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Reliance Jio lands cash infusion from US private equity firm Silver Lake
Reliance Jio, India's biggest mobile carrier, just got a big cash injection from Silver Lake, the US private equity firm with a winning track record of big bets on promising tech giants......»»
Exclusive: HSBC CEO Quinn faces strategy rethink as coronavirus bites - source
One of Noel Quinn's first jobs as chief executive of HSBC will be to review the radical revamp he unveiled last month as interim boss, a senior source at the bank said......»»
Malaysia"s AirAsia X defers A330neo deliveries as virus pressures frail finances
Malaysian long-haul budget airline AirAsia X said it will defer delivery of 78 Airbus SE A330neo planes and consider other changes to reduce its fleet, as the coronavirus outbreak adds pressure on the loss-making carrier......»»
This revamp will be different, says HSBC boss; staff not so sure
Noel Quinn, the interim chief executive of HSBC , says this time things are going to be different......»»
BP boss Looney sets out to "reinvent" oil giant with zero carbon goal
BP set one of the oil sector's most ambitious targets for curbing carbon emissions on Wednesday as new chief executive Bernard Looney began the biggest revamp in its 111-year history......»»
Air France-KLM says not involved in Malaysia Airlines sale talks
Air France-KLM said on Tuesday it had previously held talks with the owners of Malaysia Airlines but was not engaged in current efforts to find new investors for the carrier......»»
Air France-KLM proposes buying 49% of Malaysia Airlines, JAL seeks smaller stake: sources
Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM which wants as much as 49% while Japan Airlines is looking at a 25% stake, sources with knowledge of the matter said......»»
Peugeot boss Tavares has car manual for fixing Fiat Chrysler
With a track record of streamlining Peugeot's portfolio of vehicles, engines and platforms and offering generous layoffs Carlos Tavares has a ready-made manual for combining France's most profitable carmaker with Fiat Chrysler (FCA)......»»
Italy"s Atlantia interested in relaunch not rescue of Alitalia: paper
Italy's Atlantia is still interested in supporting the relaunch, and not the rescue, of ailing carrier Alitalia [CAITLA.UL], the chairman of the infrastructure group said in an interview on Friday......»»
GE hires Maersk executive for CFO post as Culp extends revamp
General Electric Co. hired Carolina Dybeck Happe as its next chief financial officer, giving top boss Larry Culp a new partner to help tackle one of the trickiest turnaround efforts in corporate America......»»
GE hires Maersk executive for CFO post as Culp extends revamp
General Electric Co. hired Carolina Dybeck Happe as its next chief financial officer, giving top boss Larry Culp a new partner to help tackle one of the trickiest turnaround efforts in corporate America......»»
Exclusive: Sanofi"s strategy boss to leave as CEO readies revamp
Sanofi's executive vice president in charge of strategy and business development, Muzammil Mansuri, a member of the French drugmaker's executive committee, will leave the firm by the end of the month, according to a memo seen by Reuters......»»
Government Lays Groundwork For Air India Sale
The Indian government has begun scheduling investor meetings for the sale of a 100% stake in financially ailing flag carrier Air India, according to Indian media reports. The carrier, shouldering lo.....»»
Can a New CEO Get Subway Back on Track or Is the Company Looking to Sell Itself?
After more than a year with an interim boss, privately held Subway has named a permanent CEO. What's in store for the largest (by number of stores) fast-food chain in the country?.....»»
Amtrak on track to break even for first time in company history, executives say
The government-owned rail carrier said a record 32.5 million riders took trips on Amtrak trains during its fiscal year ending in Sept. 2019......»»
SeaWorld: Still "on track" to revamp killer whale shows this year
One of the goals SeaWorld Entertainment Inc. announced to the world three years ago is now coming due: The revamping of its killer whale shows. In 2016, then-SeaWorld CEO Joel Manby went on TV with the Humane Society of the United States to announce th.....»»
United Airlines revamps its MileagePlus frequent traveler program
The Chicago-based carrier's frequent traveler program is getting a revamp for 2020 that will likely ignite debate about who it benefits and at what cost......»»
United revamps its MileagePlus frequent traveler program
The Chicago-based carrier's frequent traveler program is getting a revamp for 2020 that will likely ignite debate about who it benefits and at what cost......»»
How your boss is likely tracking you, spying on your devices
Like Facebook and Google, your employer may be the next to spy on and track you. Like Facebook and Google, your employer may be the next to spy on and track you. .....»»
Thyssenkrupp: new boss, new job cuts?
Thyssenkrupp's new chief executive has paved the way for deeper job cuts at the ailing German conglomerate. David Pollard reports......»»