UBS's Ermotti nominated to become Swiss Re chairman in 2021

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UBS's Ermotti nominated to become Swiss Re chairman in 2021

ZURICH (Reuters) – Swiss Re (SRENH.S) said it will nominate UBS Group Chief Executive Sergio Ermotti to be its next chairman, the Swiss reinsurer said on Tuesday. Ermotti, who is due to step down from Switzerland’s biggest bank in November, will replace …
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Parliament: Cyber-security label for connected devices to address growing concern

SINGAPORE – A cyber-security label similar to the energy-efficiency labels on home appliances will be rolled out to help buyers of smart devices better judge how exposed they are to cyber risks. This label will be stuck on Wi-Fi routers and smart home hubs, …
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Mnuchin, Powell to lead G7 coronavirus call to discuss response

Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell will lead a conference call Tuesday morning with G7 finance ministers and central bank governors to discuss the coronavirus outbreak and its economic impact, Fox Business has …
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Bill would help FDA identify medical shortages

WASHINGTON (NEXSTAR) — As Chinese manufacturers shut down plants to try to slow the spread of coronavirus, the Food and Drug Administration last week reported the first drug shortage linked to the outbreak. The FDA has tried to tamp down on fears of …
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Newell Brands gets subpoena from US SEC over sales and accounting practices

O) said on Monday it received a subpoena from U.S. regulators primarily relating to some of its sales and accounting practices and that its first-half
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