Category Archives:
Factbox-Who’s who in the Generali drama
MILAN (Reuters) - Shareholders in Assicurazioni Generali will vote on April 29 to name a new chief executive and board of directors at Europe's third-largest insurer. CEO Philippe Donnet, at the helm ...
Apr 21, 2022
Facing shareholder showdown, Generali CEO says can deliver on plan
By Gianluca Semeraro and Valentina Za MILAN (Reuters) - Generali boss Philippe Donnet, facing a challenge to his leadership from rebel investors, is confident he can deliver on his plans for the Itali...
Apr 21, 2022
AutoNation profit more than doubles on strong demand for used cars
(Reuters) - No. 1 U.S. auto retailer AutoNation Inc said first-quarter profit more than doubled on Thursday, boosted by robust demand for used vehicles as consumer preference for personal transportati...
Apr 21, 2022
Lukoil’s Alekperov, supporter of Russia-OPEC ties, resigns
(Reuters) - Vagit Alekperov, a former Soviet deputy oil minister and a supporter of close ties between Russia and OPEC, has resigned as president of Russia's second-largest oil producer Lukoil and fro...
Apr 21, 2022
Toshiba to solicit proposals on strategic alternatives, including privatisation
TOKYO (Reuters) - Toshiba Corp said on Thursday it has resolved to solicit proposals on strategic alternatives, including privatisation of the company. The company has retained Nomura Securities as an...
Apr 21, 2022
Blackstone’s first-quarter earnings surge 63%
By Chibuike Oguh (Reuters) - Blackstone Inc said on Thursday its first-quarter distributable earnings jumped 63% as a strong performance from its real estate and credit businesses offset a weak showin...
Apr 21, 2022
Rite Aid says it rejected Spear Point’s buyout offer
(Reuters) -Rite Aid Corp said on Thursday it had rejected a proposal from Spear Point Capital Management to acquire all of its shares. The pharmacy chain's board said the proposal was not credible as ...
Apr 21, 2022
Fidelity enters the metaverse in search of young investors
By John McCrank NEW YORK (Reuters) - Retail brokerage giant Fidelity Investments said on Thursday it opened a virtual eight-story building in the metaverse that offers financial education - and dancin...
Apr 21, 2022
Florida pension leader praises Musk’s Twitter bid, criticizes poison pill
By Ross Kerber (Reuters) - A Florida official praised Elon Musk's offer to buy Twitter Inc and said pension officials will tell the company its efforts to fend off the bid could hurt shareholder value...
Apr 21, 2022
Britain targets first state-by-state U.S. trade deals next month
LONDON (Reuters) - Britain said it was in discussion with around 20 U.S. states to secure individual trade deals as soon as next month, trade policy minister Penny Mordaunt told parliament on Thursday...
Apr 21, 2022
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