Chief Executive

Exclusive: Credit Suisse sounds out investors about capital hike – sources

Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the…

3 years ago

EXCLUSIVE Sea’s Shopee shuts operations in Argentina, Chile, Colombia, Mexico -sources

Sea Ltd's (SE.N) e-commerce arm told employees on Thursday it was shutting local operations in Chile, Colombia and Mexico, and leaving Argentina…

3 years ago

Meta, Qualcomm sign pact on custom virtual reality chips

Meta Platforms Inc (META.O) signed an agreement to have chip-maker Qualcomm Inc (QCOM.O) produce custom chipsets for its Quest virtual reality (VR) devices, the…

3 years ago

Exclusive: Shell’s CEO van Beurden prepares to step down next year -sources

Shell (SHEL.L) has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after…

3 years ago

Korea’s SK invests $100 million in EV-focused startup Atom Power

Korea’s SK Inc (034730.KS) has invested $100 million in North Carolina startup Atom Power, which aims to upgrade the electric vehicle (EV)…

3 years ago

Italy’s Ali Group sees shelter from economic storm in Welbilt deal

Welbilt's exposure to the U.S. fast-food market will make new Italian owner Ali Group more resilient in a slowing global…

3 years ago

Alibaba aims to add primary listing in Hong Kong, woo China investors after crackdown

Alibaba (9988.HK) plans to add a primary listing in Hong Kong to its New York presence, targeting investors in mainland China as…

3 years ago

Vodafone sees progress in resolving Germany issues

Vodafone (VOD.L) is making progress towards resolving issues in its biggest market Germany after suffering a drop in service revenue there, its…

3 years ago

KPMG escapes record fine over Carillion, Regenersis audit checks

KPMG was fined 14.4 million pounds ($17.27 million) on Monday after the accounting firm admitted to providing false and misleading…

3 years ago

Baidu unveils autonomous vehicle without steering wheel

China's search engine giant Baidu Inc on Thursday unveiled its new autonomous vehicle (AV) with a detachable steering wheel, with…

3 years ago