Arla’s CFO steps down to take up position at Ahold Delhaize
Arla Foods, one of the world’s largest dairy firms, said on Tuesday that Chief Financial Officer Natalie Knight will leave the company at the end of February because she is moving to Belgian food retailer Ahold Delhaize .
China will keep door open to foreign investment, global industry despite trade war
China will take steps to safeguard its interests, but won’t close its door to foreign investment and the global industry despite trade frictions with the United States, a Chinese official said on Tuesday.
Infosys probes alleged ‘unethical practices’ by top officials; shares sink
Infosys Ltd said it was investigating whistleblower claims accusing its top two executives of “unethical practices” to boost short-term profit, sending its shares to their worst intraday fall in over six years.
Fintech Revolut to launch in the U.S. by year-end with Mastercard deal
Digital banking app Revolut is set to begin issuing its cards in the United States by the end of this year via a partnership with payments company Mastercard Inc MA.N, the two companies said on Tuesday.
Oil slips as demand concerns outweigh U.S.-China trade optimism
Oil prices edged lower on Tuesday as lingering worries over a global economic slowdown that could hurt demand offset some signs of progress in U.S.-China trade talks.
Diaper rush: conquering a $9 billion market no one wants to talk about
The time may not be far off when more adults need diapers than babies as the population grows older, potentially a huge opportunity for manufacturers of incontinence products – if they can lift the stigma that has long constrained sales.
UBS, authorities eye client overcharges in Singapore and Hong Kong
UBS is working with relevant authorities to address inappropriate spreads it may have charged wealthy clients whose money was booked in Hong Kong and Singapore in debt securities transactions, it said in its third-quarter report on Tuesday.
Renault chairman can ‘never say never’ on Fiat but deal not on table
Renault Chairman Jean-Dominique Senard said on Tuesday that a possible deal with Italian carmaker Fiat was not on the table for now, although he did not rule out it being re-examined at some stage in the future.
Walmart chief seeks stable business environment from India’s Modi: ET
Walmart Inc’s chief executive has written to Prime Minister Narendra Modi seeking certainty and predictability in India’s business environment, the Economic Times newspaper reported on Tuesday, citing people familiar with the matter.
China will monitor U.S. entities list, further open to foreign investment
China will closely monitor the U.S. “entity list”, which has led to sanctions on a few Chinese tech firms, and take measures to safeguard its rights and interests, the Ministry of Industry and Information Technology (MIIT) said.
