Tag Archives: CMPNY

VIENNA/FRANKFURT, Nov 29 (Reuters) – Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, making it the biggest casualty so far of Europe’s property crash. Controlled by Austrian magnate Rene Benko, the group is an owner of New York’s Chrysler Building as …

LONDON/NEW YORK, Nov 30 (Reuters) – After making hay when a summer bond rout propelled the U.S. dollar to 10-month highs, hedge funds are now pondering what lies ahead for the greenback. The dollar, down 3.5% in November against a basket of other major currencies, is set for its worst …

Yaskawa Electric robots are pictured at a trade show in Tokyo, Japan, November 29, 2023. REUTERS/Sam Nussey Acquire Licensing Rights TOKYO, Nov 30 (Reuters) – Japanese robot maker Yaskawa Electric (6506.T) is considering investing around $200 million in the United States, its president said, with an eye to making its …

Chinese President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S., November 17, 2023. REUTERS/Kevin Lamarque Acquire Licensing Rights SHANGHAI, Nov 29 (Reuters) – China President Xi Jinping visited Shanghai, where he went to several venues and learned about the city’s …

Flags wave in front of the Phillips 66 refinery near Lake Charles, Louisiana, U.S. October 11, 2020. REUTERS/Stephanie Kelly/File Photo Acquire Licensing Rights Nov 29 (Reuters) – Phillips 66 (PSX.N) said on Wednesday it “plans to continue a constructive dialogue” with Elliott Investment Management after the company asked the U.S. …

A view of the ThyssenKrupp headquarters in Essen, Germany, November 22, 2023. REUTERS/Jana Rodenbusch/File Photo Acquire Licensing Rights Nov 29 (Reuters) – Thyssenkrupp (TKAG.DE) on Wednesday said that Jens Schulte, finance chief of German privately-held speciality glass maker Schott AG, would become its new CFO, marking the conglomerate’s latest move …

The logo of Brazilian meatpacker JBS SA is seen in the city of Jundiai, Brazil June 1, 2017. Picture taken June 1, 2017. REUTERS/Paulo Whitaker/File Photo Acquire Licensing Rights SAO PAULO, Nov 29 (Reuters) – J&F, parent company of food processor JBS SA (JBSS3.SA), said on Tuesday the meat giant …

The Dollar Tree sign is seen outside the store in Washington, U.S., June 1, 2021. REUTERS/Erin Scott/File Photo Acquire Licensing Rights Nov 29 (Reuters) – Dollar Tree (DLTR.O) trimmed its full-year sales forecast on Wednesday after missing third-quarter estimates, indicating that persistent inflation was weighing on demand for non-essential products …

Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo Acquire Licensing Rights BERLIN, Nov 29 (Reuters) – Germany’s Bitcoin Group (ADE.DE) said on Wednesday it was taking measures to improve its internal control system, after the …

SINGAPORE, Nov 29 (Reuters) – As Asia’s banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year. Over the past 18 months Asian central banks …