CEO Financial News

Read More)Microsoft CEO Satya Nadella said Monday that unfair tactics used by Google led to its dominance as a search engine, tactics that in turn have thwarted his company's rival program, Bing.Nadella testified in a packed Washington, D.C., courtroom as part of the government's landmark antitrust trial against Google's parent company, Alphabet. The Justice Department alleges Google has abused the dominance of its ubiquitous search engine to throttle competition and innovation at the expense of consumers, allegations that echo a similar case brought against Microsoft in the late 1990s.

corporate executives have triggered sharp sell-offs in shares of these companies. On Friday, Navin Fluorine, a chemical company plummeted by as much as 15%, marking its most significant single-day decline in eight years, following the sudden resignation of its CEO.

Endeavour Group has reversed its previous stance on a damaging boardroom battle, and will now allow former Woolworths executive Bill Wavish to stand for election at the group’s annual meeting.

Brazil-based aerospace major Embraer plans to attract potential collaborators and partners to grow its presence in India.

Sharply subdued levels of edible oil prices in the global markets for nearly a year, coupled with the government’s resolve to pass the benefits on to the consumers, have kept consumption high, but hit the bottom lines of domestic companies hard.

Microsoft CEO Satya Nadella says unfair tactics used by Google led to its dominance as a search engine, tactics that in turn have thwarted his company’s rival program, Bing

The US Department of Justice (DOJ) is preparing to call former FTX customers, investors, and employees as witnesses in the upcoming trial against disgraced CEO Sam Bankman-Fried.

Rania Llewellyn is out after nearly three years as chief executive of Laurentian Bank of Canada, her sudden departure coming less than a month after a strategic review failed to find a buyer for the chronically underperforming Montreal-based bank.

The cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer

Meta’s CEO, Mark Zuckerberg, has revealed that he remains committed to his pursuit of leadership in the fast-paced metaverse race.

Tesla’s summertime deliveries of electric vehicles surged 27% from last year but still fell below analyst projections as Elon Musk’s car company navigated through softening customer demand as well as factory upgrades

The Emirati president-designate of the upcoming United Nations COP28 climate talks has called on oil and gas companies to be “central to the solution” to fighting climate change as the industry boosts its production to enjoy rising energy prices

Alphabet's Google gets some star power on Monday when Microsoft chief executive Satya Nadella takes the witness stand. The government is likely to ask Nadella about the obstacles posed by Google's dominance as Microsoft sought to grow Edge and Bing, its browser and search engine.

Former Chrysler CEO Bob Nardelli discusses the ongoing negotiation talks between the UAW and the Big Three automakers on 'The Claman Countdown.'

Remunerations paid to top bosses in corporate India are increasingly coming under scrutiny, just as the gap between salaries of workers and top bosses widens. The widening gap Jayadev Galla, CMD of Amara Raja Batteries, took home over Rs 52 crore as compensation in FY23. That was about 1,872 times the median salary of the company's employees. Amara Raja Batteries heads the list of top 10 companies with the widest gap between CEO pay and median employee remuneration. An analysis of Nifty 500 companies that had released their annual reports for FY23 showed several small- and mid-cap, promoter-driven companies such as Amber Enterprises, JK Paper, Balkrishna Ind and Ratnamani Metals in the top 10, ET had reported in August.

cryptocurrency firm, Ikigai Asset Management, lost most of its assets from last year's collapse of the cryptocurrency exchange FTX, where he was a customer. Kling said he harbored no hatred for Sam Bankman-Fried, FTX's founder. But as Bankman-Fried's criminal fraud trial kicks off Tuesday, Kling is eager to see the onetime crypto mogul — who is now viewed as its biggest villain — held accountable for his actions.

MONTREAL — Laurentian Bank of Canada announced the appointment of Eric Provost as chief executive on Oct. 2, following a computer outage at the bank last week.

Laurentian Bank of Canada said chief executive Rania Llewellyn will leave the company immediately and will be replaced by personal and commercial banking chief Eric Provost.

As interest rates are likely to be range-bound or declining, individuals can look at target maturity funds and lock-in at higher yields. Most of these funds at present have a yield-to-maturity (YTM) of 7.3% to 7.5%, which could be a good option for those looking for steady growth on their fixed income investment.

Risks and complexities of taking a joint home loan: Taking a joint home loan with your loved ones is a significant financial commitment. While there are some benefits of taking a home loan in joint names, there are several potential risks and complexities that you should consider before making such a decision.

If you are planning to take a housing loan to acquire your dream home, it is prudent to acquaint yourself with as much information about the loan as possible. Interest constitutes a substantial portion of the total repayment made by a borrower to the lender over the loan’s duration. Lenders employ the monthly reducing balance method for interest calculation on home loans.