CEO News

IPO Briefly Makes Bottled Water Entrepreneur China’s Richest Man

September 8, 2020
A record flotation saw Zhong Shanshan’s personal wealth elevated above that of Jack Ma, if only for a few hours.
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Volkswagen Not Seeking a Deal With Tesla, Says Diess

September 8, 2020
The VW CEO poured cold water on speculation of a partnership after meeting with Elon Musk in Germany.
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Goldman Sachs Reportedly Joins Ant’s IPO Banking Syndicate

September 7, 2020
The renowned investment bank has joined a group of others working on an IPO of up to $30 billion, according to sources.
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Alibaba and Xiaomi Join Hang Seng Index

September 7, 2020
The addition of the two firms reflects the growing influence of Chinese tech giants over Hong Kong’s stock market.
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GM and Honda Announce Equipment-Sharing Alliance

September 4, 2020
The new partnership signifies a move away from Honda’s previous stance of fierce independence.
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Facebook Will Ban New Political Ads During Election Week

September 3, 2020
In a temporary reversal of previously held policies, Mark Zuckerberg has confirmed that Facebook will moderate new ad content.
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ESG - Is It There to Tick a Box or Rattle the Cage?

September 3, 2020
The combination of regulatory impetus, consumer sentiment and investor pressure has driven ESG (Environmental, Social and Governance) to the top of the corporate agenda. While companies large and small are increasingly thinking about their ESG stance, the matter is especially pressing for large multinationals and global brands.
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Deutsche Bank CEO Predicts Slow Return to Healthy Global Economy

September 2, 2020
Christian Sewing acknowledged the progress made so far but warned that “not all industries” will soon recover.
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Tesla Stock Wobbles After Launching $5 Billion Share Offering

September 2, 2020
The automaker’s shares slipped following the announcement, and its largest shareholder reduced its holding.
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Facebook Threatens to Block Australians From Sharing News

September 1, 2020
The social media giant also updated its terms and services to broaden its ability to remove content that could legally jeopardise it.
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Walmart’s Amazon Prime Competitor to Launch on 15 September

September 1, 2020
‘Walmart+’ will grant members free grocery deliveries and fuel discounts at certain petrol stations.
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Rolls-Royce Posts Record £5.4 Billion Loss

August 27, 2020
The UK-based engine maker has been hampered by the global downturn in air travel and is now scaling back its operations.
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