Citi names Gutiérrez-Orrantia Europe banking and cluster head in restructure
By Andres Gonzalez LONDON Nacho Gutiérrez-Orrantia, one of Citi's most senior bankers in Europe, will become banking and
1970-01-01 08:00
Reaction to Alibaba's scrapping of cloud unit spin-off
HONG KONG Hong Kong-listed shares of China's Alibaba Group plunged 10% on Friday, wiping about $20 billion off
1970-01-01 08:00
Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market value
By Donny Kwok and Casey Hall HONG KONG/SHANGHAI (Reuters) -Alibaba Group's Hong Kong shares slumped 10% on Friday after it
1970-01-01 08:00
Finland's Neste to cut 400 jobs in cost cutting drive
COPENHAGEN Finland's Neste said on Wednesday it plans to save 50 million euros ($53 million) annually through measures
1970-01-01 08:00
UFC owner Endeavor announces review of strategic options
Sports behemoth Endeavor Group Holdings said on Wednesday it has begun a formal review to evaluate strategic alternatives
1970-01-01 08:00
China's Country Garden warns of default again as property sales plunge
For the second time in just over two months, Country Garden has warned investors that it could default on its $190 billion debt in a reminder that China's real estate crisis is far from over.
1970-01-01 08:00
French retailer Casino finalises rescue deal led by Czech tycoon
By Dominique Vidalon PARIS (Reuters) -French supermarket group Casino has finalised a deal to avert bankruptcy through a debt restructuring
1970-01-01 08:00
SAS shares plunge 95% as restructuring wipes out owners
COPENHAGEN Shares in SAS tumbled 95% in opening trade on Wednesday after the Scandinavian airline announced new big
1970-01-01 08:00
Carlyle pulls back from US consumer bets as part of strategic overhaul -source
By Anirban Sen (Reuters) -Private equity firm Carlyle Group plans to pull back from investing in U.S.-based consumer, media and
1970-01-01 08:00
Brazil airline Azul completes payment deal with lessors, OEMs
SAO PAULO Brazilian airline Azul has completed restructuring obligations it had with most of its lessors and equipment
1970-01-01 08:00
Casas Bahia executive quits as crisis deepens at Brazil retailer
SAO PAULO A top executive of Casas Bahia has decided to quit after less than five months on
1970-01-01 08:00
SAS says bids in equity solicitation process being evaluated
STOCKHOLM Airline SAS said on Tuesday the evaluation process is ongoing after the period ended for making final
1970-01-01 08:00