Unilever Plc named a new chairman with experience in the role at British and French companies, in hopes of mending relations with frustrated investors after a series of missteps in recent years.
Kim Jong Un was joined by high-level delegations from Russia and China at a military parade in Pyongyang where North Korea showed off its newest missile designed to deliver a nuclear warhead to the US.
NatWest Group Plc Chairman Howard Davies intends to stay in the role to ensure the bank remains stable during the row over Nigel Farage’s account with Coutts.
Germany exited its winter recession in the second quarter but output only stagnated, with questions about the fundamental health of Europe’s largest economy remaining.
The Bank of Japan jolted financial markets by loosening its grip on bond yields in Governor Kazuo Ueda’s first surprise move since taking the helm, a step that will likely spur talk of potential policy normalization to come.
Japan expressed serious concern over joint exercises between China and Russia in its annual defense report, calling the military drills by its nuclear-armed neighbors clear and deliberate provocations.
Casino Guichard Perrachon SA reached a restructuring deal with creditors that will see Chairman Jean-Charles Naouri’s holdings in the debt-laden French supermarket operator wiped out as he cedes control to investors led by Czech billionaire Daniel Kretinsky.
The Bank of Japan on Friday loosened its yield curve control (YCC) policy, a pillar of the central bank’s efforts to limit borrowing costs and stimulate the economy.
Sanofi raised its forecast for the year as the French drugmaker gains new patients for blockbuster drug Dupixent and introduces three medicines.
Sweden’s economy contracted more than economists had anticipated last quarter, reviving prospects of a hard landing and causing the krona to weaken.
