Foxconn deal for Japan’s Sharp in doubt after last-minute hitch
TOKYO/TAIPEI (Reuters) – Taiwan’s Foxconn put its takeover of electronics maker Sharp Corp on hold on Thursday after discovering previously undisclosed liabilities, sources said, throwing into doubt what was set to be the biggest takeover by a foreign …
MetLife in talks to sell U.S. retail adviser group to MassMutual
(Reuters) – MetLife Inc , which is in the process of trimming down its businesses, said it was in talks with MassMutual Financial Group regarding a possible sale of MetLife Premier Client Group, its U.S. retail adviser group.
Ponies and princesses: Hasbro launches charm offensive for girls
(Reuters) – Having captivated boys with its Star Wars figures, Hasbro Inc is turning to Disney Princesses and the launch of its first animated movie to arrest a five-quarter slump in sales of its toys for girls.
Hugo Boss CEO steps down after weak China, U.S. sales
BERLIN (Reuters) – Hugo Boss Chief Executive Claus-Dietrich Lahrs is stepping down after eight years at the helm of the German fashion house after the share price tumbled following a profit warning on weak sales in China and the United States.
McDonald’s announces belated foray into Kazakhstan market next month
MOSCOW (Reuters) – McDonald’s will open its first restaurant in Kazakhstan in March and another 15 soon afterward in a belated foray into Central Asia’s largest economy, a company executive and its Kazakh licensee said on Thursday.
Domino’s Pizza profit rises 31 percent on strong U.S. sales
(Reuters) – Domino’s Pizza Inc reported a 31 percent jump in quarterly profit as strong growth in the United States offset the drag from a strong U.S. dollar and expenses related to a recapitalization program that included early retirement of debt.
Dynegy, Energy Capital to buy Engie’s U.S. power plants
(Reuters) – U.S. electric power company Dynegy Inc said it had partnered with private equity firm Energy Capital Partners to buy French utility Engie SA’s U.S. power plants worth $3.3 billion to expand in regulated power markets.
Visa signs MoU with China UnionPay
(Reuters) – China UnionPay and Visa Inc signed a memorandum of understanding to collaborate on payments security, Visa said on Thursday.
Noble Group flags refinancing on track after first loss in two decades
SINGAPORE (Reuters) – Singapore-listed Noble Group said it expects to refinance its revolving credit facility and reported its first annual loss in nearly 20 years, battered by a $1.2 billion writedown for weak coal prices.
Foxconn to delay signing of Sharp takeover deal, says to clarify terms
TAIPEI (Reuters) – Taiwan’s Foxconn on Thursday said it would delay the signing of a deal to take over Sharp Corp as the Japanese firm had included new terms that needed to be clarified.
