NMC Health vice chair quits, shares fall further
NMC Health said on Friday Executive Vice Chairman Khalifa Butti Omeir Bin Yousef had resigned from its board, the latest sign of turbulence at the United Arab Emirates largest private healthcare provider as it eyes a sale to one of two private equity …
Samsung’s jailed board chairman quits
Samsung Electronics’ board Chairman Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on Friday.
Renault’s 2020 vision clouded as ‘tough’ year leads to first loss in a decade
Renault reported its first loss in a decade and cut its 2020 margin target on Friday, as it attempts to draw a line under the Carlos Ghosn affair and reboot its Nissan alliance.
China urges U.S. to stop suppressing Chinese companies after Huawei indictment
China’s foreign ministry said on Friday it urges the United States to immediately stop suppressing Chinese companies without reason, after U.S. prosecutors unveiled a new indictment against Huawei Technologies.
Renault sets lower profit goal in crunch reboot year
French carmaker Renault on Friday posted its first loss in 10 years and set a lower operating margin goal for 2020, a crunch year for its planned reboot alongside partner Nissan after a scandal surrounding former boss Carlos Ghosn.
Cathay Pacific turns to old playbook for virus crisis amid employee resistance
Leaning on its SARS experience, Hong Kong’s Cathay Pacific Airways Ltd has slashed flights, asked staff to take unpaid leave and is re-assessing its fleet as it battles an epidemic and a crisis of morale after pro-democracy protests.
KLM apologizes after airliner crew’s coronavirus toilet note sparks outrage in South Korea
KLM, the Dutch arm of Air France KLM , offered a public apology on Friday after a crew member sparked online outrage by posting a sign in Korean saying passengers on a recent flight were not allowed to use a toilet because of the new coronavirus.
Dolce & Gabbana founders have received offers but have no plans to sell: paper
Italy’s Dolce & Gabbana founder Stefano Gabbana said on Friday he had received proposals to buy the group but had no intention to sell.
Nissan shares tumble to ten-and-a-half year low after earnings rout
Shares of Nissan Motor Co fell to their lowest in 10-1/2 years on Friday, tumbling nearly 10% after the struggling Japanese automaker cut its annual profit forecast and said it would not pay a dividend in the second half.
Samsung Electronics board chairman jailed for union-busting activities offers to resign
Samsung Electronics said on Friday that board chairman Lee Sang-hoon, who was sentenced to jail in December for sabotaging union activities, had offered to resign, without elaborating on a reason.
