Perrigo replaces CEO Rohrhoff with consumer goods veteran
Perrigo Co Plc on Monday replaced its chief executive officer of 10 months, Uwe Rohrhoff, with consumer goods industry veteran Murray Kessler, as the generic drugmaker sharpens its focus on consumer healthcare business.
Global shares slip on China growth fears, dollar gains
Global equity markets fell on Monday amid unease over the impact of the U.S.-China trade war on China’s growth, while the dollar gained against the euro as Italian bond yields spiked on a brewing spat over Italy’s budget plans.
Nasdaq drops for third day on global growth worries
The tech-heavy Nasdaq fell on Monday for the third straight day as a sell-off in Chinese markets sparked concerns about slowing global economic growth, though the S&P 500 pared losses to end nearly flat.
CBS to look for potential buyers after Moonves probe ends: Fox journalist
(This version of the October 8 story corrects first paragraph to say CBS is a “broadcast and media” company, not a “cable” company)
Ford picks BBDO as lead creative agency in blow to Britain’s WPP
Ford has chosen Omnicom’s BBDO as its lead creative advertising agency in a symbolic blow to its partner of 75 years, WPP .
WPP loses role as Ford’s lead creative agency
Advertising giant WPP has lost its position as lead creative agency for Ford Motor Co , WPP said.
S&P 500 cuts declines to end flat; Nasdaq falls
The S&P 500 cut losses to end nearly flat on Monday after having been weighed down by concerns about slowing Chinese economic growth due to trade tensions between China and the United States.
Volkswagen furloughs workers in Brazil as demand from depressed Argentina weakens
Volkswagen’s Brazil operation is putting workers on a 20-day furlough, the company said on Monday, citing reduced demand from Argentina, which is undergoing an economic crisis that has derailed growth and slashed spending power.
Global shares slide on China growth fears, dollar gains
A gauge of global equity markets fell on Monday amid unease over the impact of the escalating U.S.-Sino trade war on China’s growth, while the dollar gained versus the euro and Italian bond yields spiked on a spat over Italy’s budget plans.
Volkswagen set to hire four banks for truck unit IPO: sources
Volkswagen is close to hiring Citigroup , Deutsche Bank , Goldman Sachs and JP Morgan to help with the potential stock market listing of its truck unit Traton, two people familiar with the matter told Reuters on Monday.
