Staff wanted: pensioners welcome, but anyone, really
Zsuzsanna Czeizel told herself she’d never work again after she retired in 2012. But since October, she’s held a job — scanning boxes of sweets in a large warehouse near Budapest.
Activist Elliott tells Pernod there is still work to do
Activist investor Elliott kept up the pressure on French spirits group Pernod Ricard, welcoming this week’s first-half results but calling for boardroom changes and better margins.
Deutsche Bank, Commerzbank merger talk ‘speculation’: German finance minister
German Finance Minister Olaf Scholz said on Friday he was in talks with banks about their future and called reports of a merger of Deutsche Bank and Commerzbank “speculation”.
Exclusive: U.S. considers withdrawal of zero tariffs for India – sources
India could lose a vital U.S. trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said.
World share index set for weekly loss as ‘economic skies darken’
Global shares fell for a third straight day on Friday and were set to post their first weekly loss in seven, as investors worried about a broadening global economic slowdown and the lack of any sign of a resolution to the U.S.-China trade row.
Sony stock jumps after first-ever share buyback announcement
Sony Corp announced its first-ever major share buyback on Friday, worth 100 billion yen ($910 million), helping its stock recover from a hammering days earlier when investors freaked over lackluster earnings.
Pernod defends its performance in light of new Elliott criticism
Drinks group Pernod Ricard defended its performance and strategy on Friday, in the light of renewed criticism of the company from activist fund Elliott.
Explainer: Why Shanghai’s new Nasdaq-style tech board may be a game-changer
The detailed rules for a Nasdaq-style start-up board in Shanghai have fueled hopes among early-stage companies the new regime could bring about positive changes in China’s stance towards raising equity that investors have been seeking.
Activist fund Elliott keeps up pressure on drinks group Pernod
Activist hedge fund Elliott kept up the pressure on French drinks group Pernod Ricard, stating that while Pernod’s results this week were good, Elliott still wanted more in terms of corporate governance and steps to boost growth.
Starbucks ‘unlikely’ to be overtaken in China by Luckin in 2019: CEO
Starbucks Corp is unlikely to cede its leading position in China, the company’s fastest-growing major market, to Chinese startup Luckin in 2019, Starbucks CEO Kevin Johnson said in an interview on Thursday.
