Bombardier CEO Alain Bellemare to step down
Canada’s Bombardier Inc said late Wednesday Chief Executive Officer Alain Bellemare would step down and be replaced by former company executive and Hydro-Quebec CEO Eric...
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UK announces budget plan as coronavirus risks mount
Posted by Reuters | Mar 11, 2020 | domesticNews, Reuters: UK |
Chancellor of the Exchequer Rishi Sunak delivered the first annual budget statement of Prime Minister Boris Johnson’s new government on...
Read MoreUK fires double stimulus salvo to soften coronavirus hit
Posted by Reuters | Mar 11, 2020 | domesticNews, Reuters: UK |
Britain unveiled a 30 billion-pound stimulus plan on Wednesday to help the economy as it faces the risk of a coronavirus recession, hours after the Bank of England slashed interest rates in a double-barrelled response to the...
Read MoreRio Tinto to pay ex-CEO’s deferred bonus with interest
Posted by Reuters | Mar 11, 2020 | World News |
Rio Tinto Ltd will pay out part of a delayed bonus to former Chief Executive Sam Walsh after a dispute resolution process found that the payments should not be held up, both parties said on...
Read MoreStocks plummet after Trump bans travel from Europe to contain coronavirus blow
Posted by Reuters | Mar 11, 2020 | World News |
Global shares crumbled on Thursday after U.S. President Donald Trump stunned investors by announcing a temporary travel ban from Europe in an effort to curb the spread of the coronavirus, threatening more disruptions to...
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