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Indonesia plans to share a final report into a deadly Boeing Co 737 MAX crash with the families of victims on Wednesday, according to a spokesman for the country's air accident investigator. The 737 MAX was grounded worldwide following a second deadly crash in Ethiopia in March 2019....
(Bloomberg) -- Telia Co. proposed replacing Chairman Marie Ehrling with Swedish industry veteran Lars-Johan Jarnheimer after its largest shareholder, the Swedish state, requested a change of board leadership.The government has called for the company to hold an extraordinary general meeting to appoint a new chairman, according to a statement on Sunday. Ehrling has been in the position since 2013.“Lars-Johan is strongly business minded and has extensive experience within telecommunications,” Daniel Kristiansson, the head of Telia’s nomination committee, said in the statement.The move coincides with the departure of Telia Chief Executive Officer Johan Dennelind, who announced in August that he would leave after six years at the helm, and raises questions about the company’s move into media content, a key part of the strategy pursued by Dennelind and Ehrling.Telia’s acquisition of Bonnier AB’s TV operations was widely criticized by government representatives as well as opposition parties, and the reshuffle “raises uncertainty” about...
For many investors, the main point of stock picking is to generate higher returns than the overall market. But the......
(Bloomberg) -- Just Eat Plc’s shares fell as much as 6.4% in London trading on Monday after the company said U.K. order growth slowed in the third quarter.Shares declined 6% to 587.6 pence at 8:56 a.m. after earlier touching 622.8 pence, the biggest intraday retreat since September.U.K. order growth slowed to 8% for the calendar third quarter -- compared to 11% for the period before -- after the company’s marketplace business slowed, Just Eat said in a statement on Monday. Increased competition from the likes of Uber Eats and Deliveroo as well as easy access to grocery delivery may be impacting the business’s expansion, analysts at Peel Hunt said in a note to investors on Monday.The company left its guidance for the full-year unchanged and expects revenue of as much as 1.1 billion pounds ($1.4 billion).The firm agreed this year to sell itself to Takeaway.com NV of the Netherlands for 5...
The concurrent rallies in the AUD/USD and NZD/USD do not signify a major shift in investor sentiment. What they probably represent is position-adjustments to the drop in the chances of an RBA rate cut in November, and the jump to 93.5% in the probability of a Fed rate cut at the end of October....
In this article we are going to estimate the intrinsic value of LVMH Moët Hennessy - Louis Vuitton, Société Européenne......
Oct.21 -- SAP SE Chief Financial Officer Luka Mucic talks about the management change, the company's strategy and outlook. Chief Executive Officer Bill McDermott will depart at the end of the year, while Jennifer Morgan and Christian Klein will become co-CEOs. Europe’s biggest software company reported preliminary third-quarter sales and profit that topped analysts’ estimates. Mucic speaks with Matt Miller on "Bloomberg Markets: European Open."...
