Japanese hotel group Unizo gets six new buyout offers
FILE PHOTO: The logo of Hotel Unizo, operated by Japanese hotel operator Unizo Holdings, is seen at the entrance of the hotel in Tokyo, Japan November 18, 2019. REUTERS/Junko Fujita/File…
Southeast Asia’s mobile payments face shakeout as market booms
HO CHI MINH CITY/HONG KONG/SINGAPORE (Reuters) – Just next to Ho Chi Minh City’s financial district, two dozen street vendors’ stalls display colorful adverts for e-wallets backed by private equity…
BlackRock names Mehta head of human resources: memo
NEW YORK (Reuters) – BlackRock Inc (BLK.N), the world’s largest asset manager has appointed Manish Mehta as global head of human resources effective immediately, according to a memo seen by…
Instant View: U.S. September payrolls lower than expected, jobless rate drops
(Reuters) – U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, which could assuage financial market concerns that the slowing…
Prudential, M&G to split in October into two FTSE 100 firms
FILE PHOTO: The logo of British life insurer Prudential is seen on their building in London, Britain March 17, 2019. REUTERS/Simon Dawson LONDON (Reuters) – Prudential (PRU.L) will spin off…
Big companies commit to slash emissions ahead of U.N. climate summit
UNITED NATIONS (Reuters) – Almost 90 big companies in sectors from food to cement to telecommunications are pledging to slash their greenhouse gas emissions in a new campaign to steer…
Trian and P&G highlight activist-corporate collaboration after ‘fog of war’
NEW YORK (Reuters) – Eighteen months after officially burying the hatchet in one of America’s most bitter proxy contests, Procter & Gamble Co (PG.N) CEO David Taylor and billionaire investor…
Tech investors: No broad lessons seen in WeWork valuation drama
NEW YORK (Reuters) – Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. office-sharing startup WeWork. FILE PHOTO: The WeWork…
Banker tells German fraud trial he made millions from ‘astronomical’ trades
BONN (Reuters) – A British investment banker at the center of Germany’s biggest fraud trial told judges on Thursday he earned millions of euros from deals involving “astronomical” trades that…
After LSE’s sharp rebuff, HKEX begins investor charm offensive
LONDON (Reuters) – Hong Kong Exchanges and Clearing (0388.HK) is embarking on a three-week charm offensive with London Stock Exchange (LSE.L) investors as the Asian trading house tries to salvage…