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Brexit would ‘threaten jobs’, warn UK business leaders

London / AFP The bosses of more than a third of Britain’s top companies on Tuesday urged voters to keep the country in the European Union, warning that an exit from the bloc would threaten jobs. Some 198 business leaders including Roger Carr, chairman of BAE Systems, BP CEO Bob Dudley and Ron Dennis, chief of F1 team McLaren, wrote ...

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Swiss Re says CEO to retire as net profit soars

Zurich Switzerland-based reinsurance giant Swiss Re said on Tuesday its chief executive was retiring, and posted a 31-percent hike in net profit in 2015 as the costs linked to natural disasters slid. Swiss Re said its chief executive Michel Lies, 62, was set to retire after 35 years in the company and would be replaced on July 1 by the ...

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German outlook dims as business confidence hits 14-month low

Frankfurt Clouds loomed over the German economy on Tuesday as business confidence in Europe’s economic powerhouse fell to its lowest level in over a year. According to the closely-watched business climate index calculated every month by the Ifo economic institute, business sentiment slumped to its lowest level since December 2014 in February. The index fell to 105.7 points in the ...

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