December 20, 2018

Novartis appoints Susanne Schaffert to lead oncology business

Novartis said it appointed company veteran Susanne Schaffert to lead its oncology unit from Jan. 1, replacing Liz Barrett who is stepping down to return to […]
December 20, 2018

Bombardier delivers Global 7500 jet as corporate travel race intensifies

Canada’s Bombardier Inc will deliver its first Global 7500 corporate jet on Thursday, premiering a full-sized bed and optional en-suite shower, in a challenge to U.S. […]
December 20, 2018

Tokyo court does not extend Ghosn’s detention, may soon release him

A Tokyo court said on Thursday it decided not to extend the detention of Nissan Motor Co Ltd’s ousted chairman, Carlos Ghosn, meaning he may soon […]
December 20, 2018

China bike-sharing firm Ofo faces ‘immense’ cash crunch, CEO vows to battle on

Chinese bike-sharing startup Ofo, backed by Alibaba Group Holding Ltd , is battling “immense” cash flow problems and disbanding the firm has been considered as an […]
December 20, 2018

Oil prices resume drop, shed most of last session’s gains

Oil prices fell on Thursday to erase most of their gains from the day before, resuming declines seen earlier in the week amid worries about oversupply […]
December 20, 2018

Exclusive: Renault, Nissan executives sought other ways to pay Ghosn – documents

Executives from both carmakers in the Renault-Nissan alliance looked at least twice at legal ways to pay Chairman Carlos Ghosn undisclosed income through the partners’ shared […]
December 20, 2018

Noble Group completes debt restructuring to emerge as smaller, unlisted firm

Noble Group , the once mighty commodity trader, on Thursday completed its drawn out $3.5 billion debt restructuring to emerge as a smaller and unlisted Asia-focused […]
December 20, 2018

U.S. to lift sanctions from aluminum giant Rusal

The U.S. Treasury will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminum giant Rusal and its parent En+, watering down the […]
December 20, 2018

SoftBank Corp shares recover from early fall, after record IPO

SoftBank Corp shares fell as much as 8 percent early on Thursday before erasing the losses in volatile trading, following the telco’s 15 percent tumble on […]
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