LONDON (Reuters) – Global stocks tumbled to one-week lows on Wednesday, as declines by long-dated U.S. bond yields and a renewal of trade concerns stoked fears of a downturn in the United States, the world’s largest economy. U.S. markets are closed to mark former President George H.W. Bush’s death, but the effect of Wall Street’s […]
Boots has unveiled its latest half price star buy deal for Christmas. the popular high street chain has dropped the price of Soap & Glory’s Zuki X S&G gift set, worth £60, to £30 for a limited time online at boots.com. The massive bundle includes plenty of Soap & Glory’s beauty goodies, including the popular […]
LONDON/COPENHAGEN (Reuters) – Danske Bank’s top investors are looking to Denmark’s Maersk family to steer the country’s largest lender through the turmoil of a 200 billion euro ($227 billion) money laundering scandal. The Danish clan’s investment firm A.P. Moller Holding, Danske’s normally passive top shareholder with a stake of around 21 percent, has ousted the […]
SEOUL (Reuters) – Hyundai Motor’s (005380.KS) talks to build a low-cost carmaking factory with a local government suffered a setback on Wednesday as the South Korean automaker rejected proposed revisions to certain terms related to wage negotiations. Hyundai and the southwestern city of Gwangju had reached a preliminary deal on Tuesday for the factory that […]
Takeda saw off opposition from a group of rebel investors, including members of the company’s founding family, to see the takeover “approved as originally proposed” through a vote at its headquarters in Osaka. Shareholders in Dublin-based Shire – a much larger company – were due to make their decision later on Wednesday. Its shares – […]
BERLIN (Reuters) – Discussions between German car executives and President Donald Trump in Washington on Tuesday should be seen as separate from the trade talks between the European Union and the United States, a German government spokeswoman said on Wednesday. She said the talks were held for corporate reasons and the atmosphere was good. During […]
Patisserie Valerie has appointed a new interim finance chief as the cake chain attempts to bounce back from a tumultuous few months. The company said Nick Perrin, formerly finance head at veterinary firm CVS, will take up the role while the board searches for a permanent replacement for predecessor Chris Marsh. Marsh was arrested on […]
A British property firm has acquired a site in Cork with planning permission for student accommodation. London-based Round Hill, together with NBK Capital, an investment company in the Middle East, will immediately proceed to construct a mixed-use project on the site, which will include 145 purpose-built student accommodation beds and facilities. It is understood the […]
SINGAPORE – Days after coffee shop operator Kimly Limited confirmed that two of its top executives were being investigated on the company’s recent acquisition of Asian Story Corporation (ASC), it said the duo had been arrested and were out on bail. In a filing to the Singapore Exchange on Tuesday night (Dec 4), Kimly said […]
SHANGHAI (Reuters) – Chinese ride-hailing firm Didi Chuxing on Wednesday announced a reorganization plan aimed at improving safety on its platform, as it works to address public and government concerns raised after the murders of two of its users. In a post on its official WeChat account, the company said it would create two positions […]