GSK’s Nigerian Unit to Close Down, Return Cash
GlaxoSmithKline Consumer Nigeria Plc, the second-biggest drug firm in the West African nation, will cease operations after its
1970-01-01 08:00
Top Court in India Suspends Rahul Gandhi’s Conviction
India’s top court stayed Rahul Gandhi’s conviction in a high-stakes defamation case, enabling the opposition leader to seek
1970-01-01 08:00
WPP Is Latest Ad Agency Hit by Tech Giant Marketing Cutbacks
After massive layoffs earlier this year, technology giants have found one more item to slash: marketing budgets. Several
1970-01-01 08:00
Billionaire Kretinsky Says He Won’t Boost Eviden Stake After French Concerns
Czech billionaire Daniel Kretinsky will not increase his stake in Atos SE’s big data and cybersecurity business, Eviden,
1970-01-01 08:00
AT1s Deliver Big Returns to Traders Braving Credit Suisse Rout
In the days after Credit Suisse Group AG’s AT1s were wiped out, speculation was rife that the market
1970-01-01 08:00
World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
1970-01-01 08:00
Bond Traders Eye 5 Basis Points as BOJ Intervention Trigger
Bond traders are on guard for a further five-basis-points increase in benchmark Japanese bond yields amid speculation that
1970-01-01 08:00
Credit Agricole Nears Deal for Degroof Petercam
Credit Agricole SA will acquire a majority stake in Belgian asset and wealth manager Degroof Petercam, as the
1970-01-01 08:00
Maersk Cuts Forecast for Global Trade as Destocking Lasts Longer
A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, saying there
1970-01-01 08:00
Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
1970-01-01 08:00
Commerzbank Lifts Outlook for Lending as Rate Boost Persists
Commerzbank AG raised its outlook for lending income and said it will seek approval for another buyback as
1970-01-01 08:00
Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
The Treasury yield curve has become far less inverted this week, but the shift is unnerving investors as
1970-01-01 08:00
