Blackstone to buy German property group OfficeFirst Immobilien
FRANKFURT (Reuters) – Blackstone is to buy OfficeFirst Immobilien from IVG Immobilien AG, ending months of talks over a potential sale or stock market listing of the German property company.
Banks, brokers gird for Brexit-style tumult following Tuesday’s election
(Reuters) – Big global banks, including Morgan Stanley, JPMorgan Chase & Co and Goldman Sachs Group Inc are bracing for potential tumult on financial markets after Tuesday’s U.S. election.
Sports Direct accused of botched spying attempt on UK lawmakers
LONDON (Reuters) – Embattled British retailer Sports Direct was forced to defend itself on Tuesday after lawmakers complained of an attempt to spy on them during an unannounced visit to a warehouse that has been slated for poor working conditions.
German prosecutors confirm probe targeting VW’s chairman
(The November 7, 2016 story was refiled to correct the third paragraph to read “town” instead of “state”)
Bank of England sets new rules to end bank bailouts
LONDON, (Reuters) – – The Bank of England said on Tuesday that Britain’s lenders would be given an extra two years until 2022 to build up sufficient funds to ensure they do not need to rely on taxpayer bailouts if they go under.
Global stocks up but caution prevails as U.S. election day dawns
LONDON (Reuters) – Stocks edged up on Tuesday as world markets braced for the outcome of one of the most contentious U.S. presidential elections in history, with trade largely driven by cautious expectations of a win for Democrat Hillary Clinton.
South Korea’s Park indicates willing to relinquish some power amid crisis
SEOUL (Reuters) – South Korean President Park Geun-hye said on Tuesday she will withdraw her nominee for prime minister if parliament recommends a candidate and is willing to let the new premier control the cabinet, seeking to defuse a crisis rocking h…
Exclusive: FedEx grounds one plane over GE engine part concern
(Reuters) – FedEx Corp is grounding one of its planes temporarily that has an engine General Electric Co flagged after a passenger jet erupted in flames last month, a spokesman for the cargo airline told Reuters on Monday.
Facebook takes on LinkedIn with new job opening features
(Reuters) – Facebook Inc said on Monday, it was testing a feature that would let page administrators create job postings and receive applications from candidates, a move that could pressure LinkedIn Corp’s recruiting business. “Based on behavior w…
News Corp posts quarterly loss as print ad sales fall
(Reuters) – News Corp , the owner of the Wall Street Journal, Dow Jones Newswires and book publisher HarperCollins, reported a quarterly loss as it struggles to cope with a decline in newspaper advertising sales.
