Teck Resources Ltd. says it has completed the sale of its remaining 77 per cent interest in its steel-making coal business to Glencore PLC. The news comes as no surprise following the announcement last week by the federal government that it had approved the sale of the operation to the Swiss commodities giant. Vancouver-based Teck received $7.3 billion US...
Tag: CEO
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Wipro’s Switzerland head quits; Bruno Schenk to take over
In yet another senior appointment, Indian IT major Wipro on Monday appointed Bruno Schenk as the country head and managing director for Switzerland, effective immediately. He will report to Wipro’s Europe CEO Pierre Bruno, the company said in an exchange filing.Schenk succeeds René Mulder, who joined Wipro in February 2021 and has decided to pursue...
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Layoffs 2024: UBS CEO to start job cuts in Switzerland late this year
UBS’s CEO on Tuesday said the majority of job cuts in its home market, Switzerland, will start from around the end of the year and continue into 2025 and 2026. Sergio Ermotti, chief executive officer of UBS Group AG, during a Bloomberg Television interview in Zurich, Switzerland.(Bloomberg) In a call with journalists, Sergio Ermotti said...