Maersk chief expects no ‘massive impact’ from tariffs and forecasts trade growth
Tariffs should not have a “massive impact” on trade this year as consumer sentiment remains strong, the chief executive of Danish container shipping giant AP Møller-Maersk has said.
Evelyn de Rothschild left bank after sexual misconduct complaint
Employees were informed on Wednesday that Evelyn de Rothschild, one of the most prominent members of the 256-year-old dynasty, left the bank after an investigation into a sexual misconduct complaint ...
Santander unveils €10bn buyback on record profits
Santander has said that it intends to return €10bn to investors over the next two years through buybacks after reporting ...
Trump tariffs will lead to US brand boycotts, Jim Beam owner warns
Suntory boss expects to sell less in Europe, Canada and Mexico as a result of US president’s protectionist trade policies ...
Honeywell announces three-way split
Honeywell International is to split into three independent businesses, breaking up one of the US’s last big industrial conglomerates just months after activist investor Elliott Management took a stake ...
US life insurer Brighthouse Financial seeks to sell itself
The Brighthouse sale process comes as several other large life insurance platforms, including American Equity Life, American National, Global Atlantic and Talcott Resolution have merged into ...
Pernod Ricard cuts sales outlook on tariff uncertainty
Pernod Ricard has cut its sales guidance because of uncertainty over tariffs and a slowdown in China, where government anti-dumping measures have hit demand for its cognac brand Martell.
‘Global south’ concept fuels unrealistic aspirations
In some countries, it has resulted in misleading policy thinking as well as unrealistic aspirations for bargaining power and strategic autonomy. The international order is being turned upside down.
Lloyds hit with £1bn tax bill after legal challenge fails
UK lender loses first round in battle against HMRC over assets inherited as part of government-backed HBOS takeover ...
How to trade the trade war?
Global investors had time to prepare for Donald Trump’s tariffs but swift market reversals are keeping them on edge ...
KKR-backed Cotiviti nears deal for rival healthcare data group Edifecs
KKR-backed healthcare data company Cotiviti is close to securing a deal to buy smaller rival Edifecs for just over $3bn, after it opted against accepting a higher bid from UnitedHealth Group out of ...
Amundi ‘in the market’ for more deals, says chief
Amundi is “in the market” for more acquisitions, according to its chief executive, as Europe’s largest asset manager reported record net inflows last year that helped lift assets under management to a ...