Lloyds Banking Group Chief Executive António Horta-Osório will step down next year after spending a decade at the helm, the lender said on Monday as it appointed industry veteran Robin Budenberg as its new chairman.
Asian shares held near four-month highs on Monday as investors counted on super-cheap liquidity and fiscal stimulus to sustain the global economic recovery even as surging coronavirus cases delayed reopenings across the United States.
The valuation of Asian shares surged to a 10-1/2-year high in June, tracking a rally in global stocks, as upbeat U.S. and China data renewed hopes of a swift economic recovery, offsetting concerns over rising coronavirus cases.
The valuation of Asian shares surged to a 10-1/2-year high in June, tracking a rally in global stocks, as upbeat U.S. and China data renewed hopes of a swift economic recovery, offsetting concerns over rising coronavirus cases.
Ford Motor's China ventures reported year-on-year sales growth for June as the world's biggest auto market continues to recover from coronavirus-induced lows.
Aviva Chief Executive Officer Maurice Tulloch is stepping down with immediate effect for family health reasons, the UK insurer said on Monday, naming independent director and former Zurich Insurance executive Amanda Blanc as his replacement.
PwC, Deloitte, KPMG and EY should ring fence auditing as a separate business by June 2024 to improve the quality of auditing, Britain's accounting watchdog said on Monday.
JERUSALEM: Israel on Monday launched a new spy satellite that it said would provide high-quality surveillance for its military intelligence. Israel has been building up its surveillance capabilities to monitor enemies such as Iran, whose nuclear program it sees as a major threat. The satellite ...
Around one fifth of German companies (21per cent) believe their survival is threatened by the coronavirus crisis, Germany's Ifo institute said on Monday, with travel agents, hotels and restaurants particularly concerned.
After surpassing Toyota Motor Corp as the world's most valuable automaker and stunning with forecast-beating deliveries, Tesla Inc has taken time out to poke fun at the company's naysayers - with sales of red satin shorts.
