Credit Suisse Chairman to Leave After Breaking Covid Travel Rules
Credit Suisse Group AG Chairman António Horta-Osório is leaving the global bank following a board investigation into his travel and personal conduct, according to people familiar with the bank.
Credit Suisse said late Sunday that Mr. Horta-Osório had resigned following an investigation commissioned by the board. The people said the investigation examined his conduct, including travel that breached Covid-related government rules and his personal use of corporate aircraft. He joined the Credit Suisse board less than a year ago.
Unilever Makes Approach for Glaxo's Consumer-Healthcare Business
LONDON-Unilever PLC said it had approached GlaxoSmithKline PLC and Pfizer Inc. about an acquisition of their consumer-healthcare joint venture, a potential $68 billion deal that would reshape the consumer-products giant's portfolio at a time when it is under pressure to accelerate growth.
Unilever said in a statement Saturday that the business, known as GSK Consumer Healthcare, was "a leader in the attractive consumer health space" and would be a "strong strategic fit," though cautioned there was no certainty that any agreement would be reached.
Russia's European Neighbors Rattled by Putin's Moves
BERLIN-Europe's relations with Russia are sinking to depths unprecedented in the three decades since the collapse of the Soviet Union.
After more than 20 years in power, President Vladimir Putin is rattling his European neighbors more than ever, signaling that he might invade Ukraine, deploying troops to shore up the autocracy in Kazakhstan, weaponizing his country's natural-gas exports and demanding sweeping security concessions from the West.
London Stock Exchange Proposes Special Listings for Private Companies
The London Stock Exchange Group is seeking to blur the line between public and private companies, part of a plan to attract fast-growing technology firms to list in the U.K. in the wake of Brexit.
The LSE has proposed the creation of a special market for private companies to trade their shares publicly on the exchange on certain days, according to a person familiar with the matter and proposals from the LSE to its regulators, the Financial Conduct Authority, and the U.K. Treasury, seen by The Wall Street Journal.
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Expected Major Events for Monday
00:01/UK: Jan Rightmove Monthly House Price Index
07:00/NOR: Dec External trade in goods
08:00/SVK: Nov New orders in industry
08:00/CZE: Dec PPI
09:00/POL: Nov Merchandise trade
09:00/ITA: Dec CPI
10:00/CRO: Dec CPI
11:00/FRA: Nov OECD Composite Leading Indicators
11:00/IRL: Nov Goods Exports and Imports
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This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
01-17-22 0038ET
