December 14, 2018

SoftBank telco IPO sees strong demand despite Huawei, network disruption

Domestic investors have sought nearly double the number of shares offered by SoftBank Group Corp’s soon-to-list wireless unit, two sources from a lead IPO underwriter said, […]
December 14, 2018

Exclusive: China Development Bank supervising HNA asset sales – sources

China Development Bank (CDB) is leading a team to supervise HNA Group’s asset disposals as the heavily indebted conglomerate scales back operations to a point that […]
December 14, 2018

Thyssenkrupp proposes former Bayer finance chief as CFO

Thyssenkrupp said on Friday it would propose former Bayer finance chief Johannes Dietsch as its chief financial officer, continuing to fill numerous vacant jobs that have […]
December 14, 2018

Thyssenkrupp appoints Walker as new boss of elevator unit

Industrials conglomerate Thyssenkrupp on Friday appointed Peter Walker as the new chief executive of its prized elevators unit, the group said. Powered by WPeMatico
December 14, 2018

LVMH to buy Belmond luxury hotel group for $3.2 billion

French luxury goods group Louis Vuitton Moet Hennessy has agreed to buy luxury hotel group Belmond in a deal valuing the company at $3.2 billion. Powered […]
December 14, 2018

Airbus names Mhun as next programs chief

Airbus on Friday named services boss Philippe Mhun as its next head of programs, succeeding defense and commercial aerospace veteran Didier Evrard, who is scheduled to […]
December 14, 2018

Asian shares jolted by weak Chinese data, growth risks

Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a sharp slowdown in the world’s second-biggest economy and […]
December 14, 2018

Nissan board unlikely to select new chairman on Monday: source

Nissan Motor Co’s board is unlikely to select a chairman to succeed Carlos Ghosn as had been expected on Dec. 17 after a panel tasked to […]
December 14, 2018

Apple China says it will push software update in bid to resolve Qualcomm case

Apple Inc, facing a court ban in China on some of its iPhone models over alleged infringement of Qualcomm Inc patents, said on Friday it will […]
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