Brexit snags stall sterling rally, stocks drift lower
Sterling faltered on Thursday and Europe’s main stock markets went in and out of the red as hopes for a smooth Brexit ran into familiar Irish border snags.
China says it hopes to reach phased trade pact with U.S. as soon as possible
China hopes to reach a phased agreement in a protracted trade dispute with the United States and cancel tariffs as soon as possible, the Commerce Ministry said on Thursday, adding that trade wars had no winners.
What makes Japanese hotelier Unizo attractive for Blackstone and Elliott?
Little-known hotelier Unizo Holdings Co Ltd has found itself the center of private equity attention, with global names vying for the opportunity to buy into Japan’s property market on the cheap.
WH Smith to buy Marshall Retail for $400 million in U.S. airports push
British retailer WH Smith Plc made its second major foray into U.S. airports on Thursday with a $400 million purchase of Marshall Retail Group, expanding in a fast-growing segment and sending its shares up 5%.
Unilever suffers dip in emerging markets sales growth
A slowdown in India and China put a brake on Unilever’s quarterly sales growth, highlighting the challenges facing Chief Executive Alan Jope as he tries to boost the consumer goods giant’s business in emerging markets.
Big U.S. liquefied natgas players move fast, the small race to keep up
A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals without new long-term contracts, while smaller developers struggle to find financi…
U.S. tariffs threaten livelihoods of Spain’s olive-farming families
A double whammy of U.S. import tariffs kicking in on Friday and a recent steep drop in global olive oil prices is threatening the subsistence of thousands of families in southern Spain who fully depend on “liquid gold”, as the oil is known here.
Elliott pushes Japan’s Unizo to accept $1.6 billion Blackstone bid
Unizo Holdings’ top shareholder Elliott Management pushed the Japan hotel operator to accept a $1.6 billion tender offer from Blackstone Group, warning it would take “all available measures” if it fails to do its “fiduciary duty”.
China says it hopes to reach phased trade pact with U.S. as early as possible
China’s commerce ministry said on Thursday that China hoped to reach a phased agreement with the United States over trade as early as possible, and make progress on canceling tariffs on each others’ goods.
‘Not the best owners’: UK’s Domino’s to exit foreign markets
Domino’s Pizza Group Plc , Britain’s biggest pizza delivery company, on Thursday said it would quit its loss-making international operations, sending shares higher in early trade.
