SYDNEY: Australia's Westpac Group on Monday (Nov 4) announced full-year profits had fallen 16 per cent to just under Aus$6.8 billion (US$4.7 billion), as the impact of a major banking industry scandal continues to bite. The Sydney-based bank, one of Australia's four largest financial institutions ...
NEW YORK: McDonald's Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said on Sunday (Nov 3). The company's board determined that Easterbrook had also "demonstrated poor ...
McDonald's Corp said on Sunday that Chief Executive Steve Easterbrook was leaving the company, effective immediately, after a recent consensual relationship with an employee.
Big Oil must consider not only the economic advantages of investing in clean energy, but also the risks of continuing to pursue a fossil energy source strategy, says two experts.
Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float on the domestic bourse in what could be the world's biggest listing as the kingdom seeks to diversify its economy away from oil.
U.S. Commerce Secretary Wilbur Ross said licenses for U.S. companies to sell components to China's Huawei Technologies Co will come "very shortly," in an interview with Bloomberg published on Sunday.
U.S. Commerce Secretary Wilbur Ross said licenses for U.S. companies to sell components to China's Huawei Technologies Co will come "very shortly," in an interview with Bloomberg published on Sunday.
U.S. Commerce Secretary Wilbur Ross said the United States may not need to impose tariffs on imported vehicles later this month after holding "good conversations" with automakers in the European Union, Japan and Korea, in an interview with Bloomberg published on Sunday.
BANGKOK: Thailand said on Sunday that Southeast Asian nations are committed to signing a pact by February 2020 on forging what could become the world's largest trade bloc, even after new demands by India dealt a blow to the process backed by China. Going into this weekend's summit of...