Big companies commit to slash emissions ahead of U.N. climate summit
Almost 90 big companies in sectors from food to cement to telecommunications are pledging to slash their greenhouse gas emissions in a new campaign to steer multi-nationals towards a low-carbon future, organizers said on Sunday.
Saban to return controlling stake in Israel’s Partner Comms: media
U.S.-Israeli media magnate Haim Saban plans to give up his controlling stake in Israeli mobile phone operator Partner Communications , financial media reported on Sunday.
Eyes on U.S. prize, Primark considers Central American suppliers
Confident it can crack the $300 billion U.S. clothing and shoes market where many other foreign retailers have failed, Britain’s Primark is ready to raise its bet on the country by securing new sources of fast fashion in central America.
No one will be stranded, UK minister says on Thomas Cook future
British foreign minister Dominic Raab said the government had contingency plans in case talks to rescue travel company Thomas Cook fail, and sought to reassure holidaymakers that they will not end up stuck overseas.
China needs to change way it finances economy, think tank says
China needs to develop a better system for financing small businesses that drive innovation in the economy but currently struggle to access the funds they need for growth, a leading Chinese think-tank said in a report published Sunday.
Budget carrier XL Airways seeks rescue deal with Air France
French airline XL Airways has called on Air France to discuss a rescue deal to avert the collapse of the budget carrier that halted ticket sales and payments last week.
Thomas Cook in talks with UK government and investors over rescue deal
Britain’s Thomas Cook is in talks with the government and potential investors about a last-minute rescue deal to fend off a corporate collapse that would send shockwaves well beyond the travel sector.
UK minister hopes Thomas Cook talks come to ‘positive conclusion’
British security minister Brandon Lewis said he hoped talks about the future of travel company Thomas Cook come to a positive conclusion on Sunday.
SoftBank mulls bringing 40 companies to Brazil
Japan’s SoftBank Group Corp is considering bringing around 40 companies with high growth potential to Brazil and expects to announce a large investment in the country in around two weeks’ time, the group’s head in Brazil, André Maciel, said on Friday.
Huawei to join forces with China Mobile to bid for Brazil’s Oi: report
Chinese telecoms equipment maker Huawei Technologies Co is joining forces with China Mobile to potentially enter a dispute to buy struggling Brazilian carrier Oi SA , in an attempt to boost its footprint in Latin America’s largest market, O Globo news…
