FILE PHOTO: Logos of Foxconn and Ennoconn are seen during the annual Computex computer exhibition in Taipei, Taiwan June 1, 2016. REUTERS/Tyrone Siu/File Photo Taiwan’s Foxconn, the world’s largest contract electronics maker, is not a favored bidder for Toshib... More »
Appliances and electronics retailer hhgregg Inc and its Gregg Appliances Inc unit filed for bankruptcy protection on Monday, as they continued to struggle with declining sales for about four years. More »
FILE PHOTO: A combination picture shows the logos of Opel and Peugeot car manufacturers at dealerships of the brands in Strasbourg, France, February 14, 2017. REUTERS/Vincent Kessler/File Photo PSA Group (PEUP.PA) has agreed to buy European rival Opel from Gen... More »
A driver displays Uber and Lyft ride sharing signs in his car windscreen in Santa Monica, California, U.S., May 23, 2016. REUTERS/Lucy Nicholson/Files (This March 1 story has been refiled to correct paragraph four to say Qatalyst Partners was retained to assis... More »
The logo of German steel-to-elevators group ThyssenKrupp AG is pictured during the company’s annual news conference in Essen, Germany, November 24, 2016. REUTERS/Wolfgang Rattay/File Photo Germany’s Thyssenkrupp (TKAG.DE) has looked at the option of splitting ... More »
A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai Japan’s Toshiba Corp (6502.T) is preparing a potential $2 billion divestment of smart meter group Landis+Gyr, hoping to rake in capital af... More »
A worker sits next to the runway before the BCBG Max Azria Fall 2015 collection show during New York Fashion Week February 12, 2015. REUTERS/Eric Thayer Fashion house BCBG Max Azria Group LLC filed for bankruptcy protection on Wednesday, the latest casualty in... More »
Mexican billionaire Carlos Slim speaks during a news conference in Mexico City, Mexico January 27, 2017. REUTERS/Edgard Garrido Mexico’s telecoms regulator has discussed forcing billionaire Carlos Slim to legally separate part of his fixed-line unit Telmex fro... More »
The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 17, 2017. REUTERS/Brendan McDermid/File Photo Unilever (ULVR.L) said the shock of Kraft Heinz’s (KHC.O) opportunistic approach... More »
FILE PHOTO – The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo General Motors (GM.N) has told PSA Group (PEUP.PA) it would only sell licenses for the manufacture of Opel cars to the French company if it agreed n... More »
Reporters raise their hands for a question during a news conference by Toshiba Corp CEO Satoshi Tsunakawa and other senior sompany officials at the company’s headquarters in Tokyo, Japan February 14, 2017. REUTERS/Toru Hanai Toshiba Corp (6502.T), responding t... More »
The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo SK Hynix Inc will consider making a fresh bid for Toshiba Corp’s flash memory chip business should the Japanese conglomerate offer more of... More »
Retirees play poker at a singles club in Sun City, Arizona, January 4, 2013. REUTERS/Lucy Nicholson Getting financial advice on complicated insurance products is, well, complicated. More »
A woman walks past the logo of Swiss power technology and automation group ABB ahead of a news conference to present the company’s full-year results in Zurich, Switzerland February 8, 2017. REUTERS/Arnd Wiegmann Swiss engineering group ABB (ABBN.S) revealed th... More »
FILE PHOTO: The Verizon logo is seen on one of their retail stores in San Diego, California, U.S. April 21, 2016. REUTERS/Mike Blake/File Photo Verizon Communications Inc (VZ.N) said on Tuesday it would buy Yahoo Inc’s (YHOO.O) core business for $4.48 billion,... More »
FILE PHOTO – A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai/File Photo Japan’s Toshiba Corp (6502.T) wants to raise at least 1 trillion yen ($8.8 billion) by selling most of its flash m... More »
Chief Executive Officer of Paramount Studios Brad Grey poses at a premiere of the film ‘Arrival’ in Los Angeles, California, November 6, 2016. REUTERS/Danny Moloshok Brad Grey, the chairman and chief executive officer of Viacom Inc’s (VIAB.O) Paramount Picture... More »
The logo of Peugeot is seen at a dealership of the brand in Strasbourg, France, February 14, 2017. REUTERS/Vincent Kessler Bosses at the Peugeot-maker PSA Group (PEUP.PA) have told the British government they would seek to build on the strengths of the Vauxhal... More »
FILE PHOTO: Offices in the financial district of Canary Wharf in London, Britain, January 19, 2017. REUTERS/Kevin Coombs/File Photo Rock-bottom interest rates hurt more big European banks in 2016 than in the previous year, but the worst could soon be over with... More »
The logo of Toshiba Corp is seen behind a traffic signal at its headquarters in Tokyo, Japan January 27, 2017. REUTERS/Toru Hanai Shares in Japan’s Toshiba sank 10 percent on Friday, after credit rating firm S&P Global said it could slash the conglomerate’s ra... More »
FILE PHOTO – Pedestrians walk past a logo of Toshiba Corp outside an electronics retailer in Tokyo September 14, 2015. REUTERS/Toru Hanai/File Photo Shares in Toshiba Corp (6502.T) skidded on Wednesday after the conglomerate said it would book a $6.3 billion h... More »
Toshiba Corp (6502.T) has decided to delay the sale of shares in its chip business to the next financial year or later, Japan’s Kyodo news agency reported on Wednesday, without citing sources. More »
Reporters raise their hands for a question during a news conference by Toshiba Corp CEO Satoshi Tsunakawa and other senior sompany officials at the company’s headquarters in Tokyo, Japan February 14, 2017. REUTERS/Toru Hanai Japan’s Toshiba Corp on Wednesday a... More »
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration U.S. insurers are buying corporate pension plans at a record clip as rising interest rates and all-time high stock-market values... More »
A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016. REUTERS/David Gray/File Photo Technology whizzes who helped Goldman Sachs (GS.N) eliminate hundreds of trading jobs over the past few years are venturing into the bank’s ... More »
Mercedes introduces the 2017 Smart electric car at the 2016 Los Angeles Auto Show in Los Angeles, California, U.S November 16, 2016. REUTERS/Lucy Nicholson Daimler (DAIGn.DE) will stop selling combustion engine Smart cars in the United States and Canada and fo... More »
The logo of the pharmaceutical company Stada Arzneimittel AG is pictured at its headquarters in Bad Vilbel near Frankfurt March 14, 2012. REUTERS/Alex Domanski German generic drugmaker Stada (STAGn.DE) said it has received two offers for the acquisition of the... More »
The Vanguard Group topped $4 trillion in assets for the first time at the end of January after a year in which it pulled in more money than all of its rivals combined, the Wall Street Journal reported. More »
Headquarters of Finnish telecommunication network company Nokia are pictured in Espoo, Finland August 4, 2016. Lehtikuva/Irene Stachon/via REUTERS Finnish telecoms equipment maker Nokia (NOKIA.HE) said on Thursday it is seeking to buy local company Comptel (CT... More »
Nochi Dankner (L), once one of Israel’s most powerful businessmen, attends a sentencing hearing at the Tel Aviv District court, Israel December 5, 2016. REUTERS/Shlomi Yosef/Pool Nochi Dankner, once one of Israel’s most powerful businessmen who lost his busine... More »
FILE PHOTO – Toshiba’s used-memory chips are seen at an electronics shop in Tokyo November 9, 2010. REUTERS/Kim Kyung-Hoon/File Photo Toshiba Corp has received bids ranging from 200 billion yen to as much as 400 billion yen ($1.8-3.6 billion) for a 19.9 percen... More »
A logo of Fujitsu is pictured at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2016 at the Makuhari Messe in Chiba, Japan, October 3, 2016. REUTERS/Toru Hanai/File Photo Japan’s Fujitsu Ltd said on Tuesday its biggest shareholder would sell most ... More »
The logo of SK Hynix is seen in its plant in Icheon, about 80 km (50 miles) southeast of Seoul May 13, 2013. REUTERS/Lee Jae-Won Toshiba Corp favors private equity bidders in the sale of a stake in its chip business, as suitors including rivals SK Hynix Inc an... More »
Toshiba Corp wants investment funds including Bain Capital to buy a stake in its flash memory business rather than industry peers such as Micron Technology Inc because doing so will speed up the planned sale, a source said. More »
Toshiba Corp chairman Shigenori Shiga attends a news conference at the company headquarters in Tokyo, Japan May 6, 2016. REUTERS/Issei Kato Toshiba Corp (6502.T) Chairman Shigenori Shiga is ready to step down to take responsibility for the huge writedowns loom... More »
Merger activity among independent wealth management firms in the United States hit an all-time high in 2016 as more of the industry’s aging workforce retired, the economy strengthened and more advisers were able to obtain financing for acquisitions, according ... More »
An American Apparel store logo is pictured on a building along the Lincoln Road Mall in Miami Beach, Florida March 17, 2016. REUTERS/Carlo Allegri Canadian apparel maker Gildan Activewear Inc (GIL.TO) has won a bankruptcy auction for U.S. fashion retailer Amer... More »
Yahoo CEO Marissa Mayer delivers her keynote address at the annual Consumer Electronics Show (CES) in Las Vegas, Nevada in this January 7, 2014, file photo. REUTERS/Robert Galbraith/Files Yahoo Inc (YHOO.O) said Monday that it would rename itself Altaba Inc an... More »
Traders gather at the booth that trades Abbott Laboratories on the floor of the New York Stock Exchange, December 10, 2012. REUTERS/Brendan McDermid Healthcare company Abbott Laboratories (ABT.N) has won U.S. antitrust approval for its proposed $25 billion acq... More »
Bezeq Israel Telecom said on Sunday it had received notice that Israel’s telecoms regulator would likely allow Bezeq to merge its various business units. More »
A man walks past a Fairfax Holdings sign directing shareholders to the meeting, at the annual general meeting for shareholders in Toronto, April 9, 2014. REUTERS/Mark Blinch Toronto-based insurance group Fairfax Financial Holdings Ltd has agreed to buy Swiss i... More »
Ride-hailing app Careem has closed the first part of a $500 million funding round backed by investors including Japan’s Rakuten Inc and Saudi Telecom Co (STC), the Dubai-based company said in a statement on Monday. More »
Unicredit bank logo is seen on a banner downtown Milan, Italy, May 23, 2016. REUTERS/Stefano Rellandini Italy’s UniCredit (CRDI.MI) expects to boost its best-quality capital ratio by around 78 basis points after agreeing to sell its asset manager arm Pioneer I... More »
The Amundi company logo is seen at their headquarters in Paris, France, October 7, 2015. REUTERS/Philippe Wojazer French fund management company Amundi (AMUN.PA) is to buy asset manager Pioneer from Italian bank UniCredit (CRDI.MI) for 3.55 billion euros ($3.7... More »
Imaging sensor provider E2V Technologies Plc said on Monday that it had agreed on the terms of an all-cash takeover offer from U.S. firm Teledyne Technologies Inc. More »
Rhode Island-based Citizens Bank said Thursday it is partnering with SigFig, a leading robo-adviser, to help manage the portfolios of the bank’s 1.2 million middle-income retirement savers. More »
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, July 4, 2016. REUTERS/Kim Hong-Ji/File Photo South Korea’s Samsung Electronics Co Ltd (005930.KS) will consider splitting itself into two as proposed by U.S. activist hedge fund... More »
The Symantec booth is seen during the 2016 Black Hat cyber-security conference in Las Vegas, Nevada, U.S. August 3, 2016. REUTERS/David Becker/File Photo Symantec Corp (SYMC.O) said it would acquire U.S. identity theft protection services company LifeLock Inc ... More »
Amundi CEO Yves Perrier poses during a ceremony for the debuts of Europe’s top asset manager on Euronext Paris stock market at La Defense business and financial district in Courbevoie near Paris, France, November 12, 2015. REUTERS/Jacky Naegelen Italian bank U... More »
The logo of Swiss pharmaceutical company Novartis is seen on its headquarters building in Basel, Switzerland October 27, 2015. REUTERS/Arnd Wiegmann Drugmaker Novartis (NOVN.S) is considering to sell its struggling Alcon eye care division, its chairman said in... More »
Windstream Holdings Inc said on Monday it would buy fellow U.S. telecommunications company EarthLink Holdings Corp in a deal valued at about $1.1 billion, including debt, in a bid to cut costs and better compete with rivals. More »
The logo of Germany’s largest business bank, Deutsche Bank is seen in front of one of the bank’s office buildings in Frankfurt, Germany, October 27, 2016. REUTERS/Kai Pfaffenbach Deutsche Bank’s (DBKGn.DE) sale of a 20 percent stake in Chinese peer Hua Xia (60... More »
Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California May 12, 2016. REUTERS/Mike Blake Chipmaker Broadcom Ltd (AVGO.O) said it would buy Brocade Communications Systems Inc (BRCD.O) for $5.5 billion, pushing deeper into ... More »
The logo of Swiss bank UBS is seen on a building in Zurich, February 13, 2013. REUTERS/Michael Buholzer/File Photo UBS will cut several dozen jobs at part of its private bank, three sources familiar with the matter told Reuters, part of a previously announced ... More »
George Twopointoh, brand ambassador for Genworth, speaks with Ugo Dumont, a volunteer for the Genworth R70i Aging Experience, during a demonstration at the Liberty Science Center in Jersey City, New Jersey in this file photo dated April 5, 2016. REUTERS/Shanno... More »
U.S. Democratic presidential nominee Hillary Clinton pauses as she speaks at a campaign event accompanied by vice presidential nominee Senator Tim Kaine in Pittsburgh, U.S., October 22, 2016. REUTERS/Carlos Barria Democratic presidential nominee Hillary Clinto... More »
Signage that reads Time Warner is seen at the Time Warner Center in New York City, October 23, 2016. REUTERS/Stephanie Keith AT&T Inc’s (T.N) proposed $85 billion takeover of Time Warner Inc (TWX.N) generated skepticism among both Democrats and Republicans on ... More »
Bain, Apollo and Lone Star have been shortlisted in the sale of building materials maker Xella, a potential 2 billion euro ($2.18 billion) deal, according to several people close to the transaction. More »
Sign board of Ant Financial is seen at its office in Hangzhou, Zhejiang Province, China September 21, 2016. REUTERS/John Ruwitch/File Photo Marques More »
Steven Spielberg (L), film director and chairman of Amblin Partners and Jack Ma, chairman and chief executive of Alibaba Group, attend an event to announce partnership between Alibaba Pictures Group Limited and Amblin Partners, in Beijing, China, October 9, 20... More »
A Chipotle Mexican Grill is seen in Los Angeles, California, U.S. on April 25, 2016. REUTERS/Lucy Nicholson/File Photo Fidelity’s Contrafund (FCNTX.O), the largest mutual fund investor in Chipotle Mexican Grill Inc (CMG.N), cut its stake in the struggling burr... More »
German biotech Morphosys moved a step closer to getting its first antibody drug onto the market as its licensee, Johnson & Johnson unit Jenssen, reported positive results from a phase 3 study of psoriasis drug guselkumab. More »
German chemical maker Lanxess (LXSG.DE) said on Monday it was confident that no rival bidder would trump its $2.7 billion takeover offer for U.S. peer Chemtura (CHMT.N). More »
A logo of Lanxess is seen next to dark clouds at Cologne Bonn airport March 27, 2015. REUTERS/Wolfgang Rattay Lanxess AG (LXSG.DE) is to buy U.S. speciality chemical company Chemtura (CHMT.N) for 2.4 billion euros ($2.69 billion) including debt in the German c... More »
The Pfizer logo is seen at their world headquarters in Manhattan, New York, U.S., August 1, 2016. REUTERS/Andrew Kelly U.S. drugmaker Pfizer Inc said on Monday it had decided not to separate into two publicly traded companies at this time. More »
A screen displays stock charts while a trader works at his post on the floor at the New York Stock Exchange, May 30, 2013. REUTERS/Brendan McDermid With traditional dividend-paying stocks such as utilities and telecom companies trading near record highs, U.S. ... More »
The GlaxoSmithKline building is pictured in Hounslow, west London June 18, 2013. REUTERS/Luke MacGregor/File Photo GlaxoSmithKline is to sell its portfolio of anesthetic drugs to South Africa’s Aspen Pharmacare for up to 280 million pounds ($372 million) as pa... More »
A woman walks past a McDonald’s outlet in Hong Kong in this July 25, 2014 file photo. REUTERS/Tyrone Siu/File Photo Private equity firms Carlyle Group (CG.O) and TPG Capital have teamed up with two separate Chinese state companies to bid for McDonald’s (MCD.N)... More »
A shopper walks out of a Woolworths store in Sydney, Australia, May 12, 2016. Picture taken May 12, 2016. REUTERS/David Gray Woolworths Ltd (WOW.AX) said on Monday the U.S. company with which it had a hardware retail joint venture had started legal proceedings... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV busi... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo PARIS (Reuters) – When French tycoon Vincent Bollore backed out of a deal to b... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo PARIS (Reuters) – When French tycoon Vincent Bollore backed out of a deal to b... More »
By Mathieu Rosemain | PARIS PARIS When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV business of Italian broadcaster Mediaset (MS.MI), and instead proposed to take a large slice of the parent company itself, investors feared he was plott... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV busi... More »
