Reckitt picks PepsiCo exec as CEO, going outside for first time
Consumer goods group Reckitt Benckiser has picked PepsiCo executive Laxman Narasimhan as its next chief executive, becoming the latest industry heavyweight to turn to a company outsider to tackle faltering growth and new media-savvy rivals.
UK PM May says Hong Kong extradition must be in line with Sino-British declaration
British Prime Minister Theresa May said extradition rules in Hong Kong had to respect the rights and freedoms set out in the 1984 Sino-British Joint Declaration.
Shares snap seven-day hot streak; U.S. inflation next hurdle
World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an impending reading on U.S. inflation was set to refine the odds of an early cut in interest rates there.
Hong Kong police fire rubber bullets as extradition bill protests turn to chaos
Hong Kong police fired rubber bullets and tear gas at demonstrators who threw plastic bottles on Wednesday as protests against an extradition bill that would allow people to be sent to mainland China for trial descended into violent chaos.
Britain calls on Hong Kong to pause extradition bill, maintain rights
Britain urged the Hong Kong government to “pause and reflect” on an extradition bill that has sparked widespread protests, and said the former British colony must take steps to protect its rights, freedoms and high degree of autonomy.
Wall Street split on Tesla 2019 delivery promises
Tesla Inc shares rose almost 3% in early trade on Wednesday, with analysts still divided on the electric-car maker’s chances of meeting delivery and production targets in the months ahead, after comments by Chief Executive Officer Elon Musk at an annua…
Global shares snap seven-day winning streak; U.S. inflation next hurdle
World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an impending reading on U.S. inflation was set to refine the odds of an early cut in interest rates there.
Adidas shares slide as traders say top investor GBL to cut stake
By Thyagaraju Adinarayan, Emma Thomasson and Philip Blenkinsop
Reckitt picks PepsiCo man as CEO, going outside for first time
Consumer goods group Reckitt Benckiser has picked PepsiCo executive Laxman Narasimhan as its next chief executive, becoming the latest industry heavyweight to turn to a company outsider to tackle faltering growth and new media-savvy rivals.
Hong Kong police fire rubber bullets as protests turn to violent chaos
Hong Kong police fired rubber bullets and tear gas at demonstrators who threw plastic bottles on Wednesday as protests against an extradition bill that would allow people to be sent to mainland China for trial turned to violent chaos.
