Category Archives:
Roche says controlling family won’t have to make offer to other shareholders
ZURICH (Reuters) - Roche said on Friday that its controlling family will be exempt from having to make an offer to other shareholders after the drugmaker's $20.7 billion deal to buy back Novartis's ne...
Nov 05, 2021
Indonesia govt optimistic economic recovery will strengthen in Q4
JAKARTA (Reuters) - Indonesia is optimistic its economic recovery from the COVID-19 pandemic will strengthen in the current quarter, the finance ministry said in a statement on Friday, after third qua...
Nov 05, 2021
Spain’s Amadeus swings back to profit in third quarter
By Anita Kobylinska (Reuters) - Spanish travel booking group Amadeus said on Friday it returned to profitability in the third quarter after more than a year of consecutive quarterly losses as flight b...
Nov 05, 2021
KKR invests $2 billion in South Korean energy firm SK E&S
(Reuters) - Investment firm KKR & Co Inc said on Friday it has bought 2.4 trillion won ($2.03 billion) worth of newly issued redeemable convertible preferred shares of South Korean energy company SK E...
Nov 05, 2021
Japan’s Shinsei Bank poison pill defence backed by proxy advisory firm
TOKYO (Reuters) -U.S. proxy advisory firm Glass Lewis & Co on Friday recommended shareholders of Japan's Shinsei Bank Ltd vote for the lender's plan for a poison pill defence against an unsolicited $1...
Nov 05, 2021
UK’s Co-op Bank profit run continues as turnaround kicks in
LONDON (Reuters) - Britain's Co-op Bank posted a third straight quarter of profits on Friday, as the self-styled ethical lender made further progress on its turnaround after nearly a decade of annual ...
Nov 05, 2021
BA-parent IAG warns of 3 billion euro loss for 2021
LONDON (Reuters) -British Airways parent company IAG said it was heading for a 3 billion euro ($3.5 billion) loss for 2021, but added that the reopening of transatlantic travel would help its aim to r...
Nov 05, 2021
Banco BPM aims to top 1 billion euro profit in 2024, bring insurance in house
MILAN (Reuters) - Banco BPM said on Friday it targeted a net profit of more than 1 billion euros ($1.2 billion) in 2024 under a new plan which envisaged Italy's third-largest bank acquiring full owner...
Nov 05, 2021
Analysis-Indonesia, India beckon as Fed tapers without tantrums
By Tom Westbrook and Anushka Trivedi SINGAPORE (Reuters) - Last time the Federal Reserve moved toward reducing bond buying, it triggered a rush of funds out of emerging markets. This time is different...
Nov 05, 2021
Poland’s Allegro buys Czech online retailer Mall for $1 billion
(Reuters) - Polish e-commerce group Allegro has agreed to buy Czech online retailer Mall Group for 881 million euros ($1.02 billion) to create a regional platform in what would be its first significan...
Nov 05, 2021
Peoria, IL, USA
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