HSBC’s incoming chairman set to face CEO succession questions
LONDON (Reuters) – Mark Tucker, the incoming chairman of HSBC , will likely face questions over who will take over as CEO when he meets investors in Europe’s biggest bank ahead of taking up his post at the lender in October.
Apple takes shine off global stocks rally
LONDON (Reuters) – Disappointment over the timing of Apple’s iPhone X release hampered further gains for world stock markets on Wednesday after an easing of concerns about North Korea sent indices to record highs.
Asian shares touch 10-year peak as Wall St. hits records
TOKYO (Reuters) – Asian stocks wobbled on Wednesday but still marked a 10-year peak, cheered by record highs on Wall Street, while shares of Apple Inc’s suppliers dipped following the release of the latest iPhone.
WhatsApp co-founder Brian Acton to leave company
(Reuters) – Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc , will leave the messaging service company to start a new foundation, he said in a Facebook post on Tuesday.
Asian shares lifted to 10-year high cheered by record highs on Wall St.
TOKYO (Reuters) – Asian shares inched up to a 10-year high on Wednesday, cheered by record highs on Wall Street, while the dollar’s rise against the yen helped boost Japanese shares.
Apple: Will a $1,000 phone deliver a $1 trillion company?
(Reuters) – At around $830 billion, Apple Inc’s stock market value on the day of its newest iPhone launch towers over its next-largest rival and has Wall Street asking: Will it be the first listed company to crack the Big T?
Wall Street ends at record high, led by banks; Apple weighs
(Reuters) – The major Wall Street indexes hit record closing highs on Tuesday, with financial stocks leading the charge, but gains were stunted by a decline in Apple Inc shares after it unveiled its latest line of iPhones.
Apple launches $999 iPhone X in bid to regain innovation lead
CUPERTINO, Calif. (Reuters) – Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a glass and stainless steel device with an edge-to-edge display that Chief Executive Tim Cook called “the biggest leap forward since the original iPhone.”
Jamie Dimon says his eventual successor works at JPMorgan
NEW YORK (Reuters) – Jamie Dimon, CEO of JPMorgan Chase & Co , said on Tuesday that his eventual successor is an executive working at the bank.
P&G’s business structure takes center stage in Trian proxy fight
NEW YORK (Reuters) – Trian Partners, the activist fund seeking a seat on Procter & Gamble Co’s board, stepped up its criticism of the company’s business structure on Tuesday, a day after P&G’s chief executive attacked Trian’s proposed reorganization as “dangerous.”
