Sales in international markets have been down despite a turnaround plan. The decision to quit from these markets comes in the wake of the company announcing the retirement of its CEO Wild. On Thursday, Britain’s biggest pizza delivery company Domino’s… Read More ›
60% of Unilever’s turnover come from emerging markets. Citing soft demand in two of its growth markets, China and India, consumer goods giant Unilever said its third quarter sales were weaker than expected, Emerging markets account for 60% of its… Read More ›
Qatar Airways and Emirates are the only customers with firm orders for Boeing’s 777-8 model; its date of entry into service will partly depend on customer demand. On Thursday, according to a statement from the chief executive of Qatar Airways,… Read More ›
Romania has also initiated talks to lobby for the investment. Turkey’s military offensive in Syria is taking a toll on its economy: Bulgaria said, it is ready to offer more incentives to Volkswagen for it to build a new plant… Read More ›
The deal is worth nearly $1.3 billion at list prices. According to two industry sources, Airbus has sold ten A321neo aircraft to Sky Airline, a Chilean budget carrier. The scope of the deal was included in a monthly Airbus order… Read More ›
Babej joined Citi in 2010 as its co-head having previously worked at investment bank Lazard and Deutsche Bank. On Thursday, in an internal memo Citigroup Inc stated, it has named Peter Babej, who currently is its current global head, as… Read More ›
The deal comes midst a stalking horse purchase agreement. In securities filing, Barneys New York Inc, a U.S. luxury department-store chain, stated it has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank… Read More ›
The proceeds will be used to reduce the company’s debt load and help execute its five-year strategic plan. In a securities filing, Brazil’s state-run power firm stated, its board of directors has approved an extraordinary shareholders meeting to decide upon… Read More ›
It is to be seen whether this new emergency summit can lead to a breakthrough. British Prime Minister Boris Johnson’s complicated plan of placing Northern Ireland in a dual customs zone with the UK and EU will require major updates… Read More ›
Office sharing startup may opt for JPMorgan’s financing package over Japan’s SoftBank Group Corp’s offer which comes with more strings attached. According to a report from Bloomberg, WeWork prefers the option of a near $5 billion financing package led by… Read More ›
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