[ad_1] BERLIN—Bayer Chief Executive Bill Anderson said the company would bounce back quickly from a recent spate of bad news, and warned that a breakup of the pharmaceutical and agricultural…
Tag: New Companies Creation
LG Electronics Unveils Restructuring to Boost Global Competitiveness
[ad_1] Nov. 24, 2023 12:42 am ET LG Electronics will set up a new sales and marketing entity to oversee international business, part of a series of restructuring moves aimed…
Alibaba Scraps Cloud Unit Spinoff, Citing Washington’s Chip Curbs
[ad_1] Updated Nov. 16, 2023 8:41 pm ET SINGAPORE—Washington’s latest curbs on the export of high-performance chips to China are beginning to bite. Alibaba on Thursday said it had scrapped…
GE Healthcare Discloses Potential Foreign Bribery Violations in China
[ad_1] General Electric spinoff GE HealthCare Technologies said it reported potential foreign bribery violations in some of its operations in China to U.S. regulators. GE HealthCare found “tender irregularities and…
Sanofi Plans to Spin Off Consumer-Healthcare Business
[ad_1] Sanofi said it plans to spin off its consumer-healthcare unit into a publicly listed entity, making it the latest pharmaceutical giant to sharpen its focus on prescription medicines by…
Volvo, Renault and CMA CGM Collaborate to Produce Electric Vans
[ad_1] Volvo and Renault will launch a new company, which CMA CGM plans to join, with creation expected in early 2024, and which will operate under its own corporate identity…
Zodia Markets CEO Ahmad backs stablecoins for growth after crypto crash
[ad_1] The chief executive of Standard Chartered’s crypto offshoot Zodia Markets Usman Ahmad is looking to cash in on surging global demand for stablecoins. “A lot of corporate clients are interested…