November 14, 2019

Danish prosecutor charges Danske Bank for overcharging customers

Danske Bank said on Thursday it has been preliminary charged by the Danish prosecutor for overcharging customers for an investment product. Powered by WPeMatico
November 14, 2019

SoftBank’s Yahoo Japan in merger talks with Line, shares jump

SoftBank’s Yahoo Japan is in talks to merge with messaging app operator Line Corp to create a $27 billion tech giant and help the Japanese conglomerate […]
November 14, 2019

Alibaba to pioneer paperless listing in break with Hong Kong norm

Alibaba’s planned $13.4 billion share sale will be Hong Kong’s first paperless stock market listing, a source with knowledge of the matter said, breaking with a […]
November 14, 2019

Oil gains on U.S. crude stocks fall, OPEC comments on slower U.S. shale growth

Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production […]
November 14, 2019

Daimler seeks 1 billion euros in savings at Mercedes-Benz by cutting jobs

Tougher emissions rules will hit Daimler’s profits in 2020 and 2021, prompting the German carmaker to seek more than 1 billion euros ($1.1 billion) in savings […]
November 14, 2019

Icahn takes stake in HP, pushes for merger with Xerox: WSJ

Activist investor Carl Icahn has bought a $1.2 billion stake in HP Inc and is pushing for the personal computer maker’s merger with printer maker Xerox […]
November 14, 2019

One of China’s richest men named in Hikvision securities probe

China’s securities regulator is investigating one of the country’s richest men for alleged violation of disclosure rules as a director of U.S.-blacklisted surveillance camera giant Hikvision […]
November 14, 2019

Global miner BHP taps Australia head Henry as new CEO

BHP Group Ltd on Thursday named its Australian head Mike Henry to succeed Andrew Mackenzie as the miner’s chief executive, shunning calls from some investors for […]
November 14, 2019

Factbox: New BHP CEO Henry to drive efficiencies, focus on social license

Global miner BHP Group Ltd on Thursday appointed 16-year company veteran Mike Henry as its new chief executive from Jan. 1 next year, replacing Andrew Mackenzie. […]
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