Author Archives
-
Casino operator Caesars Entertainment Corp appoints Anthony Rodio as its CEO
The development comes at a time when Caesars Entertainment has come under increasing pressure from activist investor Carl Icahn. On Tuesday, U.S. casino operator Caesars Entertainment Corp, which has been under pressure from activist investor Carl Icahn to sell itself,… Read More ›
-
Italy’s antitrust regulator launches probe into 5 amazon businesses
Italy’s antitrust body has launched a probe into Amazon Services Europe, Amazon Europe Core, Amazon EU, Amazon Italia Services and Amazon Italia Logistica. On Tuesday, in a significant development, Italy’s antitrust authority disclosed it has begun a probe into five… Read More ›
-
Creditors for South Korea’s Asiana Airlines mull support plan
Creditors for debt-laden South Korean airlines will come up with a financial support plan either by late April or early May. On Tuesday, as per a statement from the Korea Development Bank, the principle creditor of Asiana Airlines, creditors are… Read More ›
-
Unionized workers of Harley Davidson ratify 5-year labor contract agreement
The agreements cover more than 1,000 employees in the Milwaukee and Tomahawk-area. In a development that marks an increase in benefits for Harley Davidson’s employees, the bikemaker stated, its unionized workers in Milwaukee and Tomahawk, Wisconsin, have ratified a new… Read More ›
-
Ab InBev adds BAML and Citi ahead of Hong Kong IPO
Ab InBev is likely to file for the IPO with the Hong Kong stock exchange in the first half of 2019. According to three sources with direct knowledge of the matter at hand, Anheuser-Busch InBev, the world’s largest brewer, has… Read More ›
-
Activist investor Edward Bramson issues fresh letter to shareholders over joining the bank’s board
Edward Bramson is pushing the investment bank to undertake a strategic overhaul. On Monday, in a development that ratchets up the war of words between activist Edward Bramson with Barclays, Bramson made a fresh plea with Barclays’ investors to give… Read More ›
-
Hunt keen on delivering Brexit reassurances to Japan
Hunt will be telling Toyota that Britain wants to ensure a tariff-free trade trade deal with the EU. What are we missing here? The only way to the EU is going to agree to a tariff-free deal is if Britain… Read More ›
-
U.S.-Japan trade talks to commence on April 15-16 in Washington
The trade talks are aimed at finding ways to address Tokyo’s $69 billion trade surplus with the United States. On Friday, Japan’s Economy Minister Toshimitsu Motegi disclosed, Tokyo and Washington are slated to hold their first round of trade talks… Read More ›
-
PG&E Corp appoints Nora Mead Brownell as its chairman
Along with Nora Mead Brownell’s appointment, PG&E Corp added several others to its board. These new addition to its board come in the wake of an ongoing battle with shareholder BlueMountain Capital Management LLC as well as crushing liabilities from… Read More ›
-
CIFIUS blocks China’s purchase of Toshiba’s U.S. liquefied natural gas (LNG) business
China’s bid to purchase Toshiba’s U.S. liquefied natural gas (LNG) business was blocked by CIFIUS. Analysts have warned, failure to find a buyer will significantly dent the chances of its recovery from bankruptcy. On Friday, Toshiba Corp’s shares fell by… Read More ›
manageria.biz 