Foxconn announces leadership overhaul as chairman seeks Taiwan presidency
Apple supplier Foxconn on Tuesday announced a leadership overhaul that will see more executives involved in the running of its daily operations, as Chairman Terry Gou seeks to run in Taiwan’s 2020 presidential election.
Roche names new head of $13 billion diagnostics unit
Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping down to focus on his expanded duties as interim head of Swiss engineering group ABB.
Asia stocks rise as policy tweaks boost China markets
Asian stocks gained on Tuesday, led by Chinese shares after Beijing eased financing rules to boost local government spending on public works, and bolstered by investor relief following a U.S. decision to hold off import tariffs on Mexico.
Roche reshuffles board, executive posts
Swiss drugmaker Roche on Tuesday announced changes to its board and executive leadership as longtime director Peter Voser stepped down to concentrate on his expanded duties at engineering group ABB.
Factbox: Some of the biggest candidates for Shanghai’s new tech board
Shanghai’s new Nasdaq-style Sci-tech Innovation Board has so far drawn applications from 120 companies.
Fear and fervor propel Shanghai’s tech board amid trade, Huawei tensions
Chinese companies and investors are lining up in spades to take part in Shanghai’s new Nasdaq-style tech board, with a groundswell of patriotic support surging further after the U.S. blacklisting of telecom firm Huawei inflamed trade tensions.
Asia stocks gain amid Mexico reprieve, firmer Chinese shares
Asian stocks, led by Chinese shares, gained on Tuesday as markets basked in relief following the U.S. decision to hold off from imposing import tariffs on Mexico as the two governments agreed a deal to combat illegal migration from Central America.
Amazon embraces U.S. government business, despite occasional controversy
The head of Amazon.com Inc’s cloud computing division on Monday said the company would work with any government agency that followed the law, in contrast with rival Microsoft Corp, which has touted its rejection of controversial sales.
Huawei executive says goal to be world’s top phone maker some time off
China’s Huawei Technologies Co Ltd will need more time to become the world’s largest smartphone maker, a goal it originally aimed to achieve in the fourth quarter of this year, a senior executive said on Tuesday.
Citi launches co-branded credit cards with SE Asia’s Grab in push for more customers
Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital firms, a senior Citi executive said.
