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Global miner BHP taps Australia head Henry as new CEO

BHP Group Ltd on Thursday named its Australian head Mike Henry to succeed Andrew Mackenzie as the miner's chief executive, shunning calls from some investors for fresh blood from outside the Anglo Australian giant.



5 years ago

Factbox: New BHP CEO Henry to drive efficiencies, focus on social license

Global miner BHP Group Ltd on Thursday appointed 16-year company veteran Mike Henry as its new chief executive from Jan. 1 next year, replacing Andrew Mackenzie.



5 years ago

Warren lashes out at Goldman over Apple Card bias claims: Bloomberg

U.S. Senator Elizabeth Warren questioned Goldman Sachs's response to allegations of bias in how the bank evaluates applicants for Apple Inc's credit card, suggesting it should pull down the algorithm if it cannot be explained, Bloomberg reported on Wednesday.



5 years ago

Icahn pushes for Xerox-HP merger: WSJ

Activist investor Carl Icahn is pushing for the proposed merger of Xerox Corp and HP Inc , arguing that a union of the printer makers could make big profits for investors, the Wall Street Journal reported on Wednesday.



5 years ago

Southwest pilots union says Boeing may be trying to hasten 737 MAX return

The head of the Southwest Airlines Co pilot union Wednesday sharply criticized Boeing Co and questioned whether the manufacturer was trying to speed up the timeline for the 737 MAX's return to service.



5 years ago

Too old to get rich? No way, if you follow these 7 tips for starting a business

Starting a business at any age is a lot of work and a lot of hours. But there's one thing that should not stop you: your age.

5 years ago

Humboldt County gets the green light: How business is changing as America's marijuana epicenter goes legal

The historic epicenter of the marijuana industry and of America's pot culture in general is remote Humboldt County, California.

5 years ago

Giant Aramco listing a critical test for young Saudi exchange

The imminent listing of oil giant Aramco will be a pivotal moment for Saudi Arabia's young and untested Tadawul stock exchange.



5 years ago

Osram backs AMS takeover as auto downturn triggers 2019 loss

Osram urged shareholders to back a $5 billion takeover bid from Austria's AMS and said it would cut costs and not pay a dividend as it posted a loss for the fiscal year ending in September, hit by a downturn in the auto industry.



5 years ago

Explainer: What a roll-back of Trump tariffs on Chinese goods may look like

The latest bargaining chip in U.S.-China negotiations to cool a 16-month-old trade war is whether President Donald Trump would roll back tariffs on hundreds of billions of dollars' worth of Chinese imports, and how soon.



5 years ago

Markets hope for positive signs from Trump trade speech

U.S. President Donald Trump is scheduled to discuss the country's trade policy at the Economic Club of New York on Tuesday, and the markets are likely to hang on every word.



5 years ago

L'Oreal, Nestle score big at Alibaba's Singles' Day shopping fest

Chinese shoppers snapped up food supplements, facial masks and baby milk powder at the world's largest shopping festival, with brands such as L'Oreal and Nestle among the biggest winners, Alibaba data showed.



5 years ago

Asia stocks in dark on trade, seek enlightenment from Trump

Asian share markets edged higher on Tuesday and Europe looked set to follow as investors awaited a speech by President Donald Trump on U.S. trade policy and on news he will likely delay a decision on whether to slap tariffs on European autos.



5 years ago

Huawei to give staff $286 million bonus for helping it ride out U.S. curbs

Chinese telecoms giant Huawei Technologies said on Tuesday it will hand out 2 billion yuan ($286 million) in cash rewards to staff working to help it weather a U.S. trade blacklisting.



5 years ago

Nissan reports 70% second quarter profit slump, slashes full-year outlook

Nissan Motor Co Ltd reported a 70% profit tumble on Tuesday and cut its full-year outlook to an 11-year low, as the Japanese automaker continued to grapple with falling sales and the aftermath of the ouster of former Chairman Carlos Ghosn.



5 years ago