November 8, 2019

U.S. company directors compensated more than ever, but now risk backlash

The average annual compensation for non-executive directors at S&P 500 companies rose 2 percent to $304,856 last year, topping $300,000 for the first time and 43 […]
November 8, 2019

Exclusive: Boon for Hong Kong as Alibaba plans $15 billion listing in late November – sources

Chinese retail titan Alibaba plans to list in Hong Kong in the final week of November, two people with direct knowledge said, aiming to raise up […]
November 8, 2019

Total says to avoid fuel shortage as strike escalates at Feyzin refinery

French energy major Total said on Friday it was taking measures to avoid fuel and other products shortages after striking workers blocked distribution from its 110,000 […]
November 8, 2019

S&P 500, Nasdaq open lower as trade-fueled rally pauses

The S&P 500 and Nasdaq indexes opened slightly lower on Friday after a record run this week fueled by rising hopes of a U.S.-China trade truce […]
November 8, 2019

EasyJet, Jet2.com buy Thomas Cook’s UK airport slots

British budget airlines easyJet and Jet2.com have bought the take-off and landing slots of failed travel company Thomas Cook at London Gatwick and Manchester airports, respectively. […]
November 8, 2019

Daimler to cut 1,100 managing positions worldwide: Sueddeutsche Zeitung

Daimler will cut 1,100 leadership positions worldwide, or about 10% of its management, German daily Sueddeutsche Zeitung said on Friday, citing a newsletter circulated by the […]
November 8, 2019

Exclusive: Sudan needs up to $5 billion in budget support to prevent collapse

Sudan needs up to $5 billion in budget support to avert economic collapse and launch reforms after the ouster of veteran ruler Omar al-Bashir, its finance […]
November 8, 2019

GE unit orders 25 Airbus jets including 12 Rolls-powered A330neo: sources

Leasing giant GECAS, the aircraft leasing subsidiary of General Electric , has ordered 25 Airbus aircraft including a rare purchase of jets powered by GE’s rival […]
November 8, 2019

Exclusive: Alibaba planning launch of $15 billion HK listing for last week of November – sources

Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, two […]
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