February 11, 2019

Five PG&E directors to remain in revamped board

PG&E Corp expects only five of its current 10-strong board to stand for reelection at an annual shareholder meeting in May, as it restructures after filing […]
February 11, 2019

Altria to tap European bond market to help fund Juul stake buy

Altria Group will tap the European investment grade corporate bond market to help finance its $12.8 billion purchase of a stake in e-cigarette maker Juul Labs […]
February 11, 2019

Stocks inch higher as investors look ahead to trade talks, Brexit

World stock markets edged higher on Monday, as investors eyed the resumption of trade talks between the United States and China and watched for signs of […]
February 11, 2019

Rolex backs Ellison’s SailGP with long-term partnership

Swiss watchmaker Rolex raised its aquatic profile on Monday in a long-term partnership with SailGP, a new $1 million winner-takes-all series backed by Oracle boss Larry […]
February 11, 2019

Airopack’s debt revamp collapses, cites accounting issues

Airopack’s recapitalization plan collapsed as lenders including Apollo Global Management demanded repayment following the discovery of “inadequate sales and accounting practices”, the Swiss aerosol packaging maker […]
February 11, 2019

UBS revamps compensation scheme for 10,000 staff

UBS has reorganized its pay policy for 10,000 back-office workers, Switzerland’s biggest lender said on Monday, changing how their bonuses are calculated. Powered by WPeMatico
February 11, 2019

Qatar revamps investment strategy after Kushner building bailout

When news emerged that Qatar may have unwittingly helped bail out a New York skyscraper owned by the family of Jared Kushner, Donald Trump’s son-in-law, eyebrows […]
February 11, 2019

World stocks gain as investors eye trade talks, Brexit

World stock markets rose on Monday, as investors eyed the resumption of trade talks between the United States and China and watched for signs of progress […]
February 11, 2019

UK financial lobby group TheCityUk names HSBC’s Tucker as chairman

British financial industry lobby group TheCityUk has appointed HSBC Chairman Mark Tucker as chairman of its board, it said on Monday, replacing his Barclays counterpart John […]
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