Aston Martin names its board ahead of IPO
Luxury carmaker Aston Martin announced the appointment of a non-executive chairwoman on Monday alongside a series of other proposed roles as it confirmed its intention to pursue an initial public offering.
Volvo Cars listing delayed on valuation concerns: FT
Chinese company Geely [GEELY.UL] is delaying the listing of Volvo Cars due to valuation concerns amidst a global trade war, the Financial Times reported.
Oil climbs as U.S. drilling stalls, Washington sanctions against Iran loom
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November.
Alibaba’s Jack Ma to step down in one year, Zhang to become chairman
Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in exactly one year on Sept. 10, 2019, the company said.
Oil prices climb as U.S. drilling stalls, Iran sanctions loom
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November.
Asian shares on slippery slope as Trump ups ante in trade war
Asian shares started the week in the red on Monday, faltering for the eighth straight day while the dollar climbed as U.S. President Donald Trump raised the stakes in the heated trade dispute with China.
Alibaba’s Jack Ma to step down in Sept. 2019, Zhang to become chairman
Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in exactly one year on Sept. 10, 2019, the company said.
CBS CEO Moonves resigns amid new allegations of sexual misconduct
Leslie Moonves, the top executive at CBS Corp since 2006 and a major figure at the broadcast network and media company for more than two decades, resigned on Sunday amid a new wave of allegations against him of sexual assault and harassment.
Toyota says parts plant preparing to resume output after Hokkaido quake
Toyota Motor Corp said on Monday its transmission factory in northern Japan was preparing to resume production some time during the night shift starting at 8:30 p.m. (1130 GMT), after a powerful quake halted work last week.
Oil prices climb as U.S. energy firms cut rigs, Iran sanctions loom
Oil prices rose on Monday as the number of U.S. rigs drilling for new production was cut last week and as the market is expected to tighten once U.S. sanctions against Iran’s crude exports kick in from November.
