Carlyle Group commits up to $500 million to India-focused Magna Energy
(Reuters) – Carlyle Group has committed to invest up to $500 million in Magna Energy Ltd, an India-focused upstream oil and gas company, the global private equity firm said in a statement on Monday.
U.S. share futures leap as Greece offers new reform deal
TOKYO (Reuters) – U.S. stock futures jumped in early Asian trade on Monday after Greek Prime Minister Alexis Tsipras offered a new package of reforms to foreign creditors – a ray of hope for a last-minute deal at the emergency euro zone summit meeting …
In sensitive Samsung vote, South Korea pension fund may seek outside help
SEOUL (Reuters) – South Korea’s national pension fund, which holds what could be the swing shareholder vote in Samsung Group’s contentious $8 billion merger plan, may outsource its decision to an external panel, sources say.
Cigna rebuffs Anthem’s ‘deeply disappointing’ proposal
(Reuters) – Health insurer Cigna Corp rebuffed Anthem Inc’s $47 billion merger proposal on Sunday, saying it was “deeply disappointed” with Anthem’s recent actions and the offer was not in the best interest of shareholders.
Greece offers new proposals ahead of emergency summit
ATHENS/BRUSSELS (Reuters) – Greek Prime Minister Alexis Tsipras made a new offer on a reforms package to foreign creditors on Sunday, signaling 11th-hour concessions to break a deadlock that has pushed Greece to the brink of bankruptcy.
Stocks of top U.S. airlines ready to soar: Barron’s
(Reuters) – Shares for the top four airline carriers in the United States could rise 15 percent to 50 percent due to less competition and falling fuel costs, according to the June 22 edition of Barron’s.
Exclusive: Banks did not do enough to police FIFA transactions, says global agency
LONDON (Reuters) – A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer’s global governing body FIFA, and cautioned banks to step up scrutiny.
Exclusive: Bank of Greece warned bankers of ‘difficult’ day if no debt deal
ATHENS (Reuters) – The head of the Bank of Greece warned bankers last week to brace for a “difficult day” on Tuesday if the Athens government does not reach a deal with creditors at an emergency euro zone summit on Monday, two senior bankers told Reute…
Global brands stretched by India’s food safety record
TALOJA, India/ MOGA, India (Reuters) – At a McDonald’s plant outside Mumbai, 200 workers walk through air dryers and disinfectant pools, then get to work making the day’s 25,000 patties from chicken painstakingly sourced in a country with one of the wo…
Global brands stretched by India’s food safety record
TALOJA, India/ MOGA, India (Reuters) – At a McDonald’s plant outside Mumbai, 200 workers walk through air dryers and disinfectant pools, then get to work making the day’s 25,000 patties from chicken painstakingly sourced in a country with one of the wo…
