Sept 18 (Reuters) - Amazon.com ( AMZN ) named 25-year veteran Samir Kumar as its new India head on Wednesday, replacing Manish Tiwary who stepped down after an eight-year stint last month. Kumar, who was part of the team that launched Amazon India in 2013, will take over from Tiwary on Oct. 1 in addition to his current role of...

(Reuters) -Citigroup's ( C/PN ) expansion plan in China has hit a roadblock with U.S. regulators after the Federal Reserve imposed a penalty on the bank for its data management and risk controls, Bloomberg News reported on Sunday. The bank is facing delays in setting up a standalone securities firm because it hasn't yet received a clearance letter from the...

Sept 18 (Reuters) - British advertising group M&C Saatchi posted a 26% rise in first-half profit on Wednesday, and forecast its annual results in line with market view, aided by improved advertising spend from clients, cost-saving measures and asset sales. Business from the existing client base remained strong with about 75% of last year's clients choosing to spend in the...

11:49 AM EDT, 09/19/2024 (MT Newswires) -- Price: 94.46, Change: +0.88, Percent Change: +0.94 ...