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Bayer investor sues top executives for 'disastrous' Monsanto deal

Bayer shares are down 31% since the company completed the $63 billion takeover of Monsanto, prompting some investors to demand the resignation of Chief Executive Officer Werner Baumann.

Bayer investor sues top executives for 'disastrous' Monsanto deal
Updated On : 07 Mar 2020 | 8:45 PM IST

Asia's fried-chicken king takes $2 bn hit in market value with US gamble

Fueled by concerns the spread of the disease will weigh on consumer spending, Jollibee shares have dived more than 18% this year, adding to losses in 2019, their worst in two decades.

Asia's fried-chicken king takes $2 bn hit in market value with US gamble
Updated On : 07 Mar 2020 | 8:45 PM IST

Exxon CEO Darren Woods calls rivals' climate goals a 'beauty competition'

Much-derided plastic even came in for some praise, with Exxon Senior Vice President Jack Williams arguing that it's "a net benefit to society and to the environment."

Exxon CEO Darren Woods calls rivals' climate goals a 'beauty competition'
Updated On : 07 Mar 2020 | 2:01 AM IST

Climate crisis: CEOs beware, shareholders want you to go green fast

At least one major UK company already faces a hard-hitting resolution aimed at making it more green.

Climate crisis: CEOs beware, shareholders want you to go green fast
Updated On : 07 Mar 2020 | 1:54 AM IST

Lessons for handling virus shocks

The coronavirus has touched off an accelerating series of economic and social disruptions around the world

Lessons for handling virus shocks
Updated On : 07 Mar 2020 | 1:02 AM IST

HDFC Bank in talks with Goldman Sachs Group's Harit Talwar for CEO role

The Mumbai-based lender has a market capitalisation of about $86 billion, giving it a bigger standing than major US banks like Goldman and Morgan Stanley

HDFC Bank in talks with Goldman Sachs Group's Harit Talwar for CEO role
Updated On : 07 Mar 2020 | 12:59 AM IST

Microsoft says two employees have been diagnosed with coronavirus

Microsoft had asked workers who can to do their jobs from home through March 25, and that guidance remains unchanged based on the new cases.

Microsoft says two employees have been diagnosed with coronavirus
Updated On : 06 Mar 2020 | 10:42 PM IST

China posts worst factory activity on record as coronavirus weighs

The collapse in economic activity seen in the data was largely due to virus control measures that have made it hard for workers to travel back after Lunar New Year

China posts worst factory activity on record as coronavirus weighs
Updated On : 01 Mar 2020 | 1:23 AM IST

Singer's Elliott Management seeks to replace Twitter CEO Jack Dorsey

Elliott's push comes at a pivotal time with the US election, Summer Olympics and other major events, like the spread of the coronavirus, which tend to attract more users and advertisers to Twitter

Singer's Elliott Management seeks to replace Twitter CEO Jack Dorsey
Updated On : 01 Mar 2020 | 12:00 AM IST

Porsche to lean on green financing for its $6.6 billion electric-car plan

Porsche turned to green financing ahead of the debut of the $100,000-plus Taycan, its first battery-powered car

Porsche to lean on green financing for its $6.6 billion electric-car plan
Updated On : 29 Feb 2020 | 8:59 PM IST

Bezos among biggest losers as coronavirus robs world's richest of $444 bn

The drubbing more than erased the $78 billion in gains that the 500 wealthiest people had amassed since the start of the year through last week, according to the Bloomberg Billionaires Index

Bezos among biggest losers as coronavirus robs world's richest of $444 bn
Updated On : 29 Feb 2020 | 7:41 PM IST

Geneva car show cancelled in bid to contain coronavirus outbreak

The trade fair, which was due to start Monday, will return next year, Palexpo SA, which runs the Geneva convention center, said Friday in a video briefing to exhibitors

Geneva car show cancelled in bid to contain coronavirus outbreak
Updated On : 29 Feb 2020 | 3:05 AM IST

J&J ordered by Florida jury to pay $9 million in talc-cancer case

The talc litigation may eventually cost the company as much as $10 billion, according to Bloomberg Intelligence

J&J ordered by Florida jury to pay $9 million in talc-cancer case
Updated On : 29 Feb 2020 | 1:59 AM IST

Economic tonic from Rajan: Fight virus first and worry about stimulus later

The priority should be on convincing companies and households that the virus is under control, said the former RBI governor

Economic tonic from Rajan: Fight virus first and worry about stimulus later
Updated On : 28 Feb 2020 | 11:40 PM IST

Upbeat Rolls-Royce says it is finally getting over engine troubles

Rolls-Royce expects to deliver 450 of the wide-body engines in which it specializes this year

Upbeat Rolls-Royce says it is finally getting over engine troubles
Updated On : 28 Feb 2020 | 11:35 PM IST

BRIC seekers of UK golden visa double since 2015 despite Brexit

BRIC applicants accounted for 40% of total global refusals in 2019

BRIC seekers of UK golden visa double since 2015 despite Brexit
Updated On : 28 Feb 2020 | 11:33 PM IST

Donald Trump says coronavirus risk to Americans 'remains very low'

US President Donald Trump said Americans face little risk from the coronavirus outbreak , seeking to ease public concern after lawmakers raised concern that the government is unprepared.

Donald Trump says coronavirus risk to Americans 'remains very low'
Updated On : 28 Feb 2020 | 2:41 AM IST

Coronavirus outbreak: Goldman Sachs Group sees gold hitting $1,800

The bank raised its 12-month projection by $200, and said "in the event that the virus effect spreads to Q2, we could see gold top $1800/oz already on a 3-month basis."

Coronavirus outbreak: Goldman Sachs Group sees gold hitting $1,800
Updated On : 28 Feb 2020 | 2:39 AM IST

Bernie Sanders scores decisive Nevada win driven by Hispanic, black voters

With 60 per cent of precincts reporting, Sanders had 46 per cent to Joe Biden's 19.6 per cent of the county delegates

Bernie Sanders scores decisive Nevada win driven by Hispanic, black voters
Updated On : 24 Feb 2020 | 3:18 AM IST

Australia govt says climate change targets can't risk economy, jobs

Australia may continue to be an exporter of thermal coal in 2050, according to Anthony Albanese, leader of the main opposition Labour Party, that's targeting net zero emissions by that date.

Australia govt says climate change targets can't risk economy, jobs
Updated On : 24 Feb 2020 | 2:47 AM IST