U.S. stocks edge higher ahead of midterms, Fed; dollar falls
Energy and financial stocks pushed U.S. equities higher on Monday, on the eve of U.S. midterm elections to determine whether President Donald Trump’s Republican Party retains control of the U.S. Congress and ahead of a meeting of Federal Reserve policy…
Luxottica founder to propose Milleri as EssilorLuxottica CEO
Leonardo Del Vecchio plans to propose Luxottica Chief Executive Francesco Milleri as CEO of the new merged group EssilorLuxottica , a spokesman for the Luxottica founder said on Monday.
Third Point says buybacks allowed Campbell heirs to build power
Daniel Loeb’s Third Point LLC criticized Campbell Soup Co’s board on Monday for allowing the grandchildren of the company’s former chairman to quietly build voting power through the soup maker’s share buybacks in recent decades.
Oil mixed as U.S. imposes sanctions on Iran, Tehran defiant
Oil prices were mixed on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on Iran but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic.
Evelyn Davis, known as corporate gadfly, dies at 89
Evelyn Davis, who became known as a corporate gadfly for her attendance and relentless questioning of top executives at scores of U.S. annual shareholder meetings over a period of decades, has died at age 89.
Goldman Sachs names Americas activism defense co-heads
Goldman Sachs Group Inc has appointed investment bankers David Dubner and Pete Michelsen to be co-heads of activism and shareholder advisory for the Americas, the bank said on Monday in a memo.
Trump says he wants to go slower on sanctions for Iran’s oil
U.S. President Donald Trump on Monday said he wants to impose sanctions on Iran’s oil gradually, citing concerns about shocking energy markets and causing global price spikes.
Luxottica’s Del Vecchio to propose Milleri as EssilorLuxottica CEO
Luxottica founder Leonardo Del Vecchio plans to propose Luxottica Chief Executive Francesco Milleri as CEO of the new merged company EssilorLuxottica , a spokesman for Del Vecchio said on Monday.
Lloyds to axe 6,000 jobs, create 8,000 new roles: Sky News
Lloyds Banking Group Plc will cut around 6,000 jobs, while adding 8,000 new roles as part of a planned 3 billion pound ($3.91 billion) investment, Sky News reported https://news.sky.com/story/lloyds-to-create-2000-jobs-in-drive-to-digitise-banking-gia…
U.S. will allow three Iranian civil nuclear projects to continue
The United States will allow non-proliferation civil nuclear projects at Arak, Bushehr and Fordow in Iran “under the strictest scrutiny,” the State Department said on Monday, as the country began reimposing strict sanctions on Iran.
