AirAsia X names new CEO to take over from co-founders
Malaysia’s long-haul budget carrier AirAsia X on Thursday appointed Nadda Buranasiri as its new group chief executive officer to take over from its co-founders.
Carl Icahn sues Dell over plans to go public
Activist investor Carl Icahn sued Dell Technologies on Thursday, alleging that the computer maker did not disclose financial information related to its plans to go public by buying back its tracking stock .
Signs of relief emerge for battered U.S. homebuilding stocks
U.S. homebuilders’ earnings have been hit by rising mortgage rates in the latest quarter, but their shares are showing signs of recovering.
From pharma to prisons, election-sensitive stocks that could swing
Tuesday’s midterm U.S. congressional elections stand to have broad effects on federal government policies that could ripple through industries from healthcare and tech to gunmakers and prisons.
Deutsche Bank draws activist investment from former JPMorgan CFO
New York-based activist hedge fund Hudson Executive Capital LP has taken a stake in Deutsche Bank to become one of the German lender’s largest investors.
Amid trade war, China premier says Sino-U.S. ties can improve
China and the United States can overcome their differences and get relations back on track if they work together in a spirit of mutual respect, Chinese Premier Li Keqiang told a group of visiting U.S. politicians on Thursday.
Music streaming leader Spotify reports modest rise in paid users
Spotify , the world’s most popular paid music streaming service, on Thursday reported a modest 5 percent rise in premium subscribers for its third quarter, while revenue and gross margins were roughly in line with market expectations.
Cigna profit beats on strength in commercial health plan unit
Cigna Corp on Thursday posted a better-than-expected third-quarter profit as the health insurer earned more in premiums and added more members to its commercial health plans.
World stocks start month firmer as risk sentiment rebounds
Global stocks began the new month buoyantly on Thursday after a brutal October while the pound rallied on reports that Britain and the European Union were close to a post-Brexit deal on financial services.
Google workers walk out to protest office harassment, inequality
Over 1,000 Google employees and contractors in Asia and Europe staged brief midday walkouts on Thursday, with more expected to follow at offices worldwide, amid complaints of sexism, racism and unchecked executive power in their workplace.
