Former Thomas Cook boss defends record, pay after firm’s collapse
The former chief executive of bankrupt travel firm Thomas Cook on Tuesday said he understood public anger over his pay but defended his record, saying...
Blackstone to launch tender offer for Japan’s Unizo
Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Japan’s Unizo Holding at 5,000 yen ($46) a share, firing...
Volkswagen postpones final decision on Turkey plant: spokesman
Volkswagen has postponed the final decision whether to build a car plant in Turkey, a company spokesman said, amid international criticism of the country’s military...
Neil Woodford says ‘cannot accept’ closure of his flagship fund
Fund manager Neil Woodford has criticized a fund administrator decision to close his suspended flagship fund on Tuesday, after a four-month lockdown that has seen...
Neil Woodford’s flagship Equity Income Fund to be shut down
Embattled money manager Neil Woodford’s suspended LF Woodford Equity Income Fund is to be wound up, the fund’s authorized corporate director Link Fund Solutions (LFS)...
Volkswagen delays final decision on Turkey plant – Handelsblatt
Volkswagen has postponed its final decision to build a car plant in Turkey amid international criticism of the country’s military operation in northern Syria and...
London retains global finance throne amid Brexit chaos
From the pinnacle of the City of London’s largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master...
Global stocks, pound rise on cautious Brexit deal hopes
Asian stocks and the pound gained on Tuesday as investors held out hope that Britain still had a chance of avoiding a messy exit from...
Groups bidding for PES refinery due to tour fire-damaged site: sources
Groups vying for the idled Philadelphia Energy Solutions oil refinery have entered the second phase of the bidding process and are gearing up for visits...
Exxon Mobil, India’s ONGC sign expertise-sharing deal
Global energy giant Exxon Mobil Corp will offer its expertise and technology to India’s biggest state-owned explorer Oil and Natural Gas Corp Ltd to help...