TOKYO, Oct 21 (Reuters) – U.S. investment firm KKR (KKR.N), opens new tab has extended by 10 working days the first stage of its tender to take Japanese IT services firm Fuji Soft private, it said in a filing on Monday. The extension comes after Bain Capital made a rival …
Read More »Travel and lodging firm Viad to sell events unit for $535 million
NEW YORK, Oct 21 (Reuters) – Travel and lodging operator Viad Corp (VVI.N), opens new tab on Monday agreed to sell its events and conferences business GES to private equity firm Truelink Capital for $535 million, according to a statement seen by Reuters. The sale of GES would leave Viad …
Read More »What is the OceanGate Titan submersible and how does it work?
June 22 (Reuters) – The owner of the submersible that went missing during a tourist expedition to the Titanic’s wreckage said on Thursday it believed that the crew on board have “sadly been lost” after debris matching the missing sub was found on the ocean floor. Here are some facts …
Read More »UK’s Royal Mail CEO Thompson to step down after union clash
May 12 (Reuters) – Royal Mail’s CEO Simon Thompson plans to step down later this year, saying it was the “right time” for the company to move forward under new leadership, as the British postal group tries to draw a line under a lengthy pay dispute. Parent company International Distributions …
Read More »Royal Mail CEO exit could come this week – Sky News
May 8 (Reuters) – Royal Mail’s parent (IDSI.L) could announce the UK postal services firm’s CEO Simon Thompson’s exit as soon as this week, Sky News reported on Monday. The report said the exit plan could be delayed beyond this week but an announcement will be made before annual results …
Read More »Wall Street bonuses to plunge 22% this year – NY state comptroller
NEW YORK, Oct 25 (Reuters) – Wall Street bonuses in 2022 are expected to fall 22% or more from last year’s bumper payouts, according to a report from New York State Comptroller Thomas DiNapoli, as tough economic conditions choked off demand for deals. Inflation, the war in Ukraine and rising …
Read More »European shares slide as recession fears grip global markets
Register now for FREE unlimited access to Reuters.com Register IMF, World Bank expect global slowdown STOXX 600 set to fall 2.4% for the week Logistics firms dragged by FedEx warning Sept 16 (Reuters) – European shares slid 1.2% on Friday as recession warnings from two major global financial institutions and …
Read More »UK spy chief says Putin is losing information war in Ukraine -The Economist
GCHQ Director Jeremy Fleming delivers a speech as he meets with Britain’s Queen Elizabeth during her visit at the Watergate House to mark the centenary of the GCHQ (Government Communications Head Quarters) in London, Britain, February 14, 2019. REUTERS/Hannah McKay/Pool Register now for FREE unlimited access to Reuters.com Register Aug …
Read More »Swedish Match results will embolden deal resisters
Staff are seen at a Swedish Match moist powder tobacco “snus” store in Stockholm, Sweden, October 24, 2018. REUTERS/Anna Ringstrom Register now for FREE unlimited access to Reuters.com Register LONDON, July 22 (Reuters Breakingviews) – Swedish Match (SWMA.ST) investors will be watching its financial performance more closely than usual. The …
Read More »Mexican telecom firm Telmex and union reach contract agreement to raise salary 4.5% for some workers: govt
View of the headquarters of internet and fixed-line phone company Telmex in Mexico City, Mexico March 5, 2019. REUTERS/Daniel Becerril Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, June 22 (Reuters) – Telmex, the Mexican telecommunications firm controlled by the family of tycoon Carlos Slim, reached a …
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