Morgan Stanly will shift around $120 billion in assets to the German city of Frankfurt from the United Kingdom in 2021 as a consequence of Brexit.
Coffee chain Starbucks named on Wednesday afternoon Vice Chair Mellody Hobson as the new head of the company’s board, making her the only African American woman to chair a Fortune 500 firm in the United States. Hobson takes over as non-executive chair from Myron Ullman, who will retire in March 2021.
Brazil’s Gol became on Wednesday afternoon the first airline in the world to fly the Boeing 737 MAX commercially since the planes were grounded last year, following two deadly crashes that killed hundreds of passengers.
Ryanair ordered 75 Boeing 737 MAX jets on Thursday afternoon with a list price of $9 billion, throwing a commercial lifeline to the US planemaker after regulators lifted a safety ban.
Diamond mining juggernaut De Beers announced on Tuesday afternoon it is planning to become carbon neutral in ten years and add to safeguards on the ethical sourcing of its diamonds, as companies across the industry make efforts to raise environmental and ethical standards.
Foxconn is moving some MacBook and iPad assembly to Vietnam from China at the request of US tech giant Apple, as the company diversifies production in order to minimize the impact of the Sino-US trade war.
Swedish car dealership chain Bilia said on Tuesday morning it received notice of termination for its dealer agreements with Volvo Cars in Norway and Sweden. The company said that the termination, which has a notice period of two years, covers both Bilia’s car sales and services business for the Volvo models.
The US federal government awarded ride-hailing apps Uber and Lyft a federal contract worth up to $810 million in order to offer their services to public agencies and their more than 4 million employees and contractors across the United States.
The UK’s Information Commissioner’s Office fined Ticketmaster UK Limited $1.6 million on Friday afternoon for failing to secure its customer’s personal data.
Fiat Chrysler and Engie EPS, which is the division of French utility Engie that focuses on microgrids and energy storage systems, will set up a joint venture in order to take advantage of an expected boom in electric mobility.