Business

Gilead Sciences to hire Roche executive O’Day as new CEO: source

FILE PHOTO: Roche Pharmaceuticals CEO Daniel O’Day attends a news conference in Basel, Switzerland February 1, 2017. REUTERS/Ruben Sprich/File Photo (Reuters) – Drugmaker Gilead Sciences Inc will name Roche Holding AG executive Daniel O’Day as its new chief executive officer, according to a source familiar with the matter. The announcement of O’Day’s hiring could come as early as Monday, the ...

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Prosecutors set to indict Ghosn and Nissan as CEO’s role in focus: sources

TOKYO (Reuters) – Tokyo prosecutors are due to indict ousted Nissan Motor (7201.T) Chairman Carlos Ghosn as well as the automaker itself on Monday, sources said, intensifying scrutiny of CEO Hiroto Saikawa’s role in the financial misconduct scandal. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In Motion event on the eve of press ...

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Huawei CFO seeks bail on health concerns; Canada wants her in jail

TORONTO/BEIJING (Reuters) – A top executive of China’s Huawei Technologies Co Ltd [HWT.UL] argued that she should be released on bail while awaiting an extradition hearing, citing fears for her health while incarcerated in Canada along with other factors, court documents showed on Sunday. FILE PHOTO: Meng Wanzhou, Executive Board Director of the Chinese technology giant Huawei, attends a session ...

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Stocks extend decline as trade woes batter sentiment

FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato TOKYO (Reuters) – Stocks extended their slump in early Asian trade on Monday, with U.S. equity futures off to a softer start for the week as worries over U.S.-China trade tensions battered investor sentiment. S&P futures were down 0.6 percent and ...

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Hong Kong on track for global IPO crown but many new listings sag

HONG KONG (Reuters) – Hong Kong is on course to take the global IPO crown this year for the most money raised in stock market flotations, narrowly ahead of arch-rival New York, but its new listings have posted the worst performance among leading bourses, data show. FILE PHOTO: A sunset view of Hong Kong island and Victoria Harbour in Hong ...

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U.S. says March 1 ‘hard deadline’ for trade deal with China

FILE PHOTO: U.S. Trade Representative Robert Lighthizer speaks during a Cabinet meeting held by U.S. President Donald Trump at the White House in Washington, U.S., October 17, 2018. REUTERS/Kevin Lamarque/File Photo WASHINGTON (Reuters) – U.S.-China trade negotiations need to reach a successful end by March 1 or new tariffs will be imposed, U.S. Trade Representative Robert Lighthizer said on Sunday, ...

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U.S. trade representative Lighthizer says 90 days a ‘hard deadline’ for China deal

FILE PHOTO: U.S. Trade Representative Robert Lighthizer speaks during a Cabinet meeting held by U.S. President Donald Trump at the White House in Washington, U.S., October 17, 2018. REUTERS/Kevin Lamarque/File Photo WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer said on Sunday he considers March 1 “a hard deadline” to reach a deal on trade with China, and that new ...

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China says U.S. should withdraw arrest warrant for Huawei executive

FILE PHOTO: Meng Wanzhou, Executive Board Director of the Chinese technology giant Huawei, attends a session of the VTB Capital Investment Forum “Russia Calling!” in Moscow, Russia October 2, 2014. Picture taken October 2, 2014. REUTERS/Alexander Bibik BEIJING (Reuters) – China’s foreign ministry called in the U.S. ambassador on Sunday to lodge a “strong protest” over the arrest in Canada ...

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