Jaguar Land Rover names Adrian Mardell as new CEO

Jaguar Land Rover, a unit of Indian automaker Tata Motors, said on Thursday that it has appointed Adrian Mardell as its chief executive officer for a three-year term.

newspaper

20-07-2023

US consumer watchdog warns no more 'rubber stamp' for bank mergers

U.S. lenders hoping for easy merger approvals in the wake of the March banking crisis should instead expect tough scrutiny from regulators worried about financial stability, the director of the Consumer Financial Protection Bureau (CFPB) told Reuters.

newspaper

20-07-2023

Activist investor Elliott takes big stake in drugmaker Catalent - WSJ

Activist investor Elliott Investment has built a significant stake in Catalent and is pushing for a shake-up on the contract drug manufacturer's board, the Wall Street Journal reported on Wednesday.

newspaper

19-07-2023

Trump has 47% support among Republicans; DeSantis at 19% - Reuters/Ipsos

Donald Trump is dominating the U.S. Republican presidential nomination contest with 47% support within his party, well above 19% for Florida Governor Ron DeSantis, according to a new Reuters/Ipsos poll.

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19-07-2023

China fast-fashion retailer Temu blasts rival Shein over 'exclusionary tactics'

HONG KONG (Reuters) -Chinese e-retailer Temu said on Wednesday it has been the target of rival Shein's "unlawful exclusionary tactics" since Temu's U.S. launch in 2022, ramping up a feud between the fast-fashion competitors days after a lawsuit was filed.

newspaper

19-07-2023

FTC, U.S. regulators crack down on illegal robocalls, telemarketing

U.S. regulators on Tuesday announced a nationwide crackdown to stop companies from inundating people with billions of unwanted and illegal robocalls and telemarketing calls.

newspaper

18-07-2023

Healthy US consumers shrug off recession concerns, for now

U.S. consumers are still keeping up with their loan payments despite rising costs and a worsening economic outlook, according to executives at the largest U.S. lenders.

newspaper

18-07-2023

Dollar dips, then bounces on strong core U.S. retail sales

The U.S. dollar touched a 15-month low and then bounced against a basket of currencies on Tuesday after core retail sales saw strong gains in June, as investors wait on the Federal Reserve’s interest rate decision next week.

newspaper

18-07-2023

US banks' residential mortgages face mandates exceeding global standards - Bloomberg News

U.S. bank regulators are set to release their plans next week for a sweeping overhaul of capital rules, with the latest draft including requirements for large lenders' residential mortgages that go beyond international standards, Bloomberg News reported on Monday.

newspaper

18-07-2023