November 15, 2018

Proxy advisory firm ISS favors vote for Third Point nominees at Campbell

Shareholder advisory firm Institutional Shareholder Services on Wednesday recommended that Campbell Soup Co investors elect all five of Third Point hedge fund’s board nominees, giving a […]
November 15, 2018

China’s stay-at-home shoppers propel luxury sales: Bain

Luxury brands will increasingly have to court Chinese shoppers on their home turf, as local purchases soar among a clientele who are forecast to generate nearly […]
November 15, 2018

Apple supplier AMS cuts forecast, indicating poor iPhone demand

Austria’s AMS , which makes facial recognition technology, became the latest Apple supplier to cut its revenue forecast, adding to growing evidence that the latest iPhones […]
November 15, 2018

Liberty Global ‘not desperate’ to sell Swiss business: CFO

Cable operator Liberty Global is investing to strengthen its Swiss UPC video offering so it could stand alone if a strategic partner isn’t found, CFO Charlie […]
November 15, 2018

Ford CEO open to investors in autonomous vehicles but cautious on VW

Ford Motor Co Chief Executive Jim Hackett told Reuters the automaker is open to investment by automakers and others in its autonomous vehicle business, but cautioned […]
November 15, 2018

Swiss watchdog investigates banks over alleged payments system boycott

Switzerland’s competition watchdog has raided the offices of financial companies, including Credit Suisse and UBS , to investigate a suspected boycott of mobile payment solutions such […]
November 15, 2018

British Brexit turmoil spooks investors, boosts dollar, yen

The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain’s Brexit deal with the European Union was plunged into uncertainty, spooking investors […]
November 15, 2018

Sterling heads for second biggest drop this year as Brexit deal faces hurdles

The British currency plunged on Thursday and is set for its second biggest drop this year as opposition mounted at Prime Minister Theresa May’s draft deal […]
November 15, 2018

Adecco chief calls for life-long learning to dodge jobs ‘time bomb’

Companies should set up portable accounts to pay for life-long learning to help workers upgrade their skills and remain employable as robots take over more jobs, […]
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