6:32 pm March 25, 2015 | No Comment
Chief executives at large US companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis. The reason for the windfall: the soaring value of their stock awards.
6:14 pm March 25, 2015 | No Comment
A decade ago, Joe Jimenez was peddling ketchup and baked beans. Now he’s using Microsoft’s gaming technology and embedding Google sensors in contact lenses to reinvent the world’s biggest maker of medicine.
4:15 pm March 25, 2015 | No Comment
Google is turning to Wall Street for its next chief financial officer as the technology giant grapples with rising costs, a growing pile of cash and a need for fiscal discipline as it invests in new industries.
4:05 pm March 25, 2015 | No Comment
An export curb by tin smelters in Indonesia, the world’s biggest supplier, will fail to sustain a price rally as mined output continues rising, according to Australia’s largest miner of the metal.
3:56 pm March 25, 2015 | No Comment
Freeport-McMoRan, the world’s largest publicly traded copper producer, cut its dividend by 84 percent as it tries to fund mining and energy projects in the face of lower commodity prices.
9:09 pm March 24, 2015 | No Comment
Shares of local hospital operator Mitra Keluarga Karyasehat climbed by a quarter on its first day of trading on the local stock exchange, highlighting high investor demand for fast-growing health-care services in the country.
6:06 pm March 24, 2015 | No Comment
After years of economic decline, Italy has become a hunting ground for Chinese companies keen to take control of prized but cash-strapped corporate names such as Pirelli, and they are no longer investing from the back seat.
6:55 pm March 23, 2015 | No Comment
China National Chemical Corp, or ChemChina, is to buy Pirelli, the world’s fifth-largest tire maker, in a 7.1 billion euro ($7.7 billion) deal that will place one of the symbols of Italy’s manufacturing industry in Chinese hands.
6:15 pm March 23, 2015 | No Comment
Twenty-two tin exporters in Indonesia including Timah, the largest shipper from the world’s top supplier, agreed to limit overseas sales to 4,500 metric tons a month starting from April to seek a return to prices of $23,000.