Pernod looks for more bolt-on deals after U.S. buy
PARIS (Reuters) – Pernod Ricard said it was buying Kenwood Vineyards to beef up its premium wines portfolio in the United States, the French drinks company’s biggest market, and was looking for more small-scale acquisitions.
Nokia says India plant unlikely to be part of Microsoft deal
NEW DELHI (Reuters) – Nokia said that due to an ongoing tax dispute its Indian mobile phone handset plant was unlikely to be included in a deal due to be concluded on Friday for the sale of its global handset business to Microsoft.
Draghi says ECB should reflect on frequency of policy meetings
AMSTERDAM (Reuters) – European Central Bank President Mario Draghi said on Thursday the central bank should reflect on the frequency of its policy meetings to keep expectations for further stimulus at bay.
Juicy Apple buoys shares, euro volatility sinks
LONDON (Reuters) – Global stocks were back on the front foot on Thursday, as upbeat earnings from tech heavyweights Apple and Facebook helped shake off some of the jitters that have hit the sector in recent weeks.
Ericsson to split Network unit in two
STOCKHOLM (Reuters) – Ericsson, the world’s top mobile telecom equipment maker, said on Thursday it would split its key Network unit in two as communications technology relies more on software and the Internet.
Tokyo Court orders bankruptcy trustee to begin Mt. Gox liquidation
TOKYO (Reuters) – Tokyo District Court ordered liquidation to begin at failed bitcoin exchange Mt. Gox, the company said on Thursday, after the bankruptcy administrator said on April 16 that it would be difficult to rehabilitate the firm.
Japan business lobby plans corporate governance rules: source
TOKYO (Reuters) – Japan’s most powerful business lobby, Keidanren, plans to introduce corporate governance rules that will require better disclosure, a person familiar with the matter said, but they will stop short of bolder reforms sought by many inve…
Canon nudges up profit forecast on higher office equipment sales
TOKYO (Reuters) – Canon Inc raised its full-year operating profit target by a slight 1.4 percent after strong sales of office copiers and printers in the first quarter.
Hyundai Motor first-quarter profit misses estimates, hurt by slow U.S. sales
SEOUL (Reuters) – South Korea’s Hyundai Motor missed analyst estimates by posting first-quarter net profit that was almost identical to a year earlier, as lackluster U.S. performance offset increased sales in China and Korea.
Exclusive: Marubeni says Chinese authorities detain three staff at grain unit
TOKYO/BEIJING (Reuters) – Three employees at one of Marubeni Corp’s grain trading units in China have been detained by authorities, the Japanese trading house said on Thursday, a move industry sources said was prompted by allegations of tax evasion on …
