Nissan Chief Executive Hiroto Saikawa said he wanted to “pass the baton” to the next generation as soon as possible, the Nikkei newspaper reported on Monday, as speculation mounted he could announce his resignation from the troubled automaker.
Britain’s position as a top hub for maritime services is being eroded by competition, a loss of shipping finance business and the removal of tycoon-friendly tax breaks, a report said, deepening uncertainty for its financial sector as Brexit nears.
British Airways pilots began a 48-hour strike on Monday, grounding most of the airline’s flights and disrupting thousands of travelers’ plans in unprecedented industrial action over a pay dispute.
Insured losses from Hurricane Dorian are expected to total several billions of dollars, German reinsurer Munich Re said on Sunday.
JPMorgan Chase & Co is close to winning the lead advisory role for Saudi Aramco’s initial public offering, a source familiar with the situation said on Sunday.
Saudi Aramco is likely to give roles to Citi , Goldman Sachs , HSBC and Samba Financial Bank for its planned initial public offering (IPO), a source familiar with the transaction said on Sunday.
Nissan Motor Co Chief Executive Hiroto Saikawa has told some executives he plans to resign, the Nikkei newspaper reported on Sunday, in what would mark the latest upheaval over governance at the troubled Japanese automaker.
Q: This sounds silly, but I just don’t know how you invest in what you know while still exploring new sectors?
A: Investing in what you know is a sound piece of advice as long as you don’t take it too seriously. I’m speaking from my own experience. For a long time, I treated it as gospel. Investing is hard and risky. Surely the more you know, the better your chance of picking a winner?
It’s a convincing argument. If you’ve lived in New York City your entire life and you like making real estate investments, are you better off investing in …read more […]
Nissan Motor Co Chief Executive Hiroto Saikawa has told some executives he plans to resign, the Nikkei newspaper reported on Sunday, as he faces increasing pressure over corporate governance.
Insured losses from Hurricane Dorian are expected to total several billions of dollars, German reinsurer Munich Re said on Sunday.
A British demand for supermarkets to prepare for a potentially chaotic no-deal Brexit by stockpiling food is stoking anger in the industry, with bosses saying they should not be blamed if people can’t find everything they want on the shelves.
Boeing Co on Saturday announced it had suspended load testing of its new widebody 777X aircraft as media reports said a cargo door failed in a ground stress test.
Supermarket operator Albertsons Companies said on Saturday it would ask customers not to openly carry firearms at its stores, joining an array of retailers and store chains this week who changed their gun policy in light of several mass shootings in the United States.
Boeing Co on Saturday announced it had suspended testing of its new widebody 777X aircraft as media reports said a cargo door failed in a ground stress test.
Welcome to a special back to school edition of the News Fix! We’ve been on the road looking for new investment opportunities, so we’re changing up the look and feel of this week’s Fix. In honor of school starting up again (not to mention traffic getting worse and temperatures dropping), we’re presenting this week’s headlines (and weekend reading) syllabus style.
For each topic we cover, the news has been divided into must reads, quick reads and fun reads.
Enjoy!
Cannabis
Must Read
Marijuana industry cranking up the lobbying efforts: You know an industry is achieving legitimacy when Washington politicians and lobbyists are willing to take …read more […]
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