Category: Uncategorized
BP short-lists three internal candidates for CEO
Reuters Reuters exclusively reported that BP’s (BP.L) board has short-listed interim CEO Murray Auchincloss and two senior female executives as internal candidates to replace Bernard Looney as chief executive. BP was thrown into turmoil after Looney resigned on Sept. 12 for failing to disclose relationships with employees and leaving no clear succession plan in place. …
Read MoreHow Swiss authorities bungled Credit Suisse oversight
Reuters Reuters exclusively reported that about six months before Credit Suisse was sold to rival UBS in a weekend rescue, the head of the Swiss central bank wanted to inject 50 billion Swiss francs ($57.6 billion) into the lender and nationalise it. The post How Swiss authorities bungled Credit Suisse oversight appeared first on Reuters…
Read MoreVodafone shares climb as Iliad proposes Italian merger
Reuters Reuters exclusively reported that French telecoms group Iliad was preparing to submit a joint venture proposal with Vodafone Italy, the subsidiary of the UK group. Shares in Vodafone, which said last month it was reviewing options in Italy, rose 6.6% on the joint-venture proposal, which Reuters first reported on Friday. The deal would be…
Read MoreQatarEnergy CEO says new LNG supply deals ‘imminent’
Reuters Reuters reported that QatarEnergy expects to agree new long-term liquefied natural gas supply deals in Asia and Europe, with several “imminent”. The post QatarEnergy CEO says new LNG supply deals ‘imminent’ appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/qatarenergy-ceo-says-new-lng-supply-deals-imminent/
Read MoreOMV, ADNOC close to agreeing deal for chemicals company tie up
Reuters Reuters exclusively reported that Abu Dhabi National Oil Co (ADNOC) is closing in on a deal with Austria’s OMV (OMVV.VI) to combine two entities in which the companies own stakes to create a chemicals giant, two people with knowledge of the talks said. In July OMV said it had entered into talks to merge…
Read MoreAustria stalls Russian sanctions over Raiffeisen blacklisting
Reuters Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. The post Austria stalls Russian sanctions over Raiffeisen blacklisting appeared first on Reuters…
Read MoreApple offers to let rivals access tap-and-go tech in EU antitrust case
Reuters Reuters exclusively reported that Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that could settle EU antitrust charges and stave off a possible hefty fine. The EU competition enforcer last year charged Apple with curbing rivals’…
Read MoreThyssenkrupp may have to pay up to forge steel business deal
Reuters Reuters exclusively reported that German conglomerate Thyssenkrupp may need to hand over cash or keep hold of some pension liabilities to win Czech billionaire Daniel Kretinsky as a co-owner of its iconic steel business it is trying to divest. The post Thyssenkrupp may have to pay up to forge steel business deal appeared…
Read MoreBritain, US sanction Russian hackers over years-long FSB cyberespionage campaign
Reuters Reuters exclusively reported that The British and U.S. governments imposed sanctions on two Russian hackers on Thursday for what Britain’s foreign office said was a sustained but failed attempt to interfere in politics by Russian cyber spies. A hacking group cybersecurity researchers dubbed “Cold River”, working on behalf of Russia’s Federal Security Service (FSB),…
Read MoreGoogle pushes for antitrust action against Microsoft in UK cloud market
Reuters Reuters reported that Google (GOOGL.O) has called on Britain’s antitrust regulator to take action against Microsoft (MSFT.O), claiming its business practices had left rivals at a significant disadvantage. The post Google pushes for antitrust action against Microsoft in UK cloud market appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/google-pushes-for-antitrust-action-against-microsoft-in-uk-cloud-market/
Read More