Sports Direct chief Mike Ashley has offered to underwrite a 150 million pound (US$196 million) rights issue at Debenhams on condition he is named CEO of the British department store chain, the Financial Times reported on Saturday, citing two sources.
U.S. and Chinese negotiators wrapped up their latest round of trade talks on Friday and were scheduled to resume discussions next week to try to secure a pact that would end a tit-for-tat tariff battle that has roiled global markets.
DINARD, France: France's foreign minister on Saturday (Apr 6) urged Tokyo to ensure consular protection and the presumption of innocence in talks with his Japanese counterpart over the case of Carlos Ghosn, after the re-arrest of the former Nissan and Renault boss in Japan. Jean-Yves Le Drian said ......
BERLIN: Software company SAP said the head of its cloud business group had quit, the latest in a string of top departures as Europe's most valuable technology company reshapes its operations. Robert Enslin, who joined SAP in 1992 and had served on its board since 2014, had been tipped...
ATHENS: Chinese investors led the so-called Golden Visa boom in Greece, where residence permits issued to non-EU countries citizens grew 46 per cent last year. Other crisis-hit countries like Portugal and Spain have used the scheme for years to lure investors in a bid to stoke an economic recovery ......
BUCHAREST: The British government is optimistic about reaching some form of deal with the opposition Labour Party to end a deadlock on Brexit as work on a compromise continues, Britain's finance minister Philip Hammond said on Saturday (Apr 6). But Labour said the governing Conservatives needed to ...
BUCHAREST: The European Union will tell a meeting of finance leaders from the world's 20 biggest economies next week that they must all tackle the root causes of global trade tensions because they are putting global growth at risk, an EU document showed. Finance ministers and central bank ......
LONDON: Following are the five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1. THE 'I' WORD As the US yield curve makes up its mind whether to invert or not, investors seeking reassurance that we are...
Software company SAP said the head of its cloud business group had decided to leave the company, the latest in a string of top departures as Europe's most valuable technology firm reshapes its operations.
The Chinese chemical industry park where an explosion last month killed 78 people and left hundreds injured will be closed, authorities have said.
