Tuesday , 16 December 2025

Recent Posts

P&G’s fight against Peltz leaves investors polarised

Bloomberg Procter & Gamble Co. may have prevailed in its proxy fight against activist investor Nelson Peltz, but the contentious showdown has left its investors as divided as ever. The world’s largest consumer-products company said that Peltz fell short of the votes needed to be elected to the board, based on preliminary results. But the investor isn’t going quietly: His …

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Uber pushed the limits of the law

Bloomberg Shortly after taking over Uber Technologies Inc. in September, Dara Khosrowshahi told employees to brace for a painful six months. US officials are looking into possible bribes, illicit software, questionable pricing schemes and theft of a competitor’s intellectual property. The very attributes that, for years, set the company on a rocket-ship trajectory—a tendency to ignore rules, to compete with …

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Envoy says Tillerson talking with Turkey to resolve crisis

Bloomberg The US ambassador to Turkey said that Secretary of State Rex Tillerson is engaged in talks to try and resolve a major diplomatic break between the two NATO allies, sparking a rally in the Turkish lira even as the envoy said he couldn’t predict the outcome of those efforts. Speaking to reporters at his residence in Ankara, Ambassador John …

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