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Procter & Gamble names David Taylor as new CEO

Last Updated: Wednesday, July 29, 2015, 14:35

Top American manufacturer Procter & Gamble promoted its beauty branch leader, David Taylor, to head the company as CEO, the company announced.

Barclays profits jump 45% awaiting new CEO

Last Updated: Wednesday, July 29, 2015, 14:27

Barclays increased net profits by 43 percent in the first half as cost-cutting and higher revenue offset provisions for settling a series of scandals, the troubled British bank announced Wednesday.

P&G to name David Taylor CEO: Report

Last Updated: Tuesday, July 28, 2015, 08:35

The move by P&G, the world`s largest household products maker, is pending a board meeting scheduled for Tuesday, the WSJ said, citing a person familiar with the matter.

P&G to name David Taylor CEO: Report

Last Updated: Tuesday, July 28, 2015, 08:35

The move by P&G, the world`s largest household products maker, is pending a board meeting scheduled for Tuesday, the WSJ said, citing a person familiar with the matter.

UBS posts 53% rise in second quarter profits

Last Updated: Monday, July 27, 2015, 14:13

Switzerland's largest bank UBS on Monday posted second quarter profits of 1.2 billion Swiss francs ($1.25 billion, 1.1 billion euro), a 53 percent rise over the same period last year, which beat expectations.

UBS posts 53% rise in second quarter profits

Last Updated: Monday, July 27, 2015, 14:13

Switzerland's largest bank UBS on Monday posted second quarter profits of 1.2 billion Swiss francs ($1.25 billion, 1.1 billion euro), a 53 percent rise over the same period last year, which beat expectations.

Anshu Jain gets clean chit on charges of lying to regulator

Last Updated: Saturday, July 25, 2015, 14:46

The Federal Financial Supervisory Authority (BaFin) had criticised Deutsche Bank and Jain in its report on investigations into the rate fixing scandal.

Fortis Healthcare reappoints Bhavdeep Singh as CEO

Last Updated: Friday, July 24, 2015, 17:20

Fortis Healthcare has reappointed its former Chief Executive Officer Bhavdeep Singh in the same position effective on Friday.

BlackBerry lays out security strategy as turnaround takes shape

Last Updated: Friday, July 24, 2015, 09:21

BlackBerry Ltd on Thursday showcased a suite of security products that safeguard everything from medical devices to Hollywood movie scripts, though its CEO acknowledged that his effort to transform the company remains a work in progress.

AirAsia CEO cried after last year's plane crash: Report

Last Updated: Thursday, July 23, 2015, 13:07

Speaking in an interview with a Singapore radio, 938LIVE, Fernandes said the aftermath of last year's crash was an emotional period, Channel News Asia reported today.

Toshiba CEO Hisao Tanaka, top execs, quit over $1.2 bn scandal

Last Updated: Tuesday, July 21, 2015, 20:13

Hisao Tanaka and vice chairman Norio Sasaki -- also a former president -- were the most senior to step down after an independent report found top management complicit in a years-long scheme to pad profits.

Vodafone cuts European CEO job to become more nimble

Last Updated: Tuesday, July 21, 2015, 15:47

Vodafone said in a statement on Tuesday that its European regional head Philipp Hamm would leave in October.