September 4, 2018

Russia’s VTB bank apologizes for CEO who called UK’s Boris Johnson a ‘jerk’

Russian state bank VTB apologized for its CEO Andrey Kostin who made what it called an “emotional comment” on Monday when he described former British foreign […]
September 3, 2018

JD.com CEO returns to China after arrest in U.S. sexual misconduct case

The CEO of JD.com Inc , Richard Liu, has returned to China, the Chinese e-commerce giant said on Monday, days after he was arrested by police […]
September 3, 2018

SocGen expects U.S. sanctions penalties to be close to 1.2 billion euros

French bank Societe Generale expects penalties related to its dispute with U.S. authorities over international sanctions violations will be close to 1.2 billion euros ($1.39 billion), […]
September 3, 2018

World stocks slip for third day as trade, emerging market worries bite

Global stock markets fell for a third straight day on Monday, hurt by worries over the escalation of trade disputes between world powers and a deepening […]
September 3, 2018

Danone CEO to sit on Carrefour’s healthy food advisory committee

Carrefour , Europe’s largest retailer, said on Monday that the head of yogurt maker Danone will sit on a food advisory committee the supermarket group is […]
September 3, 2018

Retailer TFG’s London business may face hit from House of Fraser collapse

South African clothing and homeware retailer The Foschini Group (TFG) said on Monday its London business would be likely to incur some bad debt write-offs as […]
September 3, 2018

Britain’s TSB hit by another IT glitch, angering some customers

Britain’s TSB was hit by another technology glitch on Monday, the latest since a botched IT upgrade in April resulted in one of the country’s worst […]
September 3, 2018

On Labor Day, Trump hits back at largest union leader

U.S. President Donald Trump on Labor Day hit back at Richard Trumka, president of the United States’ largest federation of labor unions, after Trumka said on […]
September 3, 2018

U.S. police investigate JD.com CEO over sexual misconduct accusation

The CEO of Chinese e-commerce giant JD.com Inc , Richard Liu, was arrested by U.S. police on suspicion of criminal sexual conduct and later released in […]
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