Time Of United States

U.S. regulators and standard setters are taking a closer look at cash-flow statements, particularly how such corporate disclosures may lag behind other financial statements in terms of usefulness for investors and the quality of the information that companies provide.  The cash-flow statement helps investors figure out where a company is getting its money, how it…

Swiss Life Holding said Patrick Frost has decided to step down as chief executive at the group’s annual general meeting in May next year, after 10 years at the helm of the insurer. The company said Monday that Matthias Aellig, currently chief financial officer, would succeed Frost as CEO as of May 16, 2024. Marco…

Roche aims to buy Carmot Therapeutics, a California-based pharmaceutical firm developing drugs to treat obesity and diabetes. The Swiss pharmaceutical company said it has entered an agreement to acquire the private company for $2.7 billion with additional payments of up to $400 million based on drug-development milestones. Copyright ©2023 Dow Jones & Company, Inc. All…

Toyota Motor plans to offer around 15 different zero-emission vehicles, ranging from passenger cars to light commercial vehicles, in Europe by 2026, the automaker said. By 2026, its battery electric-vehicle mix in Europe will likely be more than 20%, with sales in the region expected to exceed 250,000 units a year, the Japanese automaker said…

Updated Dec. 3, 2023 4:59 pm ET Listen to article (2 minutes) Talks between Israel and Hamas to hand over hostages held in Gaza in return for a pause in fighting there have stalled, the White House said Sunday, while Israeli forces step up attacks and direct Palestinians in the enclave to move into a…

SYDNEY—An US$11 billion bid for Origin Energy, one of Australia’s largest power companies, was rejected by its shareholders on Monday in a stark illustration of how investors are adopting different strategies to bet on the energy transition. Origin said that shareholders owning about 69% of its stock voted for the takeover, meaning that the bid…

Listen to article (2 minutes) Think appearances don’t matter if you’re applying for a job online? New research shows that looking the part is very much part of the equation. Your credentials and referrals may get you on the shortlist. Even if the whole process takes place online, though, it’s rare that a hiring manager…

SYDNEY—Further signs of an easing in conditions across Australia’s labor market emerged in November, with the ANZ-Indeed measure of job ads slumping sharply over the month. According to the ANZ-Indeed Australian job ads survey, employment ads fell 4.6% in November following a downwardly revised fall of 3.4%in October. Copyright ©2023 Dow Jones & Company, Inc….