Chief Executive

Wall Street firms retreat from office, holiday parties as virus spreads

Wall Street banks and investment firms are retrenching from their push to get staff back to the office, with Citigroup…

4 years ago

Telecom Italia issues third profit warning in a year

Telecom Italia (TIM) (TLIT.MI), facing a takeover approach from U.S. fund KKR (KKR.N), has cut the 2021 earnings forecast for its domestic…

4 years ago

Airlines place their bets, looking past pandemic to renew fleets

As the world hunkers down for Omicron, some investors might expect the global jet market to be withering away. Far…

4 years ago

Uber looking to sell Didi, China market has little transparency, CEO says

Uber Technologies Inc (UBER.N) is looking to sell stakes in non-strategic assets including its holding in Beijing-based Didi Global Inc…

4 years ago

Exclusive: Uber in talks with Mideast unit over outside investment – sources

Uber Technologies (UBER.N) is in talks with the management of its Middle East unit Careem to bring outside investors into the business,…

4 years ago

Carmaker Stellantis sees more revenue from software by 2030

Carmaker Stellantis (STLA.MI) plans to generate about 4 billion euros ($4.5 billion) in additional annual revenue by 2026 from software-enabled products and…

4 years ago

Welcome to the Tinderverse: Tinder’s CEO talks metaverse, virtual currency

Dating app Tinder is exploring how to blur the boundaries between offline and online worlds, CEO Renate Nyborg said in…

4 years ago

Apple tells suppliers demand for iPhone 13 lineup has weakened – Bloomberg News

Apple Inc (AAPL.O) has told its parts suppliers that demand for the iPhone 13 lineup has slowed, Bloomberg News reported on Wednesday, citing people…

4 years ago

Global airlines prepare for Omicron-induced volatility

Airlines are bracing for a fresh round of volatility due to the Omicron variant of COVID-19 that could force them…

4 years ago

EXCLUSIVE Investcorp revs up to sell Italian motorcycle clothing brand Dainese – sources

Investcorp is gearing up to sell Italian motorcycle clothing brand Dainese in a deal that could value the 49-year firm,…

4 years ago