The "king of the high street" has lost his realm. The collapse of British businessman Philip Green's Arcadia fashion empire into administration on Monday looks set to bring an inglorious end to a remarkable, and controversial, career.
Social transformations triggered by the coronavirus pandemic are making index-following, passive stock investments less attractive and could reverse a decline in active stock investments, the chief executive of Nissay Asset Management said.
A Seoul court on Tuesday allowed Korean Air Lines' parent company to go ahead with a stock issuance, clearing the way for the flag carrier's planned acquisition of indebted Asiana Airlines.
Shares in Asiana Airlines, Korean Air Lines and its parent rose on Tuesday following reports of a favourable court ruling for Korean Air's planned acquisition of Asiana.
Bird flu has been detected in a fourth Japanese prefecture, the agriculture ministry said on Tuesday, as a wave of infections at poultry farms sparks the country's worst outbreak in more than four years.
A federal judge has rejected Bayer AG's proposed $648 million settlement of class-action litigation by cities and other claimants over contamination from polychlorinated biphenyls, or PCBs, made by the former Monsanto Co.
Bird flu has been detected in a fourth Japanese prefecture, the agriculture ministry said on Tuesday, as a wave of infections at poultry farms sparks the country's worst outbreak in more than four years.
China's Tianqi Lithium Corp said on Monday it had signed a letter with a syndicate of banks to extend by a month the maturity date on $1.884 billion of loans that were due for repayment at the end of November.
Brazilian food processor JBS SA said on Monday it concluded the acquisition of the margarine and mayonnaise businesses from Bunge's local unit, according to a securities filing.
Booming sales of fridges, toasters and microwaves to households across the locked-down world have helped propel China's mammoth manufacturing engine back to life, super-charging demand for key metals like steel, copper and aluminium.
Brazilian food processor JBS SA said on Monday it concluded the acquisition of the margarine and mayonnaise businesses from Bunge's, local unit, according to a securities filing.
Brazil-based food processor BRF SA said on Monday its Lajeado pork unit has been authorized to resume exports to China, according to a statement sent to Reuters, as the Asian nation continues to rely on meat imports.
Saudi Arabia agreed on Monday to let Israeli airliners cross its airspace en route to the United Arab Emirates after talks between Saudi officials and White House senior adviser Jared Kushner, a senior Trump administration official said.
Deforestation in Brazil's Amazon rainforest surged to a 12-year high in 2020, official government data showed on Monday, with destruction soaring since President Jair Bolsonaro took office and weakened environmental enforcement.
The World Health Organization's top emergency expert said on Monday that the world risked future pandemics if it suffered "amnesia" and did not learn from the current coronavirus crisis.
Brazilian food processor BRF SA said on Monday its Lajeado pork unit in southern Brazil has been authorized to resume exports to China, according to a statement sent to Reuters.
Junk bond markets on both sides of the Atlantic have notched a stellar November, with the riskiest securities outperforming on hopes that coronavirus vaccine rollouts will boost economic recovery and ward off corporate defaults.
Cyber Monday was set to garner up to $12.7 billion in online sales, according to industry estimates, surpassing Black Friday's digital numbers as U.S. retailers enter the last lap of an extended holiday selling season.
China's Tianqi Lithium Corp said on Monday it had signed a renewal letter with a syndicate of banks to extend the maturity date on $1.884 billion of loans that were due for repayment at the end of this month.