September 4, 2018

Finnair hires Nordea banking executive as new boss

Finland’s national airline Finnair has turned to the financial world for its new chief executive, appointing Nordea Bank’s Topi Manner to take the role from January. […]
September 4, 2018

Automakers fret as China clamps down on capacity, seeks consolidation

Some automakers in China are alarmed by proposed government restrictions on investing in new manufacturing capacity and the ways in which Beijing is trying to trigger […]
September 4, 2018

In India, Google races to parry the rise of Facebook

Google retains only a slight lead over Facebook in the competition for digital ad dollars in the crucial India market, sources familiar with the figures say, […]
September 4, 2018

Deutsche Bank sticks to profit goal amid expectations of exiting Eurostoxx 50

Deutsche Bank said on Tuesday that it was committed to improving the bank’s profitability amid expectations that its shares would fall out of the Eurostoxx 50 […]
September 4, 2018

SocGen expects around $1.27 billion in U.S. sanctions penalties

(In this version of Sept. 3 story, Societe Generale corrects statement to show estimated penalties 1.1 billion (not 1.2 billion) euros) Powered by WPeMatico
September 4, 2018

Lego dinosaurs and sports car help toymaker build recovery

Sales of Lego dinosaurs and a Bugatti sports car helped the Danish toymaker stabilize revenue in the first half of this year after a drop in […]
September 4, 2018

Asian shares rise on China turnaround, trade fears persist

Asian shares rose on Tuesday, with markets reversing earlier losses, but investors were apprehensive as the Sino-U.S. trade dispute threatened to escalate this week and Argentina’s […]
September 4, 2018

Oil prices rise as Gulf of Mexico rigs evacuated

Oil prices rose on Tuesday, with U.S. crude breaking through $70 a barrel, after the evacuation of two Gulf of Mexico oil platforms in preparation for […]
September 4, 2018

China lures chip talent from Taiwan with fat salaries, perks

A huge pay rise, eight free trips home a year and a heavily subsidized apartment. It was a dream job offer that a Taiwanese engineer simply […]
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