Toshiba Should Overhaul Board And Management, Major Japan Pension Fund Says
By Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp’s proposal to split itself into three companies won’t solve its governance issues…
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Exclusive-Morgan Stanley To Award Bonus Rises Of Over 20% On Thursday To Top Performers -sources
By Scott Murdoch, Kane Wu and Matt Scuffham SYDNEY/HONG KONG/NEW YORK (Reuters) -Morgan Stanley will raise its annual bonus for…
Recruiter PageGroup Lifts Annual Profit Forecast On Hiring Demand, Staff Crunch
(Reuters) – Global recruiter PageGroup Plc lifted its full-year profit forecast for the full-year for the third time in six…
Philips Q4 Earnings Hit By Part Shortages And Ventilator Recall
AMSTERDAM (Reuters) – Dutch health technology company Philips on Wednesday said it expected fourth-quarter core profit to drop around 40%…
France’s OVHcloud Picks Up Speed In Q1, On Track For 2022 Targets
(Reuters) -French cloud computing company OVHcloud reported on Wednesday a rise of 13.9% in its first-quarter revenue, and said it…
Oil Prices Hold Firm Amid Hopes For Economic Growth
By Koustav Samanta and Sonali Paul SINGAPORE (Reuters) – Oil prices steadied on Wednesday, following steep gains in the previous…
Dollar Swoons As Powell Soothes Policy Fears; CPI Test Looms
By Kevin Buckland TOKYO (Reuters) – The dollar slid to its weakest since mid-November against major peers on Wednesday, after…
Citi To Exit Mexican Consumer Business As Part Of Strategy Revamp
By David Henry NEW YORK (Reuters) – Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, the bank…
Japan Business Mood Sours On Higher Costs, BOJ Sticks To Recovery View
By Daniel Leussink and Leika Kihara TOKYO (Reuters) -Japanese manufacturers turned less positive about their business conditions in January, a…
U.S. Economy Can Withstand Fed Tightening, Omicron Surge, Powell Says
By Howard Schneider and Ann Saphir (Reuters) -Federal Reserve Chair Jerome Powell, in a congressional hearing that pointed to his…