CEO News

Mercedes-Benz Takes 20% Stake in Aston Martin

October 28, 2020
Mercedes’ quadrupling of its stake in the luxury brand comes as part of a new technical partnership between the companies.
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Jack Ma’s Ant Group Set for £26 Billion IPO

October 27, 2020
The fintech unicorn’s world record-setting IPO will float on Shanghai and Hong Kong stock markets, snubbing the US.
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Samsung Chairman Lee Kun-hee Dies Aged 78

October 26, 2020
The chairman’s death has sparked speculation of a shake-up at the world’s second-largest consumer electronics company.
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World’s Largest Solar Farm to Be Built in Australia

October 23, 2020
With a construction price of $20 billion, the farm will power all of the Northern Territory and a fifth of Singapore.
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Tesla Approved for Merger With Germany’s ATW

October 21, 2020
The electric carmaker has acquired a second German automotive company, less than a year before the opening of its planned German Gigafactory.
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Microsoft and SpaceX Form Orbital Internet Alliance

October 20, 2020
In addition to announcing the partnership, Microsoft also unveiled its Azure cloud computing service for space companies.
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Exxon Mobil Clarifies That Its CEO and Trump Had No Phone Call

October 20, 2020
The company sought to distance itself from the Trump campaign's fundraising push following comments from the president at an event.
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Flybe May Return in 2021 as Brand is Bought Out

October 19, 2020
After collapsing earlier this year, the British regional airline is set to restart operations under a new owner.
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John Lewis Plans New Services in Shift from Retail

October 16, 2020
The department store company and Waitrose owner now plans to invest in eCommerce and build rental homes.
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Pub Chain JD Wetherspoon Makes First Loss Since 1984

October 16, 2020
Founder Tim Martin blamed “ill-thought-out” COVID-19 measures for the company’s £105.4 million loss.
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Starbucks Ties Executive Pay to Diversity Goals

October 15, 2020
The new executive compensation policy comes as part of a raft of measures intended to improve diversity in the coffee titan’s workforce.
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US Reportedly Considering Sanctions Against China’s Ant Group

October 15, 2020
The world’s largest fintech unicorn could join Huawei and ByteDance on the Trump administration’s “Entity List”.
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