Russia’s VTB has resources to buy Otkritie, says CEO
(Reuters) – Russia’s VTB Bank has the resources it needs to buy bailed out lender Otkritie Bank, the chief executive of state-controlled VTB said on Thursday, even though Russia’s second…
(Reuters) – Russia’s VTB Bank has the resources it needs to buy bailed out lender Otkritie Bank, the chief executive of state-controlled VTB said on Thursday, even though Russia’s second…
By Gabriel Araujo SAO PAULO – Brazil’s Natura & Co Holding SA said on Wednesday that Chief Executive and Executive Chairman Roberto Marques was stepping down in an organizational shakeup,…
By Joseph White DETROIT – General Motors Co Chief Executive Mary Barra said on Monday the automaker is “selling every truck we can build” and expanding North American truck-building capacity,…
NEW YORK – Morgan Stanley Chief Executive Officer James Gorman said on Monday that he thinks there is a roughly 50% chance that the U.S. economy will enter a recession,…
HELSINKI – Finland’s national carrier Finnair, hit hard by the closure of Russian airspace, plans to shift its focus away from Asia travel and reduce the size of its operations,…
For Further Information, Contact:Assistant U.S. Attorneys Kareem A. Salem (619) 546-8904 and John Parmley (619) 546-7957 SAN DIEGO – Joe Sery, former owner and chief executive officer of Tungsten Heavy…
By Divya Chowdhury MUMBAI – Standard Chartered Chief Executive Bill Winters expects central banks’ fight against surging inflation, driven by structural cost pressures such as wage growth, to result in…
BERLIN – Mercedes-Benz CEO Ola Kaellenius ruled out the possibility that two major Chinese shareholders could increase their stakes and create a blocking minority, in an interview with German daily…
(Reuters) – Shareholders of Shopify Inc on Tuesday voted in favor of protecting Chief Executive Officer Tobias Lutke’s 40% voting stake, a source told Reuters, citing preliminary results from the…
The awards seek to identify and honour the Most Respected C-level executives across the globe, from a variety of different sectors. They do not focus on a company’s success, as many do,…
Veteran International Luxury Real Estate Executive Will Lead Efforts to Expand and Identify New Markets, Agents, Agent Teams and Business Opportunities for the Brokerage. NEW YORK , June 2, 2022 —…
NEW YORK – Delta Air Lines Chief Executive Officer Ed Bastian said on Wednesday it was still trying to reach an aircraft deal with Boeing Co. Reuters reported in March…
CHICAGO – United Airlines Chief Executive Scott Kirby on Wednesday said air fares are returning to normal levels following the pandemic lows and there is “not a hint of evidence”…
By Paul Lienert and Ben Klayman (Reuters) – Ford Motor Co needs to overhaul its century-old business model – from slashing advertising spending to reworking its dealer network – if…
By Elizabeth Dilts Marshall and Niket Nishant NEW YORK – Wells Fargo & Co’s Chief Executive Officer Charlie Scharf said Wednesday he wants to grow Wells’ corporate and investment banking…
BERLIN – Rimac has raised 500 million euros ($537 million) in a new funding round, it said on Wednesday, but the Croatian carmaker’s chief executive cautioned sales would have to…
NEWARK, N.J. – The former chief executive officer of a publicly traded health care company was charged in an indictment filed today with two counts of securities fraud in connection…
By Giulia Segreti ROME -Shareholders in Italy’s Leonardo on Tuesday rejected a proposal by activist investor Bluebell Partners to start a liability action against the defence group’s chief executive Alessandro…
ROME – UniCredit Chief Executive Andrea Orcel ruled out on Tuesday that talks with Italy’s Treasury over the sale of state-owned bank Monte dei Paschi di Siena could resume. “The…
ZURICH – Nestle does not expect “significant infant formula shortages” in other markets the Swiss food maker serves outside the United States, Chief Executive Mark Schneider said in an interview…
BERLIN – Volkswagen plans to continue operations at its plant in China’s Xinjiang region despite reports of human rights violations there, the chief executive said in comments published by the…
Seattle – The former Chief Executive Officer of Northwest Physicians Laboratory (NWPL) was sentenced today in U.S. District Court in Seattle to two years in prison and $7.6 million in…
By Krystal Hu and Jane Lanhee Lee (Reuters) – Once a poor “skinny kid” from Malaysia, Hock Tan was going head-to-head with a legendary U.S. technology mogul for a transformative…
Damian Williams, the United States Attorney for the Southern District of New York, announced today the conviction of EDWARD SHIN, then-CEO of a Pennsylvania-based bank (the “Bank”), for taking bribes…
By Gabriel Araujo, Lisandra Paraguassu and Gram Slattery SAO PAULO – Shares of Brazil’s state-run oil company Petrobras plunged on Tuesday after the government ousted its chief executive for the…