Novartis CEO pledges to speed data integrity disclosures
Novartis Chief Executive Vas Narasimhan promised to inform U.S. regulators quickly if credible questions emerge internally over data integrity, he told investors on Monday, following data manipulation allegations involving the Swiss drugmaker’s $2.1 m…
Nissan CEO Saikawa to step down on September 16
Nissan Motor Co’s embattled chief executive will step down on Sept. 16 and will be temporarily replaced by Chief Operating Officer Yasuhiro Yamauchi, the automaker’s board chairman said on Monday.
Stocks gain on stimulus hopes, pound hits six-week high
Stocks gained on Monday as investors pinned their hopes on expected stimulus from the world’s central banks to support slowing growth, while the pound hit a six-week high on hopes that Britain will not quit the EU without a deal.
Big Ag wants a cut of booming fake-meat market
Bunge Ltd, one the world’s biggest grain traders, recently disclosed the 1.6% stake it had purchased in the fast-growing fake-meat startup Beyond Meat.
Futures edge higher on hopes of monetary stimulus
U.S. stock index futures ticked higher on Monday, as mixed global economic data drove expectations of monetary stimulus from central banks, including the U.S. Federal Reserve.
As China trade war escalates, 2020 U.S. Democrats scramble over their message
The growing economic fallout from President Donald Trump’s drawn-out trade war with China would appear to be a ready-made opportunity for Democratic presidential contenders seeking to blunt his central 2020 re-election pitch: That he has made the economy great again.
Ferrari mixes sport with power in new Spider and GTS models
Italy’s Ferrari showed off two new cars on Monday as it pursues an aggressive roll-out of new premium models to sustain turbo-charged core earnings and share price growth.
U.S. states kick off antitrust probe expected to focus on Google
Texas Attorney General Ken Paxton on Monday will detail a multi-state antitrust probe of potentially anticompetitive practices at major U.S. technology companies, which is expected to focus on Alphabet’s Google .
Uber Eats to pull out of South Korea amid tough competition
Uber Technologies Inc’s restaurant delivery business will terminate its service in South Korea, Uber Eats said on Monday.
British Airways cancels 1,700 flights as pilots strike
British Airways (BA) pilots began a two-day strike on Monday, grounding nearly all of its flights and disrupting thousands of passengers in a dispute over pay.