Management

Uber defends its business model, safety of drivers, at UK tribunal

Facing strong headwinds stemming from its past management practices, Uber will try to defend itself against mounting criticism while capitalizing on growing sympathies. Here’s the scoop of its legal setbacks…
Published on September 27, 2017
By Debaleena Bhattacharjee

CEO of Equifax steps down in the middle of the hackers scandal

Richard Smith, Chief Executive Officer and Chairman of the Board of Directors of Equifax Credit Bureau, resigned after 12 years of work amid a server hacking scandal that resulted in…
Published on September 27, 2017
By Iris Barker

Zurich-based private bank, Julius Baer, appoints Oliver Bartholet as its Chief Risk Officer

This is the third change in the company’s top management.
Published on September 22, 2017
By Debaleena Bhattacharjee

Hackers used infected versions of Piriform’s CC Cleaner to gain corporate secrets

Users of CC Cleaner are advised to re-download the clean version of the app from Piriform’s website.
Published on September 22, 2017
By Debaleena Bhattacharjee

Dutch Paintmaker overhauls its management – appoints Intertrust’s Maarten de Vries as its CFO

Both companies are in the process of overhauling their top management positions.
Published on September 19, 2017
By Debaleena Bhattacharjee

Dara Khosrowshahi Is The New Face Of Uber’s C.E.O.

After careful selection, the board of Uber narrows down its options and takes a step towards mending its image through new leadership.
Published on August 28, 2017
By Debaleena Bhattacharjee

The Western Digital’s C.E.O To Close The Toshiba ‘Memory Chip’ Unit Acquisition Deal In Japan

The announcement of Toshiba’s memory chip unit’s sale could be out by the end of this month.
Published on August 28, 2017
By Debaleena Bhattacharjee

Unilever Makes Bold Move To Bid For Estee Lauder

Frontrunner of “beauty contest Estee Lauder”, Unilever still has some competition to face.
Published on August 28, 2017
By Debaleena Bhattacharjee

C.E.O’s Ill-Health Became Zuckerberg’s Chance To Grab WhatsApp From WeChat Company’s Plate: Bloomberg

Timing and efficiency to carry out a quick deal enabled Zuckerberg to acquire WhatsApp.
Published on June 29, 2017
By Debaleena Bhattacharjee

Removal Terrorism Content Detailed By Facebook After European Pressure

In a response to political pressure in Europe to militant groups using the social network for propaganda and recruiting, Facebook Inc offered additional insight on its efforts to remove terrorism
Published on June 16, 2017
By Debdutta Ghosh

Jack Ma Of Alibaba Invited In The Body Shop Bid Of L’Oreal

Final bidding is round the clock, while promising bidders have been added to the list for The Body Shop contest.
Published on June 7, 2017
By Debaleena Bhattacharjee

After Harassment Probe, Uber Fires 20 Employees

Following an investigation by a law firm into sexual harassment allegations and other claims at the ride-hailing company, Uber Technologies Inc said on Tuesday that it fired 20 employees and
Published on June 7, 2017
By Debdutta Ghosh

A Strategic Step To ‘Maximize’ The Value Of Shareholder

Jimmy Choo with the consent of its shareholders and ‘Britain's Takeover Panel’ is set to conduct talks on “formal sale process”.
Published on April 25, 2017
By Debaleena Bhattacharjee

Google Is Under The U.K. Tax Radar For ‘£36.4m’ For 2016

Google agrees to pay the balance tax amount for 2016.
Published on March 31, 2017
By Debaleena Bhattacharjee

Founder of Oculus says goodbye to Facebook

At the end of this week, Facebook announced that Palmer Luckey, creator of original prototype of VR-helmet Oculus Rift, will cease to work in the company. It remains unclear whether…
Published on March 31, 2017
By Iris Barker

Credit Suisse CEO gets $ 12 million for 2016

Salary of Tidjane Thiam, Chief Executive Officer of Credit Suisse, grew to 11.9 million Swiss francs ($ 12 million) for the first year of his work, as journalists learned from…
Published on March 24, 2017
By Iris Barker

Uber’s President steps down

Jeff Jones, President of online taxi service Uber announced his resignation after nearly seven months of working with the company.
Published on March 20, 2017
By Iris Barker

Deutsche Bank’s C.E.O. Gives Out A Cash Call Which Could Hike Up Its Shares By Fifty Percent.

Cash call is the final resort for Deutsche Bank’s redemption, although investors appear uncertain given the past track records of the company on fulfilling its promises.
Published on March 11, 2017
By Debaleena Bhattacharjee

Hacker attacks on Yahoo! deprived Marissa Mayer of her bonus

Yahoo! Board of Directors decided to deprive the company’s General Director Marissa Mayer of annual bonus and dismiss the company's legal counsel. Board of Directors explained the decision by the…
Published on March 2, 2017
By Iris Barker

Toshiba’s top executive is stepping down

Toshiba’s Chairman of the Board of Directors Shigenori Shiga is stepping down, the corporation said. This decision is explained by the fact that Toshiba had to postpone publication of its…
Published on February 14, 2017
By Iris Barker

Sony Corp. Lowers Its Operation Profit Estimates Following The Writedown Of Its ‘Movie Business’

A downward slide of 30 billion yen is the price of Sony’s “$1 billion writedown”.
Published on February 8, 2017
By Debaleena Bhattacharjee

Suzuki & Toyota On For A ‘Formal’ Partnership Talk To Explore Green Vehicle Technologies And More

The Japanese automakers seek to maintain consolidation in the global auto market.
Published on February 8, 2017
By Debaleena Bhattacharjee

Tiffany says goodbye to its CEO

Last night, Tiffany surprised many with an announcement on resignation of its general director Frederic Cumenal. This is the second resignation in the market of premium products over the past…
Published on February 6, 2017
By Iris Barker

Facebook’s Attempt At Securing ‘Continued Revenue Growth’

Developing app for set-top boxes for television allows Facebook to set another foot in solidifying its place in the market of live video ads.
Published on February 2, 2017
By Debaleena Bhattacharjee

Premier Food’s ‘Performance To Remain Challenging During The Fourth Quarter’

Profit prediction drags down Premier Food’s shares.
Published on January 31, 2017
By Debaleena Bhattacharjee

Experience The Coffee & Doughnut Of Tim Hortons in Mexico Now

A “master franchise”, an expansion plan and a joint venture prepares the ground for Tim Hortons’ entry in Mexico.
Published on January 30, 2017
By Debaleena Bhattacharjee

Wonderbox: case study of a successful start-up company on a nascent market

From 2004 to 2016, the French giftbox company has successfully developed its activity all the way to market leadership, something unusual enough on a new market to be pointed out…
Published on January 24, 2017
By Editorial Team

Call on EU to Halve Food Waste by 2030 Given by Campaigners

44m tonnes of food waste every year could be wiped out by the initiative, which would apply to the UK if passed. On the eve of a landmark vote later
Published on January 19, 2017
By Debdutta Ghosh

Boeing To Come Out With A Stretched Version Of Its New ‘737 MAX’

“737 MAX 10X” is a new addition into Boeing’s 737 MAX family.
Published on January 17, 2017
By Debaleena Bhattacharjee

Tesla poaches another Apple’s professional

Chris Lattner, creator of programming language Swift, decided to leave Apple after 12 years with the company. Lattner was the first to tell about it, and soon welcome letter for…
Published on January 11, 2017
By Iris Barker

New Acquisition To Alter Stellar Diamond’s Loss Incurred In This Financial Year

‘Impairment of intangible’ cost Stellar Diamond heavy loss, while it is gearing up to bag “transformational deal”.
Published on December 30, 2016
By Debaleena Bhattacharjee

New head of Nestle is going to conquer the US market

According to experts, conquest of the American market will be one of the main challenges for Ulf Mark Schneider, new Head of Swiss company Nestlé.
Published on December 29, 2016
By Iris Barker

Shell’s Strategic Move To Cope With Low Oil Prices

Shell sells 51% stake as the crude price tumbles down.
Published on December 29, 2016
By Debaleena Bhattacharjee

James Quincey to become new CEO of Coca-Cola

Chief Executive Officer of Coca-Cola Muhtar Kent resigns on May 1, 2017. He it will be replaced by James Quincey, who currently occupies position of President and Chief Operating Officer…
Published on December 9, 2016
By Iris Barker

Samsung Will Be Disclosing New ‘Shareholder Return Plans’ While The Company Faces Pressure To Split Itself: Reuters

Jay Y. Lee to supervise new “shareholder return plans” of Samsung.
Published on November 28, 2016
By Debaleena Bhattacharjee

Mark Zuckerberg named Businessperson of the Year

Founder of Facebook Mark Zuckerberg has won first place in the "Businessperson of the Year" by Fortune magazine. The list includes 50 people in total.
Published on November 11, 2016
By Iris Barker

Facebook to compete with LinkedIn

Facebook started testing of a new feature that will allow companies to publish a list of open positions, and to receive feedback directly on the social network. Thus, Mark Zuckerberg’s…
Published on November 9, 2016
By Iris Barker

An Update On Wells Fargo’s Management

Rabusch to say goodbye to Wells Fargo.
Published on October 25, 2016
By Debaleena Bhattacharjee

Musk On Tesla’s ‘Self-Driving’ EV: Autopilot

Amid criticisms, competitions and conflict, Tesla prepares for its autonomous electric vehicles.
Published on October 22, 2016
By Debaleena Bhattacharjee

Americans work longer than Europeans

As shown by a recent study, Americans are more industrious than their European counterparts. They spend more time at work, and in addition, they retire later.
Published on October 20, 2016
By Iris Barker

First jobs of the most famous American billionaires

None of the current billionaires was born rich and successful, and their wealth had not suddenly jumped to billions of dollars.
Published on October 13, 2016
By Iris Barker

US business schools are losing students

Two-year MBA courses are the most common way to obtain a master's degree in the United States. However, in 2016, their popularity is declining, says Graduate Management Admission Council (GMAC),…
Published on October 6, 2016
By Iris Barker

Ex-Tesco Executives Have Been Accused For Committing Fraud

SFO carried out an investigation against the former Tesco executives, while the final sentence is still being waited upon.
Published on September 26, 2016
By Debaleena Bhattacharjee

Class Action Against Wells Fargo Filed By Two Former Employees

The troubles for Wells Fargo & Co seem to have just begun. After the US regulators pulled up the bank for irregularities related to fraudulent credit card accounts, seeking $2.6
Published on September 25, 2016
By Debdutta Ghosh

Tony Blair: From business to charity

Former British Prime Minister Tony Blair said he is going to shut down his consulting business Tony Blair Associates and related venture capital structures Firerush and Windrush.
Published on September 21, 2016
By Iris Barker

Eight hundred of US companies may be advised to renew their board of directors

Google’s parent company Alphabet and Warren Buffett’s Berkshire Hathaway may be the first among more than 800 US companies to renew their board of directors, taking into account new recommendations…
Published on September 1, 2016
By Iris Barker

VW will shorten work shifts of 10 000 employees

German automaker Volkswagen will shorten working time of 10 thousand employees at the company's plant in Wolfsburg, reports Reuters referring to a source close to the company.
Published on August 18, 2016
By Iris Barker

Two mistakes of Apple’s CEO

Apple’s CEO Tim Cook told about two biggest mistakes corporations during his work as the company’s in an interview with The Washington Post. According to him, the company should not…
Published on August 15, 2016
By Iris Barker

Wealth-X: most of the world’s billionaires are self-made

Combined wealth of the world's billionaires grew to nearly $ 7.7 trillion, as estimated by Wealth-X experts. Mostly, billionaires live in Europe, and their number is fastest-growing in Asia.
Published on August 10, 2016
By Iris Barker

Failure To Prioritise On An Agenda Led To Yahoo’s Woes

Reuters talk to the ex-executives of Yahoo to trace back the beginning of its fall.
Published on July 27, 2016
By Debaleena Bhattacharjee