Month: December 2019

Nomura has picked joint operations chief Kentaro Okuda to lead a turnaround of Japan’s biggest brokerage and investment bank, taking over from chief executive Koji Nagai, who will become chairman. … Read More

New European Central Bank President Christine Lagarde asked EU lawmakers on Monday to give her time to learn the ropes of her new job and reshape the ECB’s monetary policy. … Read More

Silicon Valley venture capital firm Accel Partners said on Monday it had raised $550 million for a new India-focused fund aimed at backing early-stage startups in the country.   – … Read More

The British public’s expectations for inflation over the next 12 months fell to their lowest level since June, a survey by polling company YouGov for U.S. bank Citi showed on … Read More

Global reinsurers are stepping up their warnings to life insurer clients about the potential risks of vaping, putting pressure on underwriters to charge certain vapers higher rates than smokers, or … Read More

German defence group Rheinmetall has rejoined the auction for Volkswagen’s transmissions maker Renk, as a mid-December deadline for the process approaches, people close to the matter said.   – Reuters: … Read More

Iran is still selling its oil despite U.S. sanctions on Tehran’s exports, the country’s Vice President Eshaq Jahangiri was quoted on Monday as saying by state TV, adding that Washington’s … Read More

British fashion retailer Ted Baker said it may have overstated inventory by as much as 25 million pounds ($32.08 million) and appointed an independent law firm to take stock of … Read More

Nissan Motor Co is committed to its automaking alliance with Renault SA but will not look to deepen its capital ties with the French automaker any time soon, its new … Read More

Wall Street opened largely flat on Monday as President Donald Trump said he would restore tariffs on metal imports from Brazil and Argentina, with investors shrugging off a surprise rise … Read More