U.S. investment fund Fortress Investment Group will inject 57 billion yen ($540 million) in cash-strapped apartment rental firm Leopalace21 Corp, the Japanese company said on Wednesday.
Hong Kong's retail sales plunged 13.1% in August from a year earlier as coronavirus restrictions slammed the brakes on spending in the city and tourism slowed to a trickle
(RTTNews) - French stocks fell slightly on Wednesday, with rising coronavirus cases in Europe, concerns over stalled U.S. stimulus talks and election -related uncertainty weighing on sentiment.
British bank TSB has announced it will close 164 branches, a third of its remaining total, and cut around 900 jobs as it presses on with cost-cutting as lenders grapple with the economic impact of the COVID-19 pandemic.
(RTTNews) - Shares of Royal Dutch Shell PLC (RDS-B, RDSB.L, RDSA.L, RDS-A) were gaining around 2 percent in early morning trade in London after the energy major Wednesday said it expects job reductions of 7,000 to 9,000 by the end of 2022. Reduced organisational complexity, alon
M&C Saatchi said on Wednesday trading of its shares would be temporarily suspended in London, after the advertising agency failed to submit 2019 audits to regulators in time following a probe into an accounting scandal revealed last year.
Private equity firm Blackstone has sold its 36% shareholding in UK insurer Rothesay Life to existing shareholders Singapore fund GIC and U.S. insurer MassMutual, Rothesay Life said on Wednesday.
Trade disputes could extend beyond the current U.S.-China conflict if the World Trade Organization is unable to transform, according to the South Korean vying to lead the Geneva-based body.
Chinese online education startup Zuoyebang has started a new fundraising drive at a valuation of $10 billion, said two people with direct knowledge of the matter, as investor appetite for the sector continues to surge amid the COVID-19 pandemic.
Japan Post Holdings Co Ltd said on Wednesday it would book a one-off charge of 3.04 trillion yen ($28.8 billion) for the quarter ended Sept. 30 due to a sharp fall in the market value of its 88.99% owned Japan Post Bank Co Ltd.
Britain considered a plan to send asylum seekers 4,000 miles away to holding centres on its remote overseas territories in the south Atlantic but the idea, described as "ludicrous" by opponents, was later dropped, the Financial Times reported.
Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy.
French waste and water management company Veolia on Wednesday raised its offer for a 29.9% stake in Suez owned by Engie to 3.4 billion euros ($4 billion), and piled on the pressure for a swift outcome to its proposal.
London's FTSE 100 fell on Wednesday and was headed for its second monthly decline in six as growing economic uncertainty due to the COVID-19 pandemic as well as Brexit subdued risk appetite.
(RTTNews) - William Hill plc (WMH.L), Caesars Entertainment, Inc. and Caesars UK Holdings, a subsidiary of Caesars, have reached agreement on the terms of a recommended cash acquisition pursuant to which Caesars UK shall acquire the entire issued and to be issued share capital o
British Prime Minister Boris Johnson will hold a news conference on COVID-19 on Wednesday as he grapples with a swiftly spreading second wave of the novel coronavirus outbreak and growing anger in his own party over restrictions imposed on citizens.
New Zealand Rugby continued to insist on Wednesday the SANZAAR alliance governing southern hemisphere rugby was still healthy even after South Africa ditched Super Rugby tournament after 25 years and fired a farewell shot blaming their colleagues in Wellington.
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