Elliott pushes Japan’s Unizo to accept $1.6 billion Blackstone bid
Unizo Holdings’ top shareholder Elliott Management pushed the Japan hotel operator to accept a $1.6 billion tender offer from Blackstone Group , warning it would...
U.S. tariffs threaten livelihoods of Spain’s olive-farming families
A double whammy of U.S. import tariffs kicking in on Friday and a recent steep drop in global olive oil prices is threatening the subsistence...
Unilever suffers dip in emerging markets sales growth
A slowdown in India and China put a brake on Unilever’s quarterly sales growth, highlighting the challenges facing Chief Executive Alan Jope as he tries...
Big U.S. liquefied natgas players move fast, the small race to keep up
A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race...
‘Not the best owners’: UK’s Domino’s to exit foreign markets
Domino’s Pizza Group Plc , Britain’s biggest pizza delivery company, on Thursday said it would quit its loss-making international operations, sending shares higher in early...
China says hopes to reach phased trade pact with U.S. as early as possible
The Chinese commerce ministry said on Thursday that China hoped to reach a phased agreement with the United States over trade as early as possible,...
In wake of Delta deal, Qatar Airways says could consider raising LATAM stake
Qatar Airways CEO Akbar al-Baker said his airline would consider lifting its 10% stake in LATAM Airlines Group SA if the opportunity came up –...
WH Smith to buy Marshall Retail for $400 million in U.S. push
British retailer WH Smith Plc said on Thursday it will buy Marshall Retail Group for about $400 million, betting that the American peer’s network of...
Pernod Ricard mulls price hikes in U.S. post tariffs
The boss of Pernod Ricard said on Thursday that trade tariffs that will apply to single malt Scotch and Spanish wine from Oct. 18 will...
Tesla gets approval to start manufacturing in China
Tesla Inc was added to a government list of approved automotive manufacturers, China’s industry ministry said on Thursday, as it granted the electric-vehicle maker a...