UniCredit to raise 13 billion euros in Italy’s biggest share issue
MILAN/LONDON (Reuters) – Italy’s largest bank, UniCredit , plans to raise 13 billion euros ($13.8 billion) in the country’s biggest-ever share issue to shore up its balance sheet and shield itself from a broader banking crisis.
Japan’s Asahi expands in Europe with AB InBev beer deal
TOKYO/LONDON (Reuters) – Asahi Group Holdings will buy a group of eastern European beer brands from Anheuser-Busch InBev for 7.3 billion euros ($7.8 billion), boosting its new presence in the region in the largest overseas beer deal by a Japanese bre…
British pension funds warn on any Fox/Sky deal
LONDON (Reuters) – British public sector pension funds on Tuesday called for an “appropriate” premium in any potential deal between Twenty-First Century Fox and Sky as well as for safeguards to protect minority shareholders.
Shell takes aim at British and German offshore wind deals
LONDON (Reuters) – Royal Dutch Shell wants to buy into the British and German offshore wind markets as it attempts to shift its business away from fossil fuels.
Apple AirPod headphones available for sale after two-month delay
(Reuters) – Apple Inc said on Tuesday its wireless AirPod headphones were now available through its website, two months after the company delayed their launch for unexplained reasons.
Chipotle shareholder urges Ackman to recruit new board members
BOSTON (Reuters) – Union-affiliated shareholder CtW Investment Group on Tuesday stepped up its pressure on Chipotle Mexican Grill by urging billionaire investor William Ackman to play a hand in recruiting new directors to its board.
Cumulus Media sues JPMorgan over refinancing plan
NEW YORK (Reuters) – Cumulus Media Inc has sued JPMorgan Chase & Co seeking a court order declaring that the second-largest U.S. radio network is allowed to proceed with a refinancing that it says would deleverage the company by up to $305 million.
Philippines bank says no role in heist, Bangladesh Bank responsible
(Reuters) – The Philippines bank through which $81 million stolen from Bangladesh’s central bank was channeled in February said on Tuesday that the central bank was responsible for the heist, and so any liability should not be passed on.
IranAir hopes to finalize Airbus deal in two weeks
BEIRUT (Reuters) – European planemaker Airbus and IranAir will finalize a deal to buy aircraft in two weeks, the head of Iran’s flag carrier said on Tuesday, adding Airbus has agreed to arrange financing for the first 17 planes.
U.S. import prices post largest drop in nine months
WASHINGTON (Reuters) – U.S. import prices recorded their biggest drop in nine months in November on declining petroleum costs, with renewed dollar strength threatening to keep imported inflation subdued.
