Carlyle targets first-close of new Asia buyout fund at over $4 billion: sources
HONG KONG (Reuters) – Carlyle Group is targeting the first closing of a new Asia buyout fund within the next couple of months at over $4 billion, three people familiar with the matter said, bulking up in a region that has become a key market for globa…
Ryanair offers pay rise to some pilots on top of bonus
DUBLIN (Reuters) – Ryanair will hand pilots at some of its largest bases a 10,000 euro annual pay rise on top of a 12,000 euro bonus offered this week to those who help the airline alleviate a pilot shortage, Chief Executive Michael O’Leary said on Thu…
Toys ‘R’ Us plans holiday hires including toy demonstrators
(Reuters) – Toys “R” Us Inc, the U.S. toy retailer that filed for bankruptcy protection this week, said on Thursday it is hiring part-time seasonal workers to staff its stores for the holidays, including for a new position of toy demonstrator.
Mitsubishi recalls 89,406 cars in Russia: standards agency
MOSCOW (Reuters) – Russia’s standards watchdog Rosstandart said on Thursday it had been informed that Mitsubishi Motors Corp was recalling 89,406 Mitsubishi ASX cars sold in Russia between July 2010 and January 2016.
Volvo rolls out compact SUV in latest upmarket shift under Geely
MILAN (Reuters) – Volvo Cars showed off its first compact SUV on Thursday with the launch of its new XC40 model, the latest in a sweeping overhaul of the carmaker’s line-up under Chinese ownership.
Nestle to cut up to 450 jobs at Galderma research center in France
ZURICH (Reuters) – Nestle said it plans to cut up to 450 jobs at a research and development center for its skin health business Galderma in southern France, as it seeks to make the underperforming unit more efficient.
Fed’s ‘Great Unwinding’ lifts dollar, yields and bank stocks
LONDON (Reuters) – Signals the Federal Reserve will hike U.S. interest rates again this year and begin the ‘Great Unwinding’ of a decade of aggressive stimulus, drove the dollar to a two-month high versus the yen on Thursday and sent bonds and commodit…
Toshiba, keen to seal $18 billion chips sale, wrestles with last-minute delays
TOKYO (Reuters) – Japan’s Toshiba Corp is locked in last minute discussions over “key issues” with the would-be buyers of its $18 billion memory chip business led by U.S. private equity firm Bain, potentially delaying a formal agreement on the sale.
Lufthansa CEO puts focus on 38 wet lease planes in Air Berlin battle
FRANKFURT (Reuters) – Lufthansa’s bid for Air Berlin assets is focused on securing the 38 crewed planes it currently leases from the insolvent carrier and it is interested in a further 20 to 40 planes, Lufthansa’s chief executive said.
Google bets anew on smartphones, pays $1.1 billion for HTC’s Pixel division
TAIPEI/SAN FRANCISCO (Reuters) – Alphabet Inc’s Google said it would pay $1.1 billion for the division at Taiwan’s HTC Corp that develops the U.S. firm’s Pixel smartphones – its second major foray into phone hardware after an earlier costly failure.
