LONDON/HONG KONG HSBC Holdings Plc (HSBA.L) could announce thousands of job cuts at a strategy day next week, Sky News reported on Monday, part of chief executive Stuart Gulliver’s overhaul plan that could also see him sell operations in Brazil and Turkey and ... More »
PARIS French media group Vivendi said on Friday it would book a 4.2 billion euro ($4.6 billion) pre-tax gain from the sale of Brazilian telecommunications company GVT, which would help it pay interim dividends. The company said it had also received a 12 percen... More »
PARIS (Reuters) – Paris took a decisive step toward a 2024 Summer Olympic bid on Monday when the City Hall backed the French aspirations to bring the Games back to the capital after a 100-year hiatus. The city council voted in favor of a bid and it is now up t... More »
PARIS (Reuters) – Paris is set to go ahead with a bid to host the 2024 Summer Olympic Games, the French capital’s deputy mayor in charge of sports told Reuters. The Paris City Council will vote on Monday to decide whether to make a bid for the 2024 Games — 100... More »
PARIS (Reuters) – French media group Vivendi said it reached a deal with activist U.S. hedge fund P. Schoenfeld Asset Management (PSAM) to increase payouts to investors, heading off a conflict ahead of its shareholder meeting later this month. Vivendi said it ... More »
