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...
Fed Chair Powell likely to give Congress largely positive economic update
Federal Reserve Chair Jerome Powell is likely to sound fairly upbeat about the outlook for U.S. economic growth when he testifies this week in the...
Virus fears, China diplomacy loom over Singapore Airshow
Singapore kicked off Asia’s largest aerospace event under heightened scrutiny on Tuesday as thousands of visitors shunned the Singapore Airshow over coronavirus fears, while all...
China firms cut staff on virus outbreak as Xi vows no large-scale layoffs
A Chinese media company said it will lay off 500 employees due to the coronavirus outbreak, the latest among a string of firms to do...
Oil rebounds amid broad market recovery; investors still wary
Oil prices rose more than 1% on Tuesday in sympathy with a rally in equity markets but investors remained jittery over the Wuhan virus that...