Improving Nestle reins in growth ambitions
Food giant Nestle will hit its 2020 organic growth target later than envisaged, it said on Thursday after posting its highest annual growth in four years...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Elevator sale in focus in competitive process: Thyssenkrupp CFO
A sale of Thyssenkrupp's elevator division is currently in focus, the group's finance chief said on Thursday, adding an ongoing auction was "very competitive".
Turkey's Atlasglobal suspends flight operations: news websites
Turkish airline Atlasglobal has decided to suspend all its operations and told its personnel not to come to work on Thursday, the aviation sector news website...
Hong Kong banks compare pandemic stress test with epidemic reality
Last October, nearly four dozen banks in Hong Kong confronted a nightmare "stress test" scenario: a pandemic that swept through the city, followed by a major...
Tesla seeks to raise $2 billion through stock offering
Tesla Inc said on Thursday it plans to raise $2 billion by selling shares through a public offering.
Airbus pledges profit gain after bribery settlement hit
Airbus plunged to a 1.362 billion euro ($1.48 billion) net loss in 2019, weighed down by a multinational bribery settlement, but the European aerospace group pledged...
Qualcomm to ask appeals court for vindication in FTC antitrust case
Qualcomm Inc on Thursday will urge a U.S. appeals court to reverse a ruling that it abused its position as a giant of the semiconductor industry...
Mad cow fright keeps EU cautious on food rules
The specter of the 1990s BSE crisis means the European Union is likely to reject U.S. demands it ease strict food safety rules, even with President...
Factbox: Nestle CEO Schneider's top deals
Nestle Chief Executive Mark Schneider has made great strides in positioning the world's largest food company for the future with his aggressive deal-making since taking over...
Nestle pushes back growth target after solid 2019
Food giant Nestle expects growth to accelerate over the next two years toward its mid-single digit organic growth target, initially set for 2020, after it hit...
Credit Suisse director Alexander Gut not to stand for re-election
Credit Suisse supervisory board member Alexander Gut will not stand for re-election at the group's annual general meeting on April 30, the bank said alongside its...
Japan's Asahi says Korean boycott cost it 3 billion yen last year
Japanese beer and beverage maker Asahi Group Holdings said a South Korean consumer boycott of Japanese goods cost it around 3 billion yen ($27.32 million) last...
Akzo Nobel targets rival-beating growth
Dutch paints and coatings maker Akzo Nobel aims to outpace its competitors' revenue growth in the coming years while lifting profitability, it said on Thursday.
Steel becomes new problem child as Thyssenkrupp posts profit drop
Thyssenkrupp's steel division swung to a loss in the first quarter, raising doubts over Europe's second-biggest steelmaker, the conglomerate's core following its planned sale of its...
Barclays CEO probed over Epstein ties, overshadowing profit gains
Britain's financial regulators are probing historical links between Barclays Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting trial on...