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CBA’s scams make it Livingstone’s biggest test yet

There’s no better way to cap a storied business career than a stint atop one of the world’s largest banks. That’s more or less the future that was mapped out for Catherine Livingstone when she was appointed chairman of Commonwealth Bank of Australia (CBA) in January. The former state-owned lender was then world’s 10th largest by market capitalization, and most ...

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Jeff Bezos, Ian Read — we have your 2018 M&A horoscopes

It’s that time again, when we scan the stars for clues about the year ahead in mergers. What follows is our second annual Gadfly compilation of dealmaker horoscopes: 12 CEOs and top executives across a variety of industries—matched with their zodiac signs—who appear destined for mergers and acquisitions in 2018. Capricorn: Jeff Bezos, chairman and CEO of Amazon.com Inc. Capricorn, ...

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Swiss watch exports to US drop, surge in China

Bloomberg The US economy is booming, unemployment is low and the White House is occupied by a president synonymous with ostentatious luxury. Why, then, have Americans stopped buying expensive watches? Swiss watch exports to the US fell 0.4 percent in November, extending the decline for the year so far to 4 percent after a 9 percent drop in 2016. By ...

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