Michelin shares fall after tire maker sees lower 2020 operating income
Shares in French tire maker Michelin fell on Tuesday after the company forecast a slightly lower operating income for 2020 and flagged uncertainty to its...
Bankers in Asia brace for a virus-related deal drought
Bankers in Asia are bracing for a deal drought as efforts to limit the spread of the coronavirus epidemic have put key meetings and roadshows...
Daimler slashes its dividend following third profit warning
Daimler cut its dividend on Tuesday to 0.90 euros ($0.98) a share after 2019 earnings more than halved, weighed down by restructuring and legal charges...
JD Sports/Footasylum deal may leave shoppers worse off: Britain’s watchdog
Britain’s competition watchdog said on Tuesday a takeover of sports retailer Footasylum by larger rival JD Sports could leave shoppers worse off, and a sale...
GKSD Investment confirms it is mulling offer for NMC Health
GKSD Investment Holding on Tuesday confirmed it was in the preliminary stages of considering an offer for NMC Health , a day after the healthcare...
Marks & Spencer appoints Greencore exec Eoin Tonge as new CFO
British retailer Marks and Spencer said on Tuesday it had appointed Eoin Tonge as its new chief financial officer, taking over from interim CFO David...
Watchdog says JDSports/Footasylum merger may leave shoppers worse off
The UK Competition and Markets Authority (CMA) said on Tuesday it believed a takeover of sports retailer Footasylum by JD Sports could leave shoppers worse...
Daimler slashes its dividend following profit warning
Daimler on Tuesday cut its dividend to 0.90 euros ($0.9818) a share after 2019 earnings more than halved, weighed down by restructuring and legal charges...
TUI says 737 MAX grounding continues to drag on profit
European holiday company TUI said it was expecting the grounding of the Boeing 737 MAX aircraft to cost it an additional 220 million euros to...
Delivery Hero expects Europe to remain break-even in 2020
Delivery Hero expects its Europe business to remain break-even during 2020 after hitting this mark, as forecast, in the fourth-quarter of 2019, the German food...