... More »
As regulatory crackdowns in China hit risky investment products and capital outflows, the country's private banks are looking to profit as they target a bigger share of growing wealth in the world's second-largest economy. More »
FILE PHOTO: The logo of Deutsche Bank is seen at its headquarters ahead of the bank’s annual general meeting in Frankfurt, Germany May 18, 2017. REUTERS/Ralph Orlowski/File Photo Deutsche Bank AG’s (DBKGn.DE) wealth management division said on Monday it plans ... More »
FILE PHOTO: Peter Fleet, the president of Ford ASEAN, speaks during a news conference at a hotel in Bangkok March 23, 2011. REUTERS/Chaiwat Subprasom Ford Motor Co (F.N), which earlier this week named turnaround expert James Hackett as its chief executive offi... More »
A employee uses his mobile phone as he walks past the company logo of Baidu at its headquarters in Beijing, August 5, 2010. REUTERS/Barry Huang/File Photo Baidu Inc said on Thursday it fired the head of its Nuomi group-buying service over ethics violations, at... More »
The logo of Swiss bank Credit Suisse is seen at an office building in Zurich, Switzerland January 18, 2017. REUTERS/Arnd Wiegmann Credit Swiss will transfer its Swiss asset management business to a new entity due to begin operations under its own license at th... More »
Vishal Sikka, CEO of Infosys attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich Infosys Chief Executive Vishal Sikka said talk in the media on concerns over corporate governance at the sof... More »
Berlin’s SoundCloud CEO Alexander Ljung attends the LeWeb technology conference December 4, 2012 in Aubervilliers, near Paris. REUTERS/Philippe Wojazer Music-streaming service SoundCloud has lost two senior executives and is seeking to raise new funding, the c... More »
FILE PHOTO – An employee walks past a signage board in the Infosys campus at the Electronics City IT district in Bengaluru, India, February 28, 2012. REUTERS/Vivek Prakash/File Photo Infosys Ltd, India’s second-biggest software services exporter, on Wednesday ... More »
ZURICH Credit Suisse (CSGN.S) is placing asset management under the twin direction of its wealth management and Swiss banking divisions, it said on Sunday, announcing a further strategy rejig after a shake-up in October. Switzerland’s second largest bank will ... More »
SINGAPORE Scanning a bank statement into a computer may not sound particularly high-tech, but it’s unsettling some of Asia’s private bankers. By aggregating all the monthly statements mailed to high net worth individuals on the multiple accounts they hold at d... More »
MUMBAI A year ago, Micromax vaulted past Samsung Electronics Co Ltd to become India’s leading smartphone brand. Today, its market share has nearly halved, several top executives have resigned, and the company is looking for growth outside India. In Micromax’s ... More »
