Tag: source

Warren Buffett Urges Citigroup CEO to Persist with Overhaul Plans, Source Reveals
3 min read
Business

Warren Buffett Urges Citigroup CEO to Persist with Overhaul Plans, Source Reveals

Renowned investor Warren Buffett has shown his support for Citigroup’s new CEO Jane Fraser in her efforts to revamp the banking giant. Speaking during a recent interview, Buffett emphasized the importance of Fraser’s ongoing overhaul, urging her to stay the course and implement the necessary changes to enhance the company’s performance.

Farfetch in talks with Apollo Global for rescue deal -source
3 min read
Business

Farfetch in talks with Apollo Global for rescue deal -source

Leading luxury fashion retailer, Farfetch, is reportedly in discussions with investment firm, Apollo Global Management, to secure a potential rescue deal amidst the industry-wide challenges caused by the ongoing pandemic, according to a source familiar with the matter.