Starbucks names Hyatt executive Patrick Grismer as its new CFO
Starbucks Corp on Monday named Patrick Grismer as its new chief financial officer, marking another leadership change at the company in the past year as it battles intense competition in a cooling U.S. coffee market.
PIMCO’s Amey says Britain to avoid disorderly Brexit
The pound can strengthen 5 to 10 percent from current levels because Britain and the European Union are likely to reach an agreement to avert a disorderly Brexit, the head of sterling portfolios at fund management giant PIMCO said on Monday.
Emerging markets ‘as prepared as they can be’ for U.S. rate moves: Fed’s Bullard
Emerging markets were “as prepared as they can be” for changes to U.S. monetary policy as the Federal Reserve had been as “transparent” as possible, St. Louis Federal Reserve Bank President James Bullard said in Singapore on Monday.
Stada, buyout funds in race for Bristol-Myers’ French business: sources
German generic drugmaker Stada is vying with a group of European buyout funds for control of Bristol-Myers Squibb’s French over-the-counter drugs business, sources familiar with the matter told Reuters.
Facebook debuts smart speaker for Messenger video calls
Facebook Inc on Monday released a smart speaker designed to ease video calls, but the company’s history of privacy mishaps and the device’s price and limited functionality could slow it from taking on market leaders Amazon.com Inc and Alphabet Inc’s …
Exclusive: Microsoft’s $7.5 billion GitHub deal set for EU approval – sources
U.S. software giant Microsoft is set to win unconditional EU antitrust approval for its $7.5 billion purchase of privately held coding website GitHub, two people familiar with the matter said on Monday.
PIMCO’s Amey says Britain to avoid disorderly Brexit, bets on sterling strength
The pound can strengthen 5 to 10 percent from current levels because Britain and the European Union are likely to reach an agreement to avert a disorderly Brexit, PIMCO’s head of sterling portfolios said on Monday.
Exclusive: EU regulators to okay without conditions Microsoft, GitHub deal
EU antitrust regulators are set to approve Microsoft’s $7.5 billion bid for coding website GitHub without demanding concessions, two people familiar with the matter said on Monday.
Shares slide on ‘powerful cocktail’ of China slump, Treasuries and Italy
European markets fell on Monday as investor confidence took a knock from last week’s spike in Treasury yields and from a Chinese market slump brought on by concern that an escalating trade war with the United States could curb China’s growth.
U.S. data ‘looking good’ ahead of December rates meeting, Fed’s Bullard says
St. Louis Federal Reserve Bank President James Bullard said on Monday that any further interest rate hike in United States this year should depend on data, but that indicators were “looking good”.
