Nissan’s premium brand Infiniti global sales up 8 percent in September
BEIJING (Reuters) – Nissan Motor Co’s premium brand Infiniti sold 21,523 vehicles globally in September, up 8 percent from a year earlier and pushing the brand’s worldwide sales in the first nine months of this year to 182,884 vehicles, up 11 percent….
Saudi Aramco IPO on track for 2018: officials
MOSCOW (Reuters) – A plan to list Saudi Aramco in 2018 is on track, senior Saudi officials said in Moscow on Thursday, as Saudi Arabia gears up to sign a string of investment agreements with Russia.
Hilton to add 29 hotels to its chain in Africa over five years
NAIROBI (Reuters) – Hilton Worldwide plans to spend $50 million over the next five years to renovate and rebrand 29 hotels in Africa, it said on Thursday, joining other chains keen to tap growing business and international travel on the continent.
KPMG South Africa CEO promises reform after Gupta scandal
CAPE TOWN (Reuters) – KPMG’s new chief executive in South Africa said on Thursday she would make sweeping changes to ensure the firm did not repeat “greatly disappointing” work it did for business friends of President Jacob Zuma.
Global stock market party settles down for central bank reflection
LONDON (Reuters) – Global stocks came off record highs and the euro fell back toward seven-week lows on Thursday as minutes from the European Central Bank’s last meeting showed policymakers had widespread concerns about the single currency’s rapid ris…
Exclusive: Airbus defense unit freezes capex, may miss cash goals – memo
PARIS (Reuters) – Airbus Defence and Space has frozen capital spending and urged its 34,000 staff to take “drastic measures” to save cash as it faces the prospect of missing 2017 cash targets by hundreds of millions of euros, according to a memo seen b…
KPMG South Africa CEO ‘greatly disappointed’ by Gupta work
CAPE TOWN (Reuters) – KPMG South Africa’s new chief executive Nhlamu Dlomu is “greatly disappointed” by the work it did for the tax agency and companies linked to friends of President Jacob Zuma, she told parliament on Thursday.
Linde urges investors to exchange shares for Praxair merger
(Reuters) – German industrial gases group Linde urged investors to tender their shares in an exchange offer for its planned $80 billion merger with U.S. peer Praxair as a deadline approaches to reach 75 percent acceptance.
Bain Capital aims to list Toshiba chip unit in three years
TOKYO (Reuters) – U.S. private equity firm Bain Capital LP on Thursday said it aims to list Toshiba Corp’s chip unit on the Tokyo Stock Exchange within three years, to cash in its investment after leading an $18 billion acquisition of the business.
UK accounting watchdog closes probe into PwC over Barclays audits
LONDON (Reuters) – The Financial Reporting Council has closed its investigation into audit firm PricewaterhouseCoopers (PwC) LLP over its audits of Barclays in the years during and after the global financial crisis, the accounting watchdog said on Thu…
