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Nissan Motor Co CEO Hiroto Saikawa will resign on Sept. 16, the automaker said on Monday, bowing to pressure after he admitted to being improperly overpaid and marking further upheaval … Read More
Wells Fargo forecast a bigger-than-expected drop in 2019 net interest income on Monday, largely due to lower interest rates. -Reuters: Money News
Indian retail inflation likely rose to a 10-month high in August primarily driven by higher food prices, while staying below the Reserve Bank of India’s medium-term target of 4%, a … Read More
Nissan Motor Co’s nominating committee will discuss potential successors for Chief Executive Hiroto Saikawa at a meeting on Monday, after he privately signalled his readiness to resign, a source with … Read More
Asian stocks tip-toed higher on Monday amid a cautious market mood as investors hoped for stimulus to support growth in the world’s major economies. -Reuters: Money News
British Airways pilots began a 48-hour strike on Monday, grounding most of the airline’s flights and disrupting thousands of travellers’ plans in unprecedented industrial action over a pay dispute. … Read More
When former Saudi oil minister Ali al Naimi crushed oil prices in 2014 by adding to global oversupply, one man in the kingdom stood firmly against this strategy. -Reuters: … Read More
Ferrari will reveal its latest sports car on Monday as the Italian premium automaker pursues an aggressive roll-out of new models to sustain its turbo-charged core earnings and share price … Read More
Britain’s position as a top hub for maritime services is being eroded by competition, a loss of shipping finance business and the removal of tycoon-friendly tax breaks, a report said, … Read More
With a giant gas project expansion in the tropical highlands of remote Papua New Guinea bogged down by politics, the country’s biggest company, Oil Search, is turning for growth to … Read More