HSBC announced the shock departure of Chief Executive Officer John Flint after just 18 months in the role, saying the bank needed a change at the top to address "a challenging global environment".
U.S. activist investor Elliott urged German classifieds group Scout24 on Monday to sell its car listings division and ramp up a share buyback program to boost returns to investors.
U.S. broadcaster Fox Corp on Monday agreed to buy Credible Labs Inc in a deal valuing the online finance broker at $397 million, as the Murdoch-controlled firm hunts for growth following the sale of its film and TV assets to Disney.
Asian shares suffered their steepest daily drop in 10 months on Monday, as Sino-U.S. trade friction sent the yuan slumping to a more than decade trough and stampeded investors into safe harbors including the yen, bonds and gold.
Japanese telco SoftBank Corp said on Monday its operating profit in the quarter ended June rose 4%, in line with estimates, as the number of mobile users grew.
KKR's offer to buy out minority shareholders in Axel Springer has cleared its minimum acceptance threshold of 20%, both firms said on Monday, bringing a plan to take the German publisher private closer to completion.
HSBC ousted Chief Executive Officer John Flint after just 18 months in that role, in a surprise move that the lender's chairman said was necessary to accelerate progress of its strategic priorities.
When 23-year-old Chinese student Aaron Huang started his hunt for an Android replacement for his Apple iPhone in April this year, it was clear which brand was trying hardest to win him over.
HSBC ousted John Flint as chief executive after just 18 months in a shock move the chairman of Europe's biggest bank said was needed to speed up progress on priority areas such as the turnaround of its U.S. business.
Global stocks fell for a sixth day on Monday as an escalation of trade tensions between the United States and China spooked markets and the yuan fell to its lowest levels in over a decade.
U.S. activist investor Elliott [ECAL.UL] has urged German classifieds group Scout24 to sell its car listings business and ramp up a share buyback program to boost returns to investors.
Britain has signed a 350 million pound ($425 million) contract with Rolls-Royce to provide maintenance for the engines of Typhoon fighter jets.
Global stocks fell for a sixth day on Monday as an escalation of a trade war between the United States and China spooked markets and the yuan fell to its lowest levels in over a decade.
Ming-Chi Kuo of TF International Securities says that Apple has planned ahead for the trade war and should be able to offset the costs.
U.S. stock index futures pointed to more losses on Monday as China's yuan hit its lowest in a decade, spurring a continuation of a sell-off on trade concerns on Friday that generated the S&P 500's worst weekly performance of 2019.