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Breakingviews - Ping An untangles one knot in its leadership

6 years 4 months ago
HONG KONG (Reuters Breakingviews) - One knot is better than two. Ping An founder Ma Mingzhe has given up his role as chief executive but will remain chairman of the $187 billion Chinese insurer. The split is welcome, but quirky governance endures with three other co-CEOs

Meggitt warns of sales drop as virus hits air travel

6 years 4 months ago
British engineering company Meggitt on Thursday forecast an about 15% drop in first-half organic revenue as demand from planemakers dried up due to a virtual halt in air travel from restrictions to contain the novel coronavirus.
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