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HSBC's top executives prepare move to Asia after announcement of 2020 earnings

HSBC’s top executives prepare move to Asia after announcement of 2020 earnings
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(Bloomberg)
. Updated: 21 Feb 2021, 05:16 AM IST Bloomberg
The coming reset comes just 12 months after an overhaul that called for cutting 35,000 jobs, about 15% of the total, over three years. But Chairman Mark Tucker told the Asian Financial Forum conference in January that the pandemic has upended those plans
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HSBC Holdings Plc is considering the return of some global leaders to the bank’s original hometown, reinforcing Asia’s role as its center of gravity.
A cadre of senior executives is set to relocate in coming months to Hong Kong from HSBC’s Canary Wharf headquarters, say people familiar with the plans, as Europe’s biggest bank pares its global ambitions. ....

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The world should not forget about action on climate and healthcare: HUL MD Sanjiv Mehta

HUL chairman and MD Sanjiv Mehta said businesses we have to adopt sustainability as a business goal.Mehta urged industry to start manufacturing API s again ....

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Airbus CEO Guillaume Faury calls for transatlantic trade war ceasefire

Airbus CEO Guillaume Faury calls for transatlantic trade war ceasefire
livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.

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Chi è Piero Novelli, l'italiano al vertice di Euronext

Chi è Piero Novelli, l'italiano al vertice di Euronext
formiche.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from formiche.net Daily Mail and Mail on Sunday newspapers.

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EU launches price-fixing probe against sweets giant Mondelez | Money

Thursday, 28 Jan 2021 07:43 PM MYT
The logo of Mondelez International is seen on an office building in the Glattpark district in Opfikon, Switzerland October 2, 2018. Reuters pic
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BRUSSELS, Jan 28 The EU’s powerful antitrust authorities opened an in-depth probe today into allegations of price-fixing by Mondelez, the global confectioner of major snack brands, including Toblerone, Oreo and Cadbury.
“We are opening a formal investigation to see whether Mondelez, a key producer of these products, might have restricted free competition” in Europe, EU competition chief Margrethe Vestager said in a statement. ....

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