Royal Bank of Scotland CEO Ross McEwan resigns
Royal Bank of Scotland plc said on Thursday that Chief Executive Ross McEwan has resigned from his role, signaling a refresh of leadership and direction at the state-backed lender as it continues its journey to full private ownership.
Nokia reports surprise first quarter loss, sees pressure in second half
Finnish telecom network equipment maker Nokia reported a surprise quarterly loss on Thursday, citing hard competition in its core networks business.
Nokia reports surprise first quarter loss
Finnish telecom network equipment maker Nokia reported a surprise quarterly loss on Thursday, citing hard competition in its core business, the networks unit.
Swedbank first-quarter profit above forecast, says cooperating with U.S. authorities
Swedish bank Swedbank reported first-quarter profit above market expectations on Thursday but admitted to past anti money-laundering shortcomings and said it was cooperating with authorities, including those of the United States.
Ex-Nissan boss Ghosn to walk free again after posting $4.5 million bail
Former Nissan Motor Chairman Carlos Ghosn was set to walk out of a Japanese detention center for a second time since his arrest last year on financial misconduct charges, after posting the $4.5 million bail set by a Tokyo court on Thursday.
Asian shares slip; German, Korean data hurt risk appetite
Asian shares slipped to three-week lows on Thursday as a surprise deterioration in German and South Korean economic data rekindled fears of slowing global growth, while oil prices pulled back slightly after a sharp run-up earlier in the week.
Panasonic may upgrade Japan plant to make advanced Tesla batteries: source
Panasonic Corp may upgrade one of its battery plants in Japan to produce advanced-format battery cells for Tesla Inc if needed by the U.S. electric vehicle (EV) maker, a person familiar with the matter told Reuters on Thursday.
Ex-Nissan boss Ghosn to walk free, again, after court sets bail at $4.5 million
Former Nissan Motor Co Chairman Carlos Ghosn looked set to walk out of a Japanese detention center for the second time since his arrest last year on financial misconduct charges, after a Tokyo court on Thursday set his bail at $4.5 million.
SoftBank invests $125 million in Alphabet venture to put cellphone antennas in the sky
A SoftBank Corp business seeking to find a way to fly cellphone antennas high in the atmosphere to provide internet in underserved areas said on Wednesday it was investing $125 million in an Alphabet Inc spinoff working on the same problem.
Tesla’s Musk ‘sees merit’ in capital raise, vows profit in third quarter after large loss
Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.
