Category Archives:
Telecom Italia GM to outline plans as doubts on KKR’s bid mount
By Elvira Pollina MILAN (Reuters) - Telecom Italia (TIM) General Manager Pietro Labriola will on Tuesday outline to the company's directors his plan to revamp the former phone monopoly, an alternative...
Jan 18, 2022
Microsoft to buy Activision Blizzard in a deal at $68.7 billion
(Reuters) - Microsoft Corp said on Tuesday it would buy videogame publisher Activision Blizzard in an all-cash transaction valued at $68.7 billion. (Reporting by Subrat Patnaik in Bengaluru; Editing b...
Jan 18, 2022
Entree Capital raises $300 million for 2 new Israel-focused VC funds
JERUSALEM (Reuters) - Global venture capital fund Entree Capital said on Tuesday it raised $300 million for two new Israel-focused funds that aim to invest in early-stage Israeli startups. The move br...
Jan 18, 2022
Ides Capital nominates directors at Safety Insurance, wants share buyback
By Svea Herbst-Bayliss BOSTON (Reuters) - Activist investment firm Ides Capital Management has nominated two directors to the board of Safety Insurance Group and wants the company to buy back shares, ...
Jan 18, 2022
Holiday Inn owner names first female chair
By Priyanshi Mandhan (Reuters) -IHG said on Tuesday finance industry veteran Deanna Oppenheimer will become the Holiday Inn-owner's first female chair when she replaces long-serving Chairman Patrick C...
Jan 18, 2022
Prada’s 2021 sales bounce back above pre-pandemic levels
MILAN (Reuters) -Sales at Italian fashion group Prada bounced back sharply in 2021 as pent-up demand for luxury handbags and clothes helped push revenues above pre-pandemic levels, the company said on...
Jan 18, 2022
Drugmaker Endo signs $65 million opioid settlement with Florida
(Reuters) - Drugmaker Endo International plc said on Tuesday it had agreed to pay up to $65 million to resolve claims by the state of Florida and local governments that the drugmaker helped fuel the U...
Jan 18, 2022
World tourism inched back in 2021, still a fraction of pre-pandemic levels
MADRID (Reuters) - The world tourism industry barely improved last year compared to 2020, with all indicators staying way below pre-pandemic levels and industry professionals not expecting a full reco...
Jan 18, 2022
Advisory firm Teneo taps Rothschild vice chairman with bankruptcy bent
By Mike Spector and Jessica DiNapoli NEW YORK (Reuters) - Jay Goffman, a former bankruptcy lawyer and current vice chairman at Rothschild & Co, is joining CEO advisory firm Teneo to help lead its fina...
Jan 18, 2022
U.S.’s Blinken to visit Ukraine following Russia talks
WASHINGTON (Reuters) - U.S. President Joe Biden's top diplomat will visit Kyiv this week after talks with Russia ended in a stalemate last week amid concerns in Washington that Moscow is preparing to ...
Jan 18, 2022
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