Citi names Peter Crawley treasury and trade head for Britain and Europe
Peter Crawley has been appointed as Citigroup Inc’s treasury and trade solutions (TTS) head for Britain and Europe, based in London, and will move into his new role with effect from April 6, according to a memo seen by Reuters.
Global stocks hover near seven-week lows as virus fears hit China markets after holiday
A gauge of global stocks hovered near seven-week lows on Monday as Asian stocks plunged on their first trading day after a long break, amid fears the coronavirus epidemic would hit Chinese demand.
Morgan Stanley donates $20 million to children’s mental health programs
Morgan Stanley said on Monday it will give $20 million to seven nonprofit groups working to prevent youth suicide and fight depression and other children’s mental health problems.
Imperial Brands hires Inchcape’s Bomhard as CEO to revive e-cigarette sales
Cigarette maker Imperial Brands Plc named Stefan Bomhard, CEO of car dealer Inchcape , as its new chief executive on Monday to steer the company through challenges in e-cigarettes and vaping and falling consumption of tobacco products.
Ryanair makes Boeing offer for new MAX order
Ryanair has submitted an offer to Boeing for a new order of its grounded 737 MAX jet but does not expect to finalize it until the plane returns to service, Chief Executive Michael O’Leary said on Monday.
Diagnostic gear costs knock profits at Siemens Healthineers
Siemens Healthineers’ operating income slipped 11% in the first quarter of its financial year, despite higher revenue, as the German company sold less profitable imaging machines and incurred ramp-up costs for its new blood-testing machines.
Global stocks at seven-week lows as virus fears hit China after holiday
A gauge of global stocks was near seven-week lows on Monday as Asian stocks plunged on their first trading day after a long break, amid fears the coronavirus epidemic would hit demand in China.
Oil wavers as coronavirus hits demand and OPEC+ considers deeper cuts
Oil prices were little changed in the face of conflicting signals on Monday, with demand concerns resulting from the coronavirus outbreak countered by the possibility of deeper crude output cuts by OPEC and its allies.
OPEC+ considering further 500,000 bpd oil output cut: sources
OPEC and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to the impact on oil demand from the coronavirus, three OPEC+ sources and a industry source familiar with the discussions said.
Worldline’s $8.7 billion Ingenico deal to create European payments leader
Payments company Worldline agreed on Monday to buy French rival Ingenico in a 7.8 billion euro ($8.7 billion) deal, creating a European leader in a sector trying to keep up with fast-changing consumer habits and technologies.
