Air France CEO meets Dutch politicians on KLM unrest
Air France-KLM chief executive Ben Smith on Friday met the Dutch finance and transport ministers, amid growing unrest at the company’s vital KLM subsidiary over plans for tighter integration with its French parent.
Hong Kong company sorry after ‘vacuum cleaner for her’ HSBC Valentine offer
Hong Kong telecoms company HKT apologized after a Valentine’s day deal it sent to HSBC staff offering discounted laptops “for him” but vacuum cleaners and kitchen appliances “for her” angered employees over its sexist implications.
China’s President Xi meets top U.S. trade delegation officials
Chinese President Xi Jinping met U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on Friday, following high-level negotiations aimed at striking a trade deal ahead of a March 1 deadline.
Watchdog extends monitor mandate at Deutsche Bank on Danske dealings
German financial watchdog Bafin has extended the mandate of its monitor at Deutsche Bank over the bank’s role in a money laundering scandal involving Danske Bank, Germany’s flagship lender said in a statement on Friday.
Mnuchin says U.S. had ‘productive’ trade meetings with China
Top U.S. and Chinese trade negotiators had “productive meetings”, U.S. Treasury Secretary Steven Mnuchin said in a tweet on Friday, as the world’s largest economies wound down two days of high-level talks to resolve their bruising trade war.
Seizing on Huawei’s troubles, Samsung bets big on network gear
Samsung Electronics is pouring resources into its telecom network equipment business, aiming to capitalize on the security fears hobbling China’s Huawei, according to company officials and other industry executives.
Lyft to woo investors with fast U.S. growth in IPO race with Uber
Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with the matter.
Asian stocks retreat as lackluster China, U.S. data weigh
Asian stocks fell on Friday, retreating from four-month highs after data out of China raised concerns over deflationary pressures building in the world’s second biggest economy.
Malaysian court allows ex-Goldman banker to return to U.S. to face 1MDB charges
Roger Ng, a former Goldman Sachs Group Inc banker caught up in the 1Malaysia Development Berhad (1MDB) fraud scandal, will be allowed to return to the United States to face criminal charges against him there, a Malaysian court ruled on Friday.
How Amazon scrapped its plans for a New York headquarters
More than a year of work to bring Amazon.com Inc’s headquarters and tens of thousands of jobs to New York City ended on Thursday with a couple of phone calls.
