Toshiba Corp (6502.T) is grappling with difficult decisions as it seeks to muster shareholder support for its plan to split into three companies, with some investors concerned it might set…
Category: Business
Blackstone plans $3.4 bln IPO for bookmaker Cirsa, Spanish paper says
Private equity giant Blackstone (BX.N) is planning a public listing of Spanish gambling company Cirsa next year in a deal that could be valued at up to 3 billion euros…
Macau’s Suncity shares halted, pending statement on ‘possible loan default’
Trade in shares of Macau's Suncity Group Holdings Ltd (1383.HK) and its unit Summit Ascent Holdings Ltd (0102.HK) were suspended on Thursday, pending a statement in relation to a possible…
German exports shoot up 4.1% in October
German exports grew at their strongest pace in more than a year in October despite persistent supply bottlenecks in manufacturing, data showed on Thursday. Seasonally adjusted exports increased by 4.1%…
Four ways to navigate the holiday tipping vortex
When it comes to holiday tipping, is America a nation of Scrooges? That is what Ted Rossman wondered. When CreditCards.com recently polled Americans about how much they planned to tip…
Rights of Evergrande shareholders, creditors to be respected, says China cenbank chief
The rights of shareholders and creditors of cash-strapped property developer China Evergrande Group (3333.HK) will be "fully respected" based on their legal seniorities, central bank governor Yi Gang said on…
More companies in Asia seek carbon offsets after COP26 -industry exec
Asia's demand for carbon offsets is picking up as more companies in global supply chains, IT and banking sectors seek to lower their carbon footprint following the COP26 November Glasgow…