Nissan’s Ghosn poised for third salary after being confirmed as Mitsubishi chairman
TOKYO (Reuters) – Nissan Motor Co Ltd and Renault SA CEO Carlos Ghosn is set to receive a third salary after Nissan-controlled Mitsubishi Motors Corp on Wednesday approved the Frenchman as its chairman along with a tripling in compensation for board…
Actelion talks to new party, reported to be Sanofi, as J&J drops bid
NEW YORK/ZURICH (Reuters) – Switzerland’s Actelion Ltd confirmed it was in talks about a “strategic transaction”, with a report that Sanofi had filled the gap left after U.S. healthcare group Johnson & Johnson ended its takeover bid.
Manhattan apartment sales prices top $2 million for first time: survey
NEW YORK (Reuters) – The average sales price of an apartment in Manhattan is expected to top $2 million this year for the first time, but prices are seen leveling off in 2017 after nearly doubling over the past decade.
Goldman Sachs expected to name Solomon, Schwartz as Cohn successors: WSJ
(Reuters) – Goldman Sachs Group Inc is expected to elevate David Solomon and Harvey Schwartz to be top lieutenants to Chief Executive Lloyd Blankfein, according to a Wall Street Journal report on Tuesday citing people familiar with the matter.
Asia confidence slips as firms fret about sluggish demand, political uncertainty: Thomson Reuters/INSEAD poll
KUALA LUMPUR (Reuters) – Confidence in Asia toward business conditions over the coming six months dropped in the final quarter of 2016 to its lowest level in a year as firms fretted about sluggish demand in a persistently low-growth economic environmen…
HSBC launches special lending facility for start-ups in China’s Pearl River Delta
HONG KONG (Reuters) – HSBC has launched a $290 million lending facility aimed at technology start-ups and other new industries in China’s Pearl River Delta region, intensifying the battle for a slice of a business that is growing despite a slowing econ…
New accusations against former Fox News head Ailes in lawsuit
(Reuters) – New sexual harassment accusations against former Fox News network chief Roger Ailes were revealed in a lawsuit filed against 21st Century Fox on Monday.
Wells Fargo fails ‘living will’ test, faces restrictions: U.S. regulators
NEW YORK/WASHINGTON (Reuters) – U.S. officials on Tuesday limited Wells Fargo & Co’s ability to grow its business, punishing the bank for not having a sufficient plan to protect markets in the case of bankruptcy.
Wall St. adds to record rally, Dow approaches 20,000
(Reuters) – U.S. stocks racked up new all-time highs on Tuesday and the Dow Jones industrial average ended fewer than 100 points away from the 20,000 mark as a post-election rally showed no signs of fatigue.
IBM promises to hire Americans as tech executives set to meet Trump
(Reuters) – IBM Chief Executive Ginni Rometty pledged to hire and train workers in the United States as she and other technology executives prepared to meet on Wednesday with U.S. President-elect Donald Trump.
