Credit Suisse CEO says cheered by traders’ Brexit performance
GENEVA (Reuters) – Credit Suisse Chief Executive Tidjane Thiam congratulated all the bank’s trading teams for the way they handled the aftermath of the Brexit referendum, he said in a newspaper interview published on Sunday.
German authority would not have approved beta-phase Tesla autopilot: newspaper
FRANKFURT (Reuters) – Germany’s Federal Office for Motor Vehicles (KBA) would not have approved the autopilot system installed on Tesla cars if the technology was still in a beta-phase version, it told German newspaper Welt am Sonntag.
UK to finalize Boeing patrol plane, helicopter deals: sources
FARNBOROUGH, England (Reuters) – British Prime Minister David Cameron is likely to finalize multi-billion dollar deals with Boeing on Monday to buy nine P-8A Poseidon maritime patrol planes and to upgrade 50 Apache helicopters, two industry sources sa…
European tech investors spot safe havens from Brexit worries
FRANKFURT (Reuters) – Technology investors seeking refuge after Brexit are picking companies delivering instant access to services for Web and mobile customers or firms mainly doing business globally which can benefit from the pound’s fall.
Exclusive: WellCare, Centene make offers for Aetna assets – sources
(Reuters) – WellCare Health Plans Inc and Centene Corp have made competing offers for the Medicare Advantage insurance plans that Aetna Inc looks to shed in seeking clearance for its acquisition of Humana Inc , people familiar with the matter said….
Kimberly-Clark halts Venezuela operations on deteriorating economy
CARACAS (Reuters) – Personal care products maker Kimberly-Clark Corp. on Saturday said it was halting its Venezuela operations due to the deteriorating economic situation that includes soaring consumer prices and shortages of basic goods.
SNB says ready to adapt in post-Brexit market: newspaper
GENEVA (Reuters) – The Swiss National Bank must be ready to react flexibly to any short term threats or opportunities arising from Brexit, SNB Chairman Thomas Jordan said in a newspaper interview published on Sunday.
Interim fix for A400M engine issue certified: Airbus
RAF FAIRFORD, England (Reuters) – European authorities have certified an interim fix for a power gearbox issue with engines on Airbus Group SE’s A400M transport aircraft, paving the way for countries to resume normal operations of the planes, company …
Jack Ma says lawsuits, probes help Alibaba to be understood
HANGZHOU, CHINA (Reuters) – Lawsuits and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday.
Global economy ‘grim’ and G20 must step up to fix it: China
SHANGHAI (Reuters) – The global economic situation is grim and major economies must lead the way in tackling problems including sluggish growth and weak trade, China’s trade minister Gao Hucheng said on Saturday.
