April 24 (Reuters) – Daniel Kretinsky is seeking to take control of debt-laden French supermarket chain Casino (CASP.PA), in a deal that would bring several well-known retail brands under the Czech billionaire’s umbrella in France. Kretinsky, 47, a former investment bank lawyer who built one of Europe’s largest energy groups, …
Read More »Chinese snack maker Weilong Delicious aims to raise up to $141 mln in trimmed-down Hong Kong IPO
Dec 5 (Reuters) – Chinese spicy snack food maker Weilong Delicious Global is aiming to raise up to $141 million in a Hong Kong initial public offering launched on Monday, well below its initial target of about $1 billion. The company is selling 96.39 million shares in the range of …
Read More »UK will not take action over Czech mogul’s plan to raise Royal Mail stake
Oct 31 (Reuters) – Britain is no longer intervening in Czech billionaire Daniel Kretinsky’s plan to increase his stake in Royal Mail parent International Distributions Services (IDSI.L), sending the company’s shares up more than 7% on Monday. In August, Royal Mail said it had been notified by then business minister …
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 »New coins, banknotes, stamps and cypher for Britain’s King Charles
Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 27 (Reuters) – Britain will gradually see coins, banknotes and stamps bearing the image of King Charles, while the new monarch’s cypher will also appear on government buildings and red mail pillar boxes, manufacturers and Buckingham Palace announced on …
Read More »UK stocks fall as weak retail sales fan recession fears
Pedestrians leave and enter the London Stock Exchange in London, Britain August 15, 2017. REUTERS/Neil Hall/File Photo Register now for FREE unlimited access to Reuters.com Register GBP trades below 1.14 for first time since 1985 UK retail sales plunge, underlining risk of recession FTSE 100 down 0.6%, FTSE 250 off …
Read More »Royal Mail denies talks over potential sale
A Royal Mail postal van is parked outside homes in Maybury near Woking in southern England March 25, 2014. REUTERS/Luke MacGregor Register now for FREE unlimited access to Reuters.com Register Sept 8 (Reuters) – Britain’s Royal Mail (RMG.L) said on Thursday it was not involved in talks with a private-equity …
Read More »Alibaba dual play is open sesame to China buyers
The Alibaba Group logo is seen during the company’s 11.11 Singles’ Day global shopping festival at their headquarters in Hangzhou, Zhejiang province, China, November 11, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register HONG KONG, July 26 (Reuters Breakingviews) – There’s a certain magic to governance …
Read More »No Jubilee celebration for FTSE 100 dropouts Royal Mail and ITV
June 1 (Reuters) – Royal Mail (RMG.L) and broadcaster ITV (ITV.L) will lose their spots on Britain’s benchmark FTSE 100 (.FTSE) equity index after their respective valuations plunged this year. British Gas owner Centrica (CNA.L) and UK student housing provider Unite Group (UTG.L) will replace them when the next quarterly …
Read More »UK’s Channel 4 flags privatisation would cost nearly $4 bln – The Times
A woman rides in an elevator at Channel 4 Television studios in London, after the government decided to privatise the publicly-owned broadcaster, in London, Britain, April 5, 2022. REUTERS/Tom Nicholson Register now for FREE unlimited access to Reuters.com Register April 8 (Reuters) – British broadcaster Channel 4 has warned the …
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