April 8, 2019

EU’s Vestager says Europe must lead the way with a digital tax

Europe needs to decide on a digital tax and should lead the way if there is insufficient consensus globally, the EU competition commissioner Margrethe Vestager, said […]
April 8, 2019

Credit Suisse under fire from proxy advisor for ‘unjustified’ CEO bonus

Credit Suisse’s shareholders should vote against the bank’s compensation report at the April 26 annual general meeting, proxy advisor Glass Lewis said, citing an “unjustified CEO […]
April 8, 2019

Scandal-prone Korean Air chairman dies weeks after board ouster

Korean Air patriarch, chairman and CEO Cho Yang-ho died of a chronic illness on Monday, weeks after shareholders ended his 27-year tenure on the board of […]
April 8, 2019

Carlyle to buy up to $4.8 billion stake in Cepsa from Abu Dhabi’s Mubadala

U.S. buyout firm Carlyle Group has agreed to buy between 30 and 40 percent of Spanish energy company Cepsa from Abu Dhabi state investor Mubadala, valuing […]
April 8, 2019

Ashley raises pressure on Debenhams ahead of lender deadline

Sports Direct boss Mike Ashley battled to take control of Debenhams on Monday just hours before it was due to fall into the hands of lenders, […]
April 8, 2019

SoftBank-backed Grab targets $2 billion more in funding this year in big business push

Grab aims to raise another $2 billion this year as it ramps up expansion, its chief executive said, just weeks after announcing over $4.5 billion of […]
April 8, 2019

Demand for Aramco’s bond ‘north of’ $30 billion: Falih

Demand for Saudi Aramco’s inaugural international bond, which will be issued this week, is higher than $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday. […]
April 8, 2019

Oil climbs to five-month high amid OPEC cuts, U.S. sanctions and Libya fighting

Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting […]
April 8, 2019

Exclusive: Grab targets another $2 billion funding this year: CEO

Grab expects to raise another $2 billion from strategic investors this year, the CEO of Southeast Asia’s biggest ride-hailing firm said, just weeks after it announced […]
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